Moneycontrol
Last Updated : Jan 30, 2018 02:55 PM IST | Source: CNBC-TV18

Remain invested in TVS Motor, says Sharmila Joshi

Sharmila Joshi of sharmilajoshi.com is of the view that one may remain invested in TVS Motor.

CNBC TV18 @moneycontrolcom

Sharmila Joshi of sharmilajoshi.com told CNBC-TV18, "TVS Motor has had a bit of a dream run, the last past two years, but that has really been on the back of the excellent sales numbers they have been turning in. So one can stay put. Rs 750 was a slightly higher price to get into the stock, but in long term, I think one should make money from current levels."

"Let us not forget that apart from the fact that their new variants are doing good business, we have to still see what comes out of that BMW tie-up and how that adds to margins going ahead. So there is a bit of a story left there, so I would say stay put," she said.
First Published on Jan 30, 2018 02:42 pm
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