For TVS Motor, operating profit margin and market share gains

Higher sales volumes, better product mix to help stock sustain outperformance of larger peers

The TVS Motor stock has outperformed Bajaj Auto and Hero MotoCorp, both in recent months and over one year. It has gained 17 per cent as against six to seven per cent for Hero MotoCorp and Bajaj Auto over three months on strong sales volumes led by new motorcycles Victor and Apache, even as the industry trend looks weak. Over the year, too, the TVS Motor stock gained 52 per cent versus peers' 19-24 per cent. And if TVS continues to clock better sales volumes than its peers (analysts believe it will) then the stock's outperformance could continue.

TVS motorcycle