Future Perfect - TVS Motor: Speed breaker ahead
The long-term outlook for TVS Motor Company (584.6) appears bright. The stock finds immediate support at 555 and a crucial one at 530. On the other hand, if TVS Motor sustains the current rally,... Press Release / Media Release
Compliance under Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 TVS Motor to invest Rs 500 cr in FY18
TVS Motor, maker of two-wheelers and three-wheelers, plans to invest Rs 450-500 crore this financial year, mostly on new products. Despite the impact created by demonetisation, the goods and services tax and higher emission norms, TVS says it is confident of a double-digit operating earnings margin.K N Radhakrishnan, chief executive, said till last October (the financial year starts in April), the industry was growing at 12 per cent, while TVS' was 18.6 per cent. After which, industry growth came down to 5.3 per cent, while TVS growth dropped to 11.3 per cent. He expects TVS to increase its market share by 1.5 percentage points this year.He said he expected the industry to come back to the earlier growth trajectory and for TVS growth to be higher. During the first quarter of 2017-18, the industry grew 8.6 per cent, while TVS grew at 12 per cent, he said in an analyst call.S G Murali, the company's finance head, said by the second half of the year, the plan was to launch a new... Margin expansion key trigger for TVS Motor
New launches coupled with improving product mix will rub off positively on volumes and margins Disclosure of Voting results of AGM (Regulation 44(3) of SEBI (LODR) Regulations, 2015)
TVS Motor Company Ltd has informed BSE regarding the details of Voting results of AGM, under Regulation 44(3) of SEBI (LODR) Regulations, 2015. Kindly Click here TVS Motor ready for hybrid, EV ride
Falling battery costs have tilted scales toward hybrids, EVs: CMD Venu Srinivasan Outcome of AGM
Intimation on the Outcome of the Proceedings of Annual General Meeting (AGM), Disclosure of Voting Results and Submission of Annual Report Updates
Disclosure under Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. TVS Motors misses estimates in Q1 results
TVS Motor Company has reported Q1FY18 standalone results for the quarter, which saw an EBITDA miss - nearly 25% lower than analyst estimates. The company's net profit for the quarter came in at Rs. 129 crore, a yoy increase of 6.6%, significantly lower than expected. The firm's standalone revenues were Rs. 3743 crore, n 18.9% yoy increase compared to the same quarter in FY17. Revenue growth was enabled by scooter sales, which rose to 2.58 lakh units from 1.96 lakh units last Q1. EBITDA margin shrunk by 71 bps. The company's share price fell sharply on the results announcement. Outcome of Board Meeting
Unaudited financial results for the quarter ended 30th June 2017 (limited reviewed). .