TVS Motor share price: Brokerages see 28% upside, but can PLI scheme’s end slow EV growth?
Executive Brief • Key Highlights
Fast factual intelligence distilled for busy investors, executives, and answer bots:
- ✓TVS Motor share price could see a 28% upside as brokerages maintain ‘Buy’ ratings.
- ✓The company posted its highest ever revenue growth in Q2FY27, up 44% to Rs 17,103 crore.
- ✓Strong demand in India and export markets helped profit jump 52% to Rs 1,377 crore, despite rising commodity costs.
Story at a Glance
- Category
- MARKET
- Reported By
- Financial Express
- Reading Speed
- 4 Minute(s)
- Market Focus
- India Economy
Global investment bank Jefferies, Japanese brokerage Nomura, and domestic brokerage Motilal Oswal maintained their ‘Buy’ ratings on the stock, projecting up to 28% upside.
TVS Motor Q2 earnings
TVS Motor posted its highest ever revenue growth in Q2FY27, up 44% to Rs 17,103 crore from Rs 11,905 crore revenue growth recorded in the same quarter last fiscal. The company’s profit after tax jumped 52% to Rs 1,377 crore in Q2FY27 from Rs 904 crore in Q2FY26.
The company reported its highest-ever quarterly earnings before interest, tax, depreciation and amortisation (EBITDA) at Rs 2,219 crore, marking a 47% increase from Rs 1,507 crore in the year-ago period.
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Financial Express
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