TVS Srichakra Standalone June 2023 Net Sales at Rs 668.76 crore, down 6.28% Y-o-Y

TVS Srichakra Ltd (referred to as TVS Eurogrip) said it will continue the ‘product-offensive’ strategy covering all categories, including super bike and electric two-wheeler tyre segments, as the leading manufacturer of two-wheeler and off-highway tyres has products ready for 90 per cent (in terms o…

TVS Srichakra to continue product-offensive drive in FY24

TVS Srichakra Ltd. displayed innovations in tyre technology from off-highway to two-wheeler to off-roading tyres at the Latin Tyre & Auto Parts Expo in Panama.

TVS Srichakra unveils new tyre products in Panama

TVS Srichakra Ltd. reported that its standalone net profit for the quarter ended March 31 grew more than threefold over the same quarter last year to ₹22 crore.

TVS Srichakra Q4 standalone net up over threefold to ₹22 crore

TVS Srichakra, an Indian tire manufacturer, witnessed a significant increase in net profit and total income in Q4 and FY23.

TVS Srichakra Q4 net profit rises threefold to ₹21.92 crore

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TVS Srichakra has introduced a range of high-performance adventure touring and superbike tyres, including Roadhound, Duratrail, and Terrabite. Designed in Europe and built to suit Indian road conditions, these tyres offer excellent grip, handling, and mileage for various on-road and off-road applica…

TVS Srichakra launches new adventure touring tyres and superbike tyres

“Launching a range of adventure touring and superbike tyres is a big milestone for us, further augmenting our product range, which is already the widest in the category,” company executive vice president - sales and marketing P Madhavan said in a company statement.

TVS Srichakra unveils TVS Eurogrip tyres for adventure touring, superbike segments

On BSE, 93 stocks hit their 52-week high-level today, while 28 recorded their one-year lows. The overall market breadth stood weak as 2,068 shares were seen declining while 1,321 were advancing.

Apollo Tyres, Anand Rathi Wealth, TVS Srichakra & 90 other BSE stocks hit 52-week high

TVS Srichakra’s revenue from operations grew 20 per cent at ₹805 crore

TVS Srichakra posts 44% rise in Q2 profit

During the quarter under review, revenue from operations grew by 20% to ₹805 crore, while input costs rose to ₹507 crore from ₹411 crore

TVS Srichakra standalone Q2 net up 44% to ₹36 cr.

Hasn't fared well - amongst the low performers

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Seems to be overvalued vs the market average

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Lagging behind the market in financials growth

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Showing good signs of profitability & efficiency

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The stock is overpriced but is not in the overbought zone

Current price is more than the intrinsic value

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Good time to consider, stock is not in the overbought zone

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TVS Srichakra Limited is a holding company engaged in the manufacture of tires and tubes, including road use tires/tubes; off the road tires used in implements/forklifts/industrial tractors, and other machinery, non-highway service tires.