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Hold TVS Motor, target of Rs 25: Reliance Money

Posted on: April 8th 2009 in Brokerage Recommendations.

Reliance Money has recommended a hold rating on TVS Motor with a target price of Rs 25 in its April 8, 2009 research report. “We estimate TVS to report EPS of Rs 3.1 in FY10E on the back of improved margins and improved sales volumes. …

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Sell TVS Motor, target of Rs 16: PINC Research

Posted on: April 7th 2009 in Brokerage Recommendations.

PINC Research has maintained its sell rating on TVS Motor Company with a target price of Rs 16 in its April 02, 2009 research report. “TVS Motor Company sales volumes for the month were better than our expectations due to strong performance by scooty and mopeds segment. …

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