On two-wheeler stocks and TVS & Eicher in particular
TVS Motors came out with a spectacular set of numbers and apart from the top line and bottom line, qualitatively the business has improved on two counts. One, the premiumisation strategy is working out very well for them and the real surprise was exports. The company saw 74% quarter on quarter growth and a large chunk came from exports. That means the business has got derisked and the way they manage the margin so far is far better than what Maruti had done. I am very positive on TVS Motors and that could be the outperforming auto stock in the next two-three quarters or so.
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TVS Motor ropes in Public Motors as distribution partner in UAE
TVS Motor Company
. Updated: 15 Feb 2021, 06:19 PM IST PTI
As part of this association, a 2,000 sq ft marquee showroom was inaugurated along the Sheikh Zayed Road in Dubai, the TVS said in a statement
TVS Motor Company will launch the new 2021 Apache RR 310 in the super-premium segment
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TVS Motor Company on Monday said it has inked a new distribution partnership with Public Motors, a part of Ghaf Investments LLC, in the United Arab Emirates (UAE).
As part of this association, a 2,000 sq ft marquee showroom was inaugurated along the Sheikh Zayed Road in Dubai, the company said in a statement.
Results today: Dr. Reddy s, Tata Motors Ltd, Sun Pharma, Cipla Ltd, Indian Oil Corp Ltd, UPL Ltd, Tech Mahindra, IndusInd Bank Ltd, Atul Ltd, Heritage Foods and Dabur India.