TVS Motor Company is getting set to launch its first full-fledged 100cc gearless scooter shortly.
It will be part of a segment where the Honda Activa reigns supreme with monthly sales of over 55,000 units. Hero Honda also has its 100cc Pleasure, which accounts for sales of around 15,000 units.
Scooty is estabilished its own position in the market . It is very difficult to beat scooty by any scooteret . The main advantage of soooty is easy handling. Indian female like scooty other than any other model in the same catagorey. So many moped came to market but still the tvs 50 is the best value for the money. More overthis company is having the one of the best R&D in this country for the two wheeler engine. The verdict of the Bajaj case will push this scrip to a three degit once again.
You are right but the stock does not reflect anything. Poorest stock price due to the conservative Balance sheets past 2 years. Reaching even 75 looks difficult in near term. Hope TVS wakes up...