Nirmal Bang: TVS Motor - Strong Operational Q2 Performance, Expensive On Valuation

TVS Motor has reported ebitda of Rs 4.3 billion due to cost cuts and price hikes partially offset by limited BS-VI pass-through.

Nirmal Bang Institutional Research

02 Nov 2020, 01:48 PM IST

TVS Motor Company employees work on the vehicle production line at the PT TVS Motor Company Indonesia Factory in Karawang, near Jakarta, Indonesia. (Photographer: Dimas Ardian/Bloomberg News)

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Nirmal Bang: TVS Motor - Strong Operational Q2 Performance, Expensive On Valuation

TVS Motor has reported ebitda of Rs 4.3 billion due to cost cuts and price hikes partially offset by limited BS-VI pass-through.

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