TVS Motor optimistic on FY27 with GDP growth above 6%
after close1 source ↓written by the desknot a recommendation
- to exceed
- 6%
TVS Motor Company expressed a cautiously optimistic outlook for FY27, anticipating India's GDP growth to exceed 6%. The company expects demand for two- and three-wheelers to align with last year's performance, bolstered by resilient consumer sentiment and a healthy vehicle replacement cycle. However, challenges such as higher fuel prices and potential El Niño impacts could affect growth.
Not investment advice. For informational purposes only.