TVS Motors TP raised to Rs 650 on margin performance

TVS Motors TP raised to Rs 650 on margin performance

Scaling new heights. TVS’s margin performance has surprised the Street positively for the fourth consecutive quarter, with EBITDA margins of 10.1% in 4Q FY21 (vs Street expectation of 8.5%). The double-digit milestone was achieved for the first time in more than a decade.
Check the source here –Source, Financial Express.

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