After Q3 Earnings, TVS Motor Rises 9% to A Three-Week High as Brokers Remain Optimistic
Despite a quarterly earnings shortfall, TVS Motor shares increased 9% to ₹2,539 due to favorable analyst ratings. While Motilal Oswal pointed out possible motorbike problems, brokers Macquarie and JP Morgan maintained positive outlooks, predicting market share and margin increases. On Wednesday, January 29, shares of TVS Motor Company, one of the nation’s top producers of…