TVS needs to get into the export market in big way: Sudip Bandyopadhyay, Destimoney Securities

In a chat with ET Now, Sudip Bandyopadhyay, President, Destimoney Securities, shares his views on the two-wheeler companies. Excerpts:

ET Now: Is there a merit in looking at TVS Motors or will you play two-wheelers via Bajaj or Hero?

Sudip Bandyopadhyay: I shall continue to play two-wheelers via Bajaj, not Hero. I like Bajaj; it has potential.

However, TVS has done right things in the past few months. It will improve its performance over the next three to six months’ time. However, I am not sure about the medium to long term plan; somewhere, they have to get into the export market in a big way. They are trying and they have some amount of exports, but that needs to improve significantly as well as the potential is huge. Unless they are able to exploit the export market adequately, they will not be able to get good valuation in Indian market and compete with the likes of Bajaj and Hero.