Net Sales are expected to increase by 25.2 percent Y-o-Y (up 9.8 percent Q-o-Q) to Rs. 2197.6 crore, according to Edelweiss.
In an interview to CNBC-TV18, Vinod Aggarwal, MD & CEO-VE Commercial Vehicles, Eicher Motors spoke about the numbers and his outlook going ahead.
According to VK Sharma, Head - PCG and Capital Market Strategy at HDFC Securities, one can buy Bajaj Auto, Eicher Motors, Tata Motors, Bharat Petroleum Corporation and Titan Company.
Krishna Kumar Karwa said there could be some time correction that could take place but long-term opportunities do seem to be strong for the market
Edelweiss is bullish on Eicher Motors has recommended buy rating on the stock with a target price of Rs 34,891 in its research report dated September 25, 2017.
VK Sharma, Head - PCG and Capital Market Strategy at HDFC Securities suggests buying Titan Company, Eicher Motors, Biocon, Dr Reddy's Labs and IDFC.
Chandan Taparia of Motilal Oswal Securities recommends buying NMDC, IndusInd Bank and Eicher Motors.
Ashwani Gujral of ashwanigujral.com suggests buying Eicher Motors on every dip.
Ashwani Gujral of ashwanigujral.com is of the view that one can buy Eicher Motors and State Bank of India and sell Tata Motors DVR.
Ashwani Gujral of ashwanigujral.com recommends buying Reliance Industries on every dip.
Eicher is currently finalising and structuring terms with global banks and consulting companies ahead of a bid deadline at the end of the month, the paper said, quoting unnamed sources.
According to a report in The Economic Times, the company is said to be preparing an offer to acquire superbike major Ducati for USD 1.8 billion-2 billion.
Edelweiss is bullish on Eicher Motors has recommended buy rating on the stock with a target price of Rs 34,891 in its research report dated August 31, 2017
The company, a joint venture between Volvo Group and Eicher Motors, had sold 4,191 units in the same month last year, VE Commercial Vehicles (VECV) said in a statement.
The overall growth was despite fall in sales of models with engine capacity exceeding 350cc that fell 30 percent to 4,340 units in month gone by.
Ashwani Gujral of ashwanigujral.com suggests buying CESC, Eicher Motors and VIP Industries and expects JSW Energy to head up to Rs 73.
According to Ashwani Gujral of ashwanigujral.com, one can buy Aurobindo Pharma, Reliance Capital and CESC and sell PC Jeweller.
Spread over 50 acres, the Vallam Vadagal plant will be Royal Enfield’s third manufacturing facility, and will manufacture Royal Enfield motorcycles for India and international markets, Eicher Motors said in a statement.
Mitessh Thakkar of mitesshthakkar.com suggests buying Bharat Financial Inclusion, Eicher Motors and Apollo Hospitals and advises selling Fortis Healthcare and MCX India.
Ashwani Gujral of ashwanigujral.com recommends buying Bharti Infratel, Eicher Motors and Havells India.
Ashwani Gujral of ashwanigujral.com recommends buying HDFC Bank and HDFC.
Edelweiss recommended buy rating on Eicher Motors with a target price of Rs 34,891 in its research report dated August 09, 2017.
Sandeep Wagle of powermywealth.com is of the view that one can buy Bata India, sell Zee Entertainment and hold Eicher Motors.
Shahina Mukadam of Independent Market Expert is of the view that one may hold Eicher Motors.
Sandeep Wagle of powermywealth.com is of the view that one may stay with Eicher Motors.