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TVS Motors: Back on track

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  • TVS Motors: Back on track

    Apache 180cc and MAX 100cc with four stroke engines in the second half of FY11

    Recent spikes in raw material costs could be a concern, but the company has the headroom for better realisations. The share price shot up on bonus issue and dividend announcements, but the price of 19 times FY11 earnings is seen as fair. Visibility in volume off-take and positive news on Indonesian operations can be the next triggers for the stock.

    SOURCE:TVS Motors: Back on track
    In search of NIRVANA!!!!

  • #2
    News approved.
    (Been There Done That) x 3.25

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    • #3
      I am a happy shareholder here too
      Super CommuTOURer� - Talk less, Ride more

      .: FB :.|.: TW :.|*IG*| Ex
      PowerDrift:.

      #Give thy opinion, write em, dont throw em
      #Everyone errs, accept it, defending/cribbing about it only makes it worse
      #Dont defend a manufacturer as if you work for them
      #Write. Think. If relevant hit submit. If not hit yourself
      #Be kind in your choice of words, you never know who would make you gulp em
      � Satyen Poojary

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