TVS Motors: Back on track

rohanblade

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Join Date: May 2010

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#1

TVS Motors: Back on track

07-21-2010, 11:20 PM

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!!!!
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sunilg

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#2

07-22-2010, 11:53 AM

News approved.

(Been There Done That) x 3.25
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satyenpoojary

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#3

07-22-2010, 11:58 AM

I am a happy shareholder here too

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