Stock of Interest

Posted On: September 11, 2023

Stock Report: TVSMOTOR(NSE) 08 Sep 2023

TVS Motor Co Ltd is an Indian automobile manufacturing company focused on the production of two-wheeled vehicles. The company principally manufactures motorcycles, scooters, mopeds, three-wheelers, and related spare parts and accessories. The company’s operating divisions are Automotive vehicles and parts, Automotive Components, Financial Services, and Others. The company generates a majority of its revenue from the Automotive vehicles and parts division. 

#xCalData predicts that # TVSMOTOR will continue its bullish phase over the next five days and trend within the range of 1460 to 1580. 

In comparison to the previous month, the price of the stock has experienced a increase of 11.19% indicating a bullish.

The Stock has doubled twice since 07 May 2015 and took an average of 3.6 years to double.

The stock has not shown seasonality trend in the past.  

Reviewing the returns for the past 5 years for the same week, we see the stock has given negative returns in 2 years in the past. 

Majority of the technical ratios trend towards Bullish side of the spectrum. Only some of the technical indicators namely ASI indicate Bearish view. 

Collectively, xCalData suggests the stock would be in Bullish zone for next 5 days. 

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