India's TVS Holdings set for best day in nearly 6 mths on higher Q3 profit

TVS Holdings

29/01/2025 08:24

** Shares of TVS Holdings  TVSH.NS  rise 7.1% to 9,558.9
rupees, eyes best one-day pct gain since July 1, 2024
    ** TVSH on track to snap four-day losing streak
    ** The auto, truck and motorcycle parts maker says Q3 consol
net profit surged 72% to 3.86 bln rupees ($44.6 mln); rev from
ops up 11% Y/Y
    ** Results aided by strong demand from core automotive
vehicles and parts segment, which saw a 13% rev growth
    ** Stock gained 37% in 2024



($1 = 86.5175 Indian rupees)

 (Reporting by Ashna Teresa Britto in Bengaluru)
 ((AshnaTeresa.Britto@thomsonreuters.com ; ( +91 8078332441))