TVS Motor gains from GST cut, but near-term swings likely: Analyst
TVS Motor is set to benefit from the GST cut on two-wheelers, boosting demand in rural and semi-urban markets. Analyst Deepak Pal said cheaper bikes and scooters should aid sales recovery across categories, though raw material costs remain a risk. The stock broke past ₹3,500 with strong momentum, but RSI at 86 signals it's overheated, making near-term profit-taking likely.