Buy TVS Supply Chain Solutions, target price Rs 290: JM Financial

JM Financial has buy call on TVS Supply Chain Solutions with a target price of Rs 290. The current market price of TVS Supply Chain Solutions is Rs 173.75.

TVS Supply Chain Solutions Ltd., incorporated in the year 2004, is a Small Cap company (having a market cap of Rs 7658.77 Crore) operating in Logistics sector.

TVS Supply Chain Solutions Ltd. key Products/Revenue Segments include Income From Logistics Operations & Others and Other Operating Revenue for the year ending 31-Mar-2023.



Financials
For the quarter ended 31-03-2024, the company reported a Consolidated Total Income of Rs 2433.06 Crore, up 8.45 % from last quarter Total Income of Rs 2243.45 Crore and up 1.75 % from last year same quarter Total Income of Rs 2391.15 Crore. Company reported net profit after tax of Rs 3.51 Crore in latest quarter.


Promoter/FII Holdings
Promoters held 43.13 per cent stake in the company as of 31-Mar-2024, while FIIs owned 0.23 per cent, DIIs 5.1 per cent.