TVS Group becomes gold mine for investors: All its stocks deliver healthy performance, two turn out to be multibaggers!

TVS Group, one of India’s biggest business conglomerates

Thirukkurungudi Vengaram Sundram Iyengar was an Indian industrialist and automobile pioneer. In 1911, he founded TV Sundram Iyengar & Sons, a bus company that later diversified into automobile production and emerged as the parent company of TVS Group, one of India’s biggest business conglomerates. With his humble beginning as a lawyer, he grew into one of the most successful industrialists of his time.  

TVS Group is India’s leading supplier of automotive components and one of the country’s most respected business groups. With a combined turnover of more than over USD 6.5 billion, TVS Group employs a total workforce of close to over 39,000 employees.   

Charting a steady growth path of expansion and diversification, the group currently comprises around 50 companies. These operate in diverse fields that range from two-wheeler and automotive component manufacturing to automotive dealerships, finance & electronics. Uniting these multiple businesses is a common ethos of quality, customer service, and social responsibility.   

Here is the performance of all the listed stocks of TVS Group in the last two and a half years: 

What’s more fascinating is the fact that all its stocks have delivered positive returns. Moreover, two of the stocks have turned into multibagger ">Multi-baggers.   

Sundaram Clayton is the top-performing stock as it witnessed a twofold jump, followed by TVS Electronics, which rose over 100 per cent.   

Do you hold any stock from TVS Group? Let us know in the comments section!