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TVS investments in Norton spark analyst concerns
Mint Kolkata
|April 30, 2025
At least two brokerage firms have said Norton investments are weighing on performance of TVS overall
TVS Motor Co. Ltd's investments into its loss-making United Kingdom-based subsidiary Norton continues to concern analysts who expect that the company is still far away from generating meaningful revenue.
India's third-largest two-wheeler seller's management highlighted during the post-Q4 results earnings call on Monday that the company will focus on developing new product range for Norton, which is expected to hit the markets by the end of the current fiscal year.
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