TVSMOTOR

gets target price hike, Goldman Sachs upgrades stock to 'Buy' from Neutral - Check target and key details

TVS Motor Company Ltd. received a target price hike and ratings upgrade from Goldman Sachs as the brokerage upgraded the stock to 'Buy' from 'Neutral' and raised its target price to Rs 4,100 from Rs 3,830, implying an upside of about 21 per cent from current levels. The brokerage flagged the company as a top‑quartile volume growth beneficiary within its auto coverage universe, citing stronger visibility from premium launches, improved resilience to raw‑material inflation, and margin tailwinds from the PLI scheme over the medium term. Goldman Sachs On TVS Motor