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BOM:532343

5 stories mentioning BOM:532343Updated just now

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Asia

CARE Upgrades Rating on TVS Motor's Long-Term Bank Financing to AAA; Outlook Stable

CARE Ratings upgraded its rating on TVS Motor's (NSE:TVSMOTOR, BOM:532343) long-term bank facilities and non-convertible debentures to AAA from AA+.The rating agency affirmed A1+ rating on the automobile manufacturer's short-term bank financing and commercial paper, according to a Thursday filing with the Indian exchanges.The rating outlook is stable.Shares of the company jumped 4% in morning trade on Friday.

BOM:532343NSE:TVSMOTOR
Asia

TVS Motor's Sales Jump 31% in May

TVS Motor (NSE:TVSMOTOR, BOM:532343) total sales jumped 31% to 566,585 units in May from 431,275 units a year ago, according to a Monday filing with the Indian stock exchanges.Two-wheeler sales also soared 31% year-on-year to 543,111 units, while three-wheeler sales jumped 55% to 23,474 units.Electric vehicle sales increased 56% to 43,632 units.

BOM:532343NSE:TVSMOTOR
Asia

Nomura Adjusts TVS Motor's Price Target to INR4,105 From INR4,159, Keeps at Buy

TVS Motor (NSE:TVSMOTOR, BOM:532343) has an average rating of overweight and mean price target of 3,970.49 Indian rupees, according to analysts polled by FactSet.(covers equity, commodity and economic research from major banks and research firms in North America, Asia and Europe. Research providers may contact us here: https://www..com/contact-us)

BOM:532343NSE:TVSMOTOR
Asia

TVS Motor's Consolidated Profit Climbs in Fiscal Q4

TVS Motor's (NSE:TVSMOTOR, BOM:532343) consolidated attributable profit rose to 7.72 billion Indian rupees in the fiscal fourth quarter ended March 31 from 6.48 billion rupees a year ago.Earnings per share climbed to 16.24 rupees from 13.64 rupees a year earlier, the automobile manufacturer said in a filing to the Indian stock exchanges on Wednesday.Revenue from operations in fiscal Q4 increased to 150.5 billion rupees from 115.4 billion rupees.The company's shares were down over 1% in recent trade.

BOM:532343NSE:TVSMOTOR
Asia

TVS Motor's Sales Rise 7% in April

TVS Motor's (NSE:TVSMOTOR, BOM:532343) total sales rose 7% to 473,970 units in April from 443,716 units a year ago, according to a Saturday filing with the Indian stock exchanges.Two-wheeler sales grew 6% year-on-year to 455,333 units, while three-wheeler sales increased 37% to 18,637 units. Electric vehicle sales were up by 36% to 37,771 units.Total exports climbed 3% to 120,008 units from 116,700 units a year ago.

BOM:532343NSE:TVSMOTOR

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