Tvs motor company hold recommendation - Latest News Update, Information, Photos & Videos on Tvs motor company hold recommendation at Lokmat Times

Recommendation by Anand Rathi Share and Stock BrokersThus, we yet believe in its sustainable growth prospects and retain our Buy rating, with a Rs 586 target (14x FY23e P/E, closer to the five-year mean), earlier Rs 485. The rising retail share and leaner balance sheet are keys to a re-rating in the scrip.InterGlobe Aviation AddRecommendation by Centrum BrokingYields showing improvement mid Jan-21 onward with guidance of domestic ASK at 80% of PY levels in Q4FY21 and strong traffic pick-up Feb onward. Maintain Add with PT of Rs1,756.Laurus Labs BuyWith continuity of robust growth across segments, we expect the growth momentum to continue in the medium to long term. Hence, we maintain our Buy rating on the stock with a target price of Rs 424 per share.TVS Motor Company HoldRecommendation by Emkay Global Financial ServicesThe stock trades at a core P/E of 27x/20x on FY22E/23E. We upgrade the rating to Hold with a revised TP to Rs 570 (Rs 398 earlier), based on 22x FY23E P/E (20x earlier) and value of TVS credit services at Rs 29/share. We prefer Hero MotoCorp and Bajaj Auto over TVS Motors, owing to favourable risk-reward.Maruti Suzuki BuyRecommendation by Emkay Global Financial ServicesWe raise FY21-23E EPS by 8-12%, mainly due to higher volume assumptions. Retain Buy with a TP of Rs 9,000 (Rs 8,216 earlier), based on 25x FY23E. The target multiple implies core P/E of 30x and net cash/share of Rs 1,469.Shriram Transport Finance CompanyRecommendation by Emkay Global Financial ServicesWe raise our FY22/23E earnings by 26.2%/23.3%. SHTF remains one of the top picks from our NBFC coverage. We maintain our Buy rating (OW in EAP) on the stock with a revised TP of Rs1,455 (Rs 800 earlier), corresponding to 1.4x P/Adj Book for FY23E.Quess Corp BuyRecommendation by Motilal Oswal Institutional EquitiesWe welcome corrective steps undertaken by the new management to address some investor concerns. The improvement in cash conversion/RoE should drive a rerating. Our TP implies 17x FY23E EPS.Colgate BuyRecommendation by Motilal Oswal Institutional EquitiesInexpensive valuations and the potential benefits of a strong rural presence have led us to maintain our Buy rating on the stock. This is even as we await traction on new products, market share gains, and any announcement related to entry into newer categories which would elevate topline growth above the 2.6% CAGR levels and earnings growth above the 7.9% CAGR levels of the last five years. With a target multiple of 40x FY23E, we arrive at TP of INR 1,810 a 16% upside to CMP.Symphony AddRecommendation by HDFC SecuritiesWe have recently upgraded Symphony to ADD on the expectation of strong domestic recovery in the upcoming season and operational improvement for subsidiaries. We maintain EPS estimates for FY22/FY23. We value Symphony at 35x P/E on Mar-23E EPS and derive a TP of Rs 1,115. Maintain ADD.SBI Life Insurance BuyRecommendation by HDFC SecuritiesWe retain our BUY rating on SBILIFE with an increased TP of Rs 1,170 (Sep-22E EV + 26.3x Sep-22E VNB). The stock is currently trading at FY22/23E P/EV of 2.4/2.1x and P/VNB of 20.1/15.6x. Lower growth, renewals, and protection share are key risks.Disclaimer: Views and recommendations given are those of brokerages and analysts and do not represent those of . Users should check with certified experts before taking any investment decision. has no financial liability whatsoever to any user on account of the use of information provided.( With inputs from IANS )Disclaimer: This post has been auto-published from an agency feed without any modifications to the text and has not been reviewed by an editor

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Tvs Motor Company Hold RecommendationFOLLOW

Tvs motor company hold recommendation, Latest News

Business :TVS Motor Company's June 2023 sales registers growth of 3 per cent; 22 per cent growth in domestic sales

NewsVoir Bengaluru (Karnataka) [India], July 3: TVS Motor Company registered a sales growth of 3% increasing from 308,501 units ... ...

Business :TVS Motor Company strengthens its electrification journey; announces association with Zomato to accelerate last mile green deliveries

NewsVoir Bangalore (Karnataka) [India], June 28: TVS Motor Company, a reputed manufacturer of two-wheelers and three-wheelers globally, today announced ... ...

Business :TVS Motor Company's May 2023 Sales Registers Growth of 9 per cent; 32 per cent Growth in Domestic Sales

NewsVoir Bengaluru (Karnataka) [India], June 2: TVS Motor Company registered a sales growth of 9% increasing from 302,982 units ... ...

Business :TVS Motor Company Strengthens its Electrification Journey; Unveils its Special Initiative for Pricing on the TVS iQube Scooters

NewsVoir Bangalore (Karnataka) [India], June 1: TVS Motor Company, a reputed manufacturer of two-wheelers and three-wheelers globally, continues to ... ...

International :Pick of the week (Jan 31)

Recommendation by Anand Rathi Share and Stock Brokers Thus, we yet believe in its sustainable growth prospects and retain ... ...