Kotak Institutional Equities Remains Bullish on TVS Motor
Kotak Institutional Equities has retained its ‘Add’ rating on TVS Motor, citing multiple demand and execution levers that are expected to sustain the company’s growth momentum over the medium term. The brokerage has revised its fair value to Rs 3,950, rolling its valuation to March 2028.
The decision to retain the ‘Add’ rating on TVS Motor is driven by a combination of domestic recovery, electric vehicle leadership, network expansion, and strong export momentum. Kotak expects TVS Motor to continue outperforming the broader two-wheeler industry, driven by these factors.
Domestic Recovery: A Key Driver of Growth
The Indian two-wheeler industry has been experiencing a recovery in demand, driven by factors such as increasing rural income, easy financing options, and a preference for personal mobility. TVS Motor is well-positioned to benefit from this recovery, given its strong brand presence and extensive distribution network. To know more about the two wheeler industry in India, click here.
In addition to domestic recovery, TVS Motor is also expected to benefit from the growing demand for electric vehicles. The company has been investing heavily in electric vehicle technology and has launched several electric two-wheeler models in the market. The Indian government’s push for electric vehicles, through initiatives such as the FAME II scheme, is also expected to drive growth in this segment. For more information on electric vehicle industry in India, visit our website.
Electric Vehicle Leadership: A Key Differentiator
TVS Motor has been at the forefront of the electric vehicle revolution in India, with a range of electric two-wheeler models that cater to different customer segments. The company’s electric vehicles are known for their performance, range, and affordability, making them an attractive option for customers who are looking to switch to electric vehicles. To learn more about electric two wheeler models in India, click here.
The Indian government’s decision to cut GST rates on electric vehicles is also expected to drive growth in this segment. The reduced GST rate of 5% is expected to make electric vehicles more affordable for customers, which could lead to an increase in demand. For the latest updates on GST rates on electric vehicles in India, visit our website.
Network Expansion: A Key Growth Driver
TVS Motor has been expanding its distribution network across India, with a focus on rural areas. The company has been opening new dealerships and service centers, which is expected to increase its reach and accessibility to customers. This expansion is also expected to drive growth in sales, as more customers will have access to TVS Motor’s products. To know more about the TVS Motor dealerships in India, click here.
In addition to domestic expansion, TVS Motor is also expected to benefit from its strong export momentum. The company has been exporting its two-wheeler models to several countries, including those in Southeast Asia, Africa, and Latin America. The growing demand for two-wheelers in these markets is expected to drive growth in exports, which could contribute to TVS Motor’s overall revenue. For more information on TVS Motor export markets, visit our website.
Strong Export Momentum: A Key Contributor to Growth
TVS Motor’s strong export momentum is driven by its high-quality products, competitive pricing, and extensive distribution network. The company has been investing in its export business, with a focus on increasing its presence in key markets. This is expected to drive growth in exports, which could contribute to TVS Motor’s overall revenue. To learn more about the Indian two wheeler export industry, click here.
In conclusion, Kotak Institutional Equities’ decision to retain its ‘Add’ rating on TVS Motor is driven by the company’s strong growth momentum, driven by domestic recovery, electric vehicle leadership, network expansion, and strong export momentum. TVS Motor is well-positioned to benefit from these factors, which could drive growth in its revenue and profitability. For the latest updates on TVS Motor stock price target, visit our website.
