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Hold Eicher Motors, says Neeraj Dewan

Neeraj Deewan of Quantum Securities is of the view that one can hold Eicher Motors.

November 06, 2015 / 16:32 IST
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Neeraj Deewan of Quantum Securities told CNBC-TV18, "Eicher Motors has given an exponential returns over the last one - one and a half years and now the margin of error is very less. The growth expectation that people have is also very huge. So I would be little skeptical whether they will be able to deliver that kind of growth going ahead also quarter-on-quarter.""However, if someone holding the stock, I will still suggest that you can hold on but incrementally to get a very good return market outperforming returns might be difficult with Eicher Motors after sort of move that we already seen," he said.

first published: Nov 6, 2015 04:29 pm

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