Current rate of TVS is 55 - 56 which is reasonable price to get in when you see the 52 week high it reached and the brand value.
Good for mid term atleat 2- 3 years range. Post this range you can check its record to stay invested or to exit.
Good Luck.
HS Goindi, president marketing of TVS Motors told CNBC-TV18 that he expects the auto industry to grow at a rate of 15-18% in 2011-12, despite inflationary pressures settling in.
ReplyDeleteTVS Motor Co, one of India`s leading two-wheeler maker, said on Tuesday its total sales in February rose nearly a quarter to 177,412 units compared with a year ago and two-wheeler sales grew more than a fifth.
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