TVS Motor shares - Samachar Central

Maruti Suzuki, Tata Motors, Hero Moto, Bajaj Auto, M&M: Auto stocks that analysts prefer ahead of April sales data

2024-05-01 03:44 PM

Passenger vehicle makers are expected to report 10-15 per cent YoY jump in auto sales for April, driven by healthy demand in utility vehicles (UVs). On the other hand, two-wheeler (2W) retails are expected to grow about 20 per cent YoY, aided by the low base of last year and nine days Navratras that were …

TVS Motor’s NCRPS issue explained

2024-03-21 01:28 PM

The board of TVS Motor Company Ltd. approved a bonus issue of shares. However, instead of a normal equity share, the automobile manufacturer will issue Non Convertible Redeemable Preference Shares (NCRPS). Non-Convertible Preference shares are those that are issued to shareholders but cannot be converted to equity shares. These shares are preference shares and hence …