TVS Motor share price: Buy TVS Motor Company, target price Rs 950: Emkay Global
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Emkay Global has buy call on with a target price of Rs 950. The current market price of TVS Motor Company is Rs 840.35. Time period given by analyst is one year when . price can reach defined target.
TVS Motor Company Ltd., incorporated in the year 1992, is a Large Cap company (having a market cap of Rs 40061.72 Crore) operating in Auto sector.
TVS Motor Company Ltd. key Products/Revenue Segments include Automobile – 2 & 3 Wheelers, Other Operating Revenue, Sale of services for the year ending 31-Mar-2022.
Financials
For the quarter ended 31-03-2022, the company reported a Consolidated Total Income of Rs 6598.75 Crore, down -.11 % from last quarter Total Income of Rs 6606.22 Crore and up 7.46 % from last year same quarter Total Income of Rs 6140.54 Crore. Company reported net profit after tax of Rs 279.29 Crore in latest quarter.
Promoter/FII Holdings
Promoters held 50.81 per cent stake in the company as of 31-Mar-2022, while FIIs owned 11.97 per cent, DIIs 28.51 per cent.
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