Shahina Mukadam of Fairwealth Securities told CNBC-TV18, "TVS Motor’s numbers were good. They have shown good growth. In terms of volumes also it is better than what I had expected and I do think that given the price increase that they have again taken they would be able to further improve their margins. So, I would really get into that stock for a medium to longer term.”
At 15:22 hrs TVS Motor Company was quoting at Rs 50.85, up Rs 1.10, or 2.21 percent.
The share touched its 52-week high Rs 52.50 and 52-week low Rs 28.10 on 23 October, 2013 and 31 July, 2013, respectively.
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