In a surprising turn, TVS Motor Company shares took a hit even after robust quarterly earnings showcasing impressive profit and revenue growth. While Nomura sees a golden opportunity with a ‘Buy’ rating and a target price of Rs 3,970, thanks to promising new product launches and increasing export activities, Motilal Oswal echoes this sentiment, emphasizing the company’s solid product pipeline.
Originally published by The Economic Times https://economictimes.indiatimes.com/markets