Emkay lists out 8 stocks you can hold on to

Thu, Feb 07, 2013 at 09:45

| Source:
Share   .   Email   .   Print      

TVS Motor Company

Rating:  Hold

Target: Rs 48

Rationale: Q3 operating performance is weak as new launch expenses and lower export incentives impact margins. A Likely upside risk from new launches and BMW deal and a raised volume growth estimate in FY14/FY15 to 14.7%/10.2% on new products is expected.

Explore Moneycontrol

Copyright © Ltd. All rights reserved. Reproduction of news articles, photos, videos or any other content in whole or in part in any form or medium without express written permission of is prohibited.