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🖋️ TVS Motors Q4 Financial Highlights.

Net Sales at Rs 4,104.71 crore in March 2020 down 17.15% from Rs. 4,954.65 crore in March 2019.

Quarterly Net Profit at Rs. 74.05 crore in March 2020 down 46.51% from Rs. 138.43 crore in March 2019.

EBITDA stands at Rs. 546.31 crore in March 2020 up 6.39% from Rs. 513.49 crore in March 2019.

TVS Motor EPS has decreased to Rs. 1.56 in March 2020 from Rs. 2.91 in March 2019.

▶️ Impact- Company has shown a weak quarterly result.

▶️ Technical View

Hurdle around 345, breaks and sustain above 345 will see upside movement till 370 +++ levels in coming days.

Support around 310, breaks below 310 will take it to 280 levels in coming days. #TVSMOTOR