Saturday, April 11, 2020

Auto Sector Update

A report says Steep fall in sales in FY21 – 18 per cent for two wheelers, 12 per cent for passenger cars and 21 per cent in the case of commercial vehicles. TVS Motor Company Ltd is expected to loose the market share to its peer. It is now Trading at X1.8 of its Valuations (CMP Rs.305.80 ) compair to its  fair value of Rs.174.

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