January 17, 2025
Home » Overweight on TVS Motor Company, target price Rs 2,890: Axis Securities Jobbery Stock Market update
Overweight on TVS Motor Company, target price Rs 2,890:  Axis Securities

Axis Securities maintains an ‘overweight’ rating for TVS Motor Company, projecting a target price of Rs 2,890. The brokerage anticipates a 13% YoY growth in total volumes for FY25, driven by a strong festive season and rural demand recovery. TVS’s expanded international presence and anticipated growth in the African taxi market contribute to the positive outlook.

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