scorecardresearchTVS plans to raise up to ₹5,000 crore to expand EV arm: Report

TVS plans to raise up to 5,000 crore to expand EV arm: Report

Updated: 06 Jun 2022, 11:02 AM IST
TL;DR.
  • Motilal Oswal expects TVS Motor's volume growth may be driven by new products (Raider and Jupiter 125) in the domestic market as well as a ramp-up in exports.
Brokerage firm Motilal Oswal Financial Services has a 'neutral' call on the stock of TVS Motor with a target price of  <span class='webrupee'>₹</span>650.

Brokerage firm Motilal Oswal Financial Services has a 'neutral' call on the stock of TVS Motor with a target price of 650.