Buy TVS Motor; target of Rs 2800: Emkay Global Financial
Wed, Jan 22, 2025 12:33 PM

Buy TVS Motor; target of Rs 2800: Emkay Global Financial

A Flip by Swapnil Tiwari
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TVS Motor's MD, Sudarshan Venu, expects 2W industry demand to recover strongly in CY25/FY26, with double-digit growth in FY25, driven by product actions and exports recovery in key markets like Africa. TVSL aims to outperform, with a focus on premium motorcycles, scooters, and electric vehicles, and is expected to benefit from declining battery prices.

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