Buy TVS Motor: Shahina Mukadam

Oct 25, 2013, 03.24 PM IST

Shahina Mukadam of Fairwealth Securities advises buying TVS Motor Company with medium to long term view.

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Shahina Mukadam of Fairwealth Securities advises buying TVS Motor Company with medium to long term view.

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Buy TVS Motor: Shahina Mukadam

Shahina Mukadam of Fairwealth Securities advises buying TVS Motor Company with medium to long term view.

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Shahina Mukadam of Fairwealth Securities told CNBC-TV18, " TVS Motor 's numbers were good. They have shown good growth. In terms of volumes also it is better than what I had expected and I do think that given the price increase that they have again taken they would be able to further improve their margins. So, I would really get into that stock for a medium to longer term."

At 15:22 hrs TVS Motor Company was quoting at Rs 50.85, up Rs 1.10, or 2.21 percent.

The share touched its 52-week high Rs 52.50 and 52-week low Rs 28.10 on 23 October, 2013 and 31 July, 2013, respectively.

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