TVS Motor

TVS Motor sales increase 5 per cent in January

TVS Motor sales increase 5 per cent in JanuaryTVS Motor Company has said that its total sales increased by 5 per cent in the month of January 2012 to the level of 173,514 units compared to 165,152 units in January 2011.

The cumulative sales for the period April 2011 to January 2012 increased by 10 per cent to 1,843,554 units compared to 1,678,048 units n the same previous of previous year. The sales increased by 6 per cent to 171,112 units in January 2012 compared to 161,725 units in January 2011.

TVS Motor Registers 45.65% Increase in Net Profit

TVS-MotorAccording to reports, TVS Motor Company experienced an increase of 45.65% in its net profit at Rs 58.80 crore for the 1st quarter, which ended on the 30th of June.

Also, the company is said to have posted a net profit of Rs 40.37 crore in the corresponding period the previous year, and the total income in the first quarter surged by 25.35% to Rs 1,746.03 crore from Rs 1,392.96 crore then.

TVS Motor With Target Of Rs 64

TVS Motor With Target Of Rs 64TVS Motor’s (TVSL) Q4FY11 results were disappointing on all counts - topline, margin and bottomline. Realisations inexplicably dropped 2.6% QoQ to Rs30.6k/unit as against our estimate of Rs32k/unit. Drop in realisations led to a 120bps contraction in margins to 5.6%. An increase in tax rate further added to the woes as the company reported a profit of Rs417mn as against our estimate of Rs600mn.

Hold TVS Motor With Stop Loss Of Rs 58

Technical analyst Hitesh Eidnani of Trend Tech Consultants maintained 'hold' rating on TVS Motor Company Limited stock with a stop loss of Rs 58.

According to analyst, the investors can exit the stock on rally to around Rs 75-80 in the short term.

But investors should hold with a long-term view for good gains, he added.

Today, the stock of the company opened at Rs 62.40 on the Bombay Stock Exchange (BSE).

The share price has seen a 52-week high of Rs 87.45 and a low of Rs 30 on BSE.

Current EPS & P/E ratio stood at 4.41 and 13.74 respectively.

Depending upon sturdy sales growth, TVS Motor Co recorded an over two-fold increase in its PAT for the third quarter ended December 31, 2010.

TVS Motor All Set To Invest Rs 400 Cr On Capacity Expansion

TVS Motor All Set To Invest Rs 400 Cr On Capacity ExpansionIndia's leading two wheeler manufacturer TVS Motor Company is ready to make an investment of around Rs 400 crore by 2012 with the aim to increase its yearly production capacitance by two folds.

After expansion, the company will be able to produce four million units on a yearly basis.

Flame to make a comeback

Flame to make a comebackIn a major announcement, the Chennai-based, TVS Motor Company will bring back the Flame, the 125 cc motorcycle that was at the centre of a patent litigation between the company and Bajaj Auto two years ago.

TVS Motor's Chairman and Managing Director, Mr Venu Srinivasan recently said that the company has been selling small volumes on the Flame in the past months.

However, the CMD of the company also mentioned the fact that TVS Motors is now in the process of switching back to the 'twin spark-plug' version of the motorcycle and the production of the same is set to start soon.

TVS Motor Q1 net profit has gone up

TVS Motor Q1 net profit has gone upIndia's No 3 two-wheeler maker, TVS Motor Co has declared its first quarter financial results for the fiscal year 2010-11. It has informed that the net profit of the company has gone up by an impressive two-fold rise in the quarter under review.

The company has posted a net profit of Rs 403.78 million for the quarter that ended in 30th June, 2010. This net profit figure was Rs 181.2 million for the same quarter in the last fiscal. This has been informed by TVS Corporation in a filing at the Bombay Stock Exchange.

Buy TVS Motor With Stoploss Of Rs 90

Buy TVS Motor With Stoploss Of Rs 90Technical Analyst Ashwani Gujral has maintained 'buy' rating on TVS Motor Ltd stock to achieve an intraday target of Rs 104.

According to Mr. Gujral, the investors can buy the stock with stop loss of Rs 90.

The shares of the company, on May 27, closed at Rs 97.90 on the Bombay Stock Exchange (BSE). The share price has seen a 52-week high of Rs 104.90 and a low of Rs 40.50 on BSE.

Current EPS & P/E ratio stood at 5.25 and 18.99 respectively.

TVS Motor recorded a surge of 28% in its sales for the month of April.

TVS Motor Registers 28% Sales Growth In April

TVS Motor Registers 28% Sales Growth In AprilTVS Motor Co commenced the 2010-11 financial year positively recording 28% sales increase in April.

Two wheeler manufacturer sold 144,689 units during April as compared to 113,119 units during April 2009.

Domestic two wheeler sales saw a jump of 22% to 125,471 units during the last month as against 102,985 units during April 2009.

The company sold 2,483 three wheelers in April, up from 706 sold during the same period of corresponding year.

The company exported 19,218 units as against 10,134 units during the comparable period of 2009.

Intraday Buy Call For TVS Motors

Intraday Buy Call For TVS MotorsStock market analyst Mitesh Thacker is of the view that investors can buy TVS Motors stock to achieve an intraday target between Rs 96-99.

According to him, investors can purchase the stock with a strict stop loss of Rs 83.50.

The stock of the company, on April 20, closed at Rs 86.30 on the Bombay Stock Exchange (BSE). The share price has seen a 52-week high of Rs 89.10 and a low of Rs 24.20 on BSE.

Current EPS & P/E ratio stood at 3.56 and 24.78 respectively.

TVS Motors launches India's first auto-clutch bike

TVS Motors launches India's first auto-clutch bikeChennai, Nov 25 : Two-wheeler maker TVS Motor launched India's first auto-clutch bike "Jive" priced at Rs. 41,000, and an automatic scooter "Wego" here Wednesday.

"With Jive and our other model 'Flame', our target is to have at least 10 percent (of the executive bike market) in nine months. Currently our presence is very minimal in the segment," TVS Motor chairman Venu Srinivasan told reporters after the launch.

Both Jive and Wego are powered by 100 cc engines.

TVS Motor Company Ltd Long Term Buy Call: Abhishek Jain, StocksIdea.com

TVS Motor Company Ltd Long Term Buy Call: Abhishek Jain, StocksIdea.comTVS Motor Company Ltd was incorporated as Indian Motorcycle Pvt. Ltd. on 15th July 1982 and it was converted into a public limited company on 12th January 1984. Mr. N. Krishnan promoted it in collaboration with Suzuki Motor Co. Ltd. Japan. Company entered into a technical know-how and assistance agreement with Suzuki Motor Co. Ltd., of Japan. As per the terms of the Collaboration, Suzuki agreed to furnish complete technical information and know-how, trade secrets and other data.

Supreme Court gives green signal to TVS Motor for manufacturing, selling 'Flame'

TVS Motors Here's breather for TVS Motor Company.

The Supreme Court on Wednesday permitted TVS Motor Company to sell its new motorbike 'Flame'.

A bench comprising Justice Markandey Katju and Justice AK Ganguly said: "The respondent (TVS Motor) shall be entitled to sell its product (Flame 125 cc) but it shall maintain an accurate records/accounts of its all India and export sales."

It should be mentioned that in its petition, Bajaj Auto Ltd seek to pin down TVS Motor Company from marketing its 'Flame' motorbike.

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