Hi in this article we are going analyze TVS Motors’ share price prediction based on a detailed analysis of its technicals as well as fundamentals. the details are given below.
TVS Motor Company ltd is one of the largest 2-wheeler manufacturing companies in India. The company also engaged in the export of 2-wheeler throughout the world. The main key element of the growth of the company is extensive research and development which makes it the leading company in terms of innovation.
The company manufactures environment-friendly products and stylish models which attract youth.
Manufacturing plants
The manufacturing plants located in India are Hosur in Tamil Nadu, Mysore in Karnataka, and Nalagarh in Himachal Pradesh. The company also has an oversea manufacturing unit in Indonesia at Karawang.
The company’s business areas
- Accessories and spear parts.
- TVS motors products:
- Scooters: Scooty Pep, Jupiter, Zest, Ntorq.
- Motorcycles: Apache RR310, Apache RTR Series, Radeon, Star City, TVS Sport.
- Mopeds: TVS XL100
- Three Wheelers: TVS King
- Electric: TVS King.
Basic Details of the Company
| NAME | TVS Motor Company Ltd |
| Chairman | Venu Srinivasan |
| Symbol | TVSMOTOR |
| Incorporated | 1978 |
| Founder | T.V. Sundaram Iyengar |
| Headquarters | Chennai, Tamil Nadu |
| Listed | BSE/NSE |
| Website | https://www.tvsmotor.com/ |
TVS Motors has annual sales of three Million units and Four Million units of production capacity. The company is the second-largest two-wheeler exporter in India with exports to more than 60 countries.
TVS Motors Fundamentals
| Market Cap: | 49,278.41Cr |
| P/E: | 36.36% |
| SECTOR P/E | 34.36% |
| P/B: | 8.92 |
| ROE: | 24.54 |
| Dividend Yield: | 0.57% |
| Book Value: | 123.66 |
| Cash: | 401.29 Cr |
| Sales growth: | 24.12% |
| Profit Growth: | 46% |
Fundamental analysis of TVS Motors
TVS Motors sales are increasing yearly, the company reported outstanding sales growth of 24.12% and its inventory turnover ratio is 18.28 times which indicates the company has a good sales record.
The profit growth of the company is 46% over the year. Increasing demand for two-wheeler will lead to an increase in profits in the coming year.
The ROE of the company is 19.87% which is good for its investor.
The debt-to-equity ratio of TVS Motors is low at 0.33.
TVS Motors pays a Dividend to its investor of 3.75 Rs. Per share. Some part of the profit is paid as dividends to its shareholders to maintain healthy relations with its shareholders.
Working capital requirements have reduced from 28.4 days to 17.2 days which makes the company has more funds in it.
The Company showing good signs of profitability and efficiency.
The company has not pledged its stake and has no red flags.
TVS Motors Share Holding Pattern
Technical analysis of TVS Motors
Today (1 Feb 2023) TVS Motors is trading at 1040. The stock makes higher highs and higher lows. The stock is following a zig-zag pattern. 1176 is its all-time high. The major support for the long term is 786 and miner resistance is at its all-time high. The stock is now in a range between 960 to 1040. If the stock breaks 1040 big movement can be possible.
TVS Motors Share Price Target/Prediction/Forecast
| Year | Minimum Price | Maximum Price |
| 2023 | 1018 | 1153 |
| 2024 | 1125 | 1278 |
| 2025 | 1247 | 1436 |
| 2030 | 1538 | 1828 |
| 2035 | 2135 | 3043 |
| 2040 | 4116 | 6062 |
| 2045 | 7381 | 9531 |
| 2050 | 11541 | 14449 |
TVS Motors Share price target 2023
The share price of TVS Motors in 2023 will be a minimum of 1018 and the maximum will be 1153.
The target of TVS Motors will be 1148.
TVS Motors Share price target 2024
TVS Motors’ share price target for 2024 will be a minimum of 1125 and a maximum of 1278.
The target of TVS Motors will be 1265.
TVS Motors Share price target 2025
TVS Motors’ share price target for 2025 will be a minimum of 1247 and a maximum of 1436.
The target of TVS Motors will be 1420.
TVS Motors Share price target 2030
TVS Motors’ share price target for 2030 will be a minimum of 1538 and a maximum of 1828.
The target of TVS Motors will be 1800.
TVS Motors Share price target 2035
TVS Motors’ share price target for 2035 will be a minimum of 2135 and a maximum 3043.
The target of TVS Motors will be 3022.
TVS Motors Share price target 2040
TVS Motors’ share price target for 2040 will be a minimum of 4116 and a maximum of 6062.
The target of TVS Motors will be 6048.
TVS Motors Share price target 2045
TVS Motors’ share price target for 2045 will be a minimum of 7381 and a maximum of 9531.
The target of TVS Motors will be 9535.
TVS Motors Share price target 2050
TVS Motors’ share price target for 2050 will be a minimum of 11541 and a maximum of 14449.
Conclusion:
TVS Motors has strong fundamentals and techniques to consider for long-term investment. The profit of the company increasing yearly, and sales growth is also good. The company pays dividends to its investor. They have not pledged any of its stacks of no interest burden for the company. Taking into all consideration this company is good for long term investment. So before investment think and check all parameters of the company. For more details, you can comment below or mail us.