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TVS Motors share price: UBS initiates 'buy' on auto major; sets target of Rs 1000

Updated : January 21, 2022 10:39:33 IST

UBS has initiated a 'buy' on TVS Motors with a target price of Rs 1,000. The firm believes that TVS Motors offers strong fundamentals and the company is well positioned in the electric vehicle (EV) space. According to UBS, if TVS is able to on-board a financial investor for EV vertical, it can mean a big potential upside for the stock.

Watch the accompanying video of CNBC-TV18’s Nimesh Shah for more details.

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