Neutral on TVS Motor Company, target price Rs 2,610: Motilal Oswal Financial Services

Motilal Oswal Financial Services maintains a neutral stance on TVS Motor Company, setting a target price of Rs 2,610. The company reported a consolidated total income of Rs 11,333.99 crore for the quarter ended 30-09-2024. Despite recent product launches, TVS Motor's performance, particularly in motorcycles, lags behind the industry. Export outlook remains weak.