TVS Motor Share Price Drops Despite Growing Dominance in Automotive

Amidst ongoing industry recovery, TVS Motor Company has emerged as a leading player in the premium two-wheeler segment, capturing significant market share. Despite this growth, the company’s share price has fallen from its peak by 15%, prompting analysts to maintain a ‘Buy’ rating with a revised target price of 2,250. This decline is attributed to broader market trends, including a slowdown in passenger vehicles and a potential downturn in commercial vehicles, which offsets the positive outlook for two-wheelers.

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