Research Disclosures & Disclaimers

This website contains disclosures and disclaimers related to
published UBS Global Research products, including those related to
regulation, potential conflicts of interest as well as those provided
by third-party data providers describing limitations on use of their
products.

TVS Motor Company (TVSM.BO)*

UBS Rating and Price Target History Chart

Line chart explaining Price target vs Stock Price is described in below table

EQ Rating & Price Target Table

Date	Stock Price (Rs)	Price Target (Rs)	Rating
2022-04-01	628.85	1000.00	Buy
2022-07-15	872.05	1100.00	Buy
2022-10-17	1075.15	1385.00	Buy
2022-11-04	1113.70	1355.00	Buy
2023-01-06	1024.50	1335.00	Buy
2023-01-24	986.20	1350.00	Buy
2023-05-04	1169.85	1430.00	Buy
2023-07-24	1306.50	1570.00	Buy
2023-10-12	1596.65	1850.00	Buy
2023-10-30	1609.70	1900.00	Buy
2023-11-30	1870.65	2200.00	Buy
2024-04-04	2087.10	-	No Rating
2024-05-09	2062.35	2500.00	Buy
2024-07-25	2449.45	3000.00	Buy
2024-08-22	2705.95	3200.00	Buy
2024-10-23	2565.15	3225.00	Buy
2025-01-15	2250.60	3100.00	Buy
2025-04-29	2702.00	3300.00	Buy

Note : Historical Price Targets have been adjusted to account for any stock splits, rights issues and/or dividends which may have occurred for this security. Not Priced: Stock was not priced on the given date. No Rating: Issuer was not rated by UBS on the given day. No Price Target: For this issuer no Price Target was set by UBS on the given day. Issuers with an EQ Rating & Price Target Table are covered by UBS-IB Equity Research Analysts. Issuers without an EQ Rating & Price Target Table are not single stock covered.

* Issuers marked with an asterisk are covered by UBS-IB Equity Research Analysts. Issuers without an asterisk are not single stock covered.