Promoters hold around 57% of total shares which is a very promising feature of any good company. Basically into auto sector, it has the market cap of around 13500 crore with reserves of more than 1500 crpre. It is suffering from high PE when compared with the other industry players, though. It has the profit generating efficiency level of around 17 and debt equity ratio within the acceptable limits.
Into two wheelers, with young people with both husband and wife working hand and having affordable money to spend for luxuries and saving on the time, TVS Motor a growing company has vast future to pin hope on for rewards.
One should buy/add this stock at the current level with conviction and add - on each correction.