Prabhudas Lilladher has maintained sell at SoTP based price target of Rs 386.
The 2020 BMW G 310 GS motorcycle, which Tom Cruise was seen riding while shooting for MI7, is sold for around Rs 2.85 lakh in India
Launched in 2005, the TVS Apache series is the fastest-growing premium motorcycle brands in the country, with a strong presence across global markets, the company said in a statement.
Total two-wheeler sales during the month stood at 3,13,332 units as against 3,00,793 units in September 2019, up 4.16 percent.
TVS's total investment in Ultraviolette rises to Rs 41 crore
LTS Investment Fund acquired 25 lakh shares in speciality chemical provider Vikas EcoTech (representing 0.89 percent of its total paid-up equity capital) at Rs 9.13 per share
TVS has gone ahead and raised prices for all of the Apache series bikes. The Apache RTR 160 now starts at Rs 97,000 while the RTR 160 4V gets a price tag of Rs 1.04 lakh.
Motilal Oswal recommended Neutral rating on TVS Motor Company with a target price of Rs 392 in its research report dated July 30, 2020.
SPA Securities recommended reduce rating on TVS Motor Company with a target price of Rs 357 in its research report dated July 30, 2020.
Dolat Capital is bearish on TVS Motor Company has recommended sell rating on the stock with a target price of Rs 355 in its research report dated July 29, 2020.
Bajaj Auto and TVS Motor company have raised prices while Maruti Suzuki has reduced discounts
The company's revenue from operations fell 68 percent year-on-year to Rs 1,431.73 crore against Rs 4,468.62 crore in the corresponding quarter a year ago.
This is the second price increase since the scooter’s launch. The first time around, the company raised prices by just Rs 600. With an increase of Rs 1,040, the hike is almost double the amount this time.
Like we mentioned, the Zest doesn’t get any updates cosmetically and retains its peppy youthful look. The scooter is the last in TVS’ portfolio to get the BS-VI treatment.
Motilal Oswal recommended Neutral rating on TVS Motor Company with a target price of Rs 354 in its research report dated July 16, 2020.
We recommend buying TVS Motor Company around Rs 380 with a stop loss of Rs 350 for higher targets of Rs 448/470 as indicated in above chart.
Free service of vehicles, due between March and April, 2020, which was redeemable till June 2020, is now extended to July 31, 2020, the Chennai-based firm said in a statement.
Indian businessmen are characterised by a myopic vision—it’s both, short-term outlook as well as geographically limited. Of course, the government also does not help.
Here are all the important headlines of the week from the auto space
The TVS XL 100 is powered by a 99.7cc engine producing 4.3 PS of power at 6,000 rpm and 6.5 Nm of peak torque at 3,500 rpm.
Total two-wheeler sales stood at 56,218 units, out of which domestic sales were at 41,067 units last month, TVS Motor Co said in a statement.