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The company reported a 6 percent increase in consolidated profit after tax at Rs 548.76 crore in the second quarter ended September 30.
Brokerages also expect good profits from associates to boost its financials.
Net Sales are expected to increase by 10.3 percent Y-o-Y (down 6.2 percent Q-o-Q) to Rs. 2,390.6 crore, according to Prabhudas Lilladher.
Net Sales are expected to increase by 25.4 percent Y-o-Y (down 0.7 percent Q-o-Q) to Rs. 2,509.2 crore, according to Kotak.
The business provides limited upside at the current levels. Hence, we advise investors to wait for any weakness in stock prices to accumulate.
Analysts expect VECV realisations at Rs 15.73 lakh per unit against Rs 15.99 lakh unit in year-ago.
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.
Riding on the strength of Royal Enfield, Eicher Motors has yet again posted a healthy set of numbers for the quarter ended June 2017. But after the dream performance and an equally impressive run for the stock, should you be chasing it now?
The total income could rise 15 percent at Rs 2,012 crore against Rs 1,754 crore posted during the same quarter in the last year.
Net Sales are expected to increase by 4.6 percent Q-o-Q (up 27 percent Y-o-Y) to Rs 1975.2 crore, according to Edelweiss. Eicher Motors to report net profit at 543.7 crore up 44.5% year-on-year.
Brokerage houses largely bet on volume growth for Royal Enfield after it commences its third plant in August along with gain in market share into new cities as well.
Royal Enfield maker could post an increase of 25 percent in revenues at Rs 1,925.4 crore against Rs 1,532.2 crore
Commercial vehicle makers bore the brunt of the Supreme Court ban on sale of Bharat Stage-III vehicles from April 1 even as car companies went relatively unscathed.
Net Sales are expected to increase by 3.5 percent Q-o-Q (up 22.8 percent Y-o-Y) to Rs 1897.7 crore, according to ICICI Securities. Eicher Motors to report net profit at 440 crore up 6% quarter-on-quarter.
Royal Enfield maker Eicher Motors' third quarter profit on consolidated basis may grow 4 percent sequentially to Rs 430 crore on operational income.
Net Sales are expected to increase by 5.1 percent Q-o-Q (down 44.4 percent Y-o-Y) to Rs 1844 crore, according to Motilal Oswal.
Eicher Motors' second quarter standalone profit is seen rising 26.7 percent sequentially to Rs 427 crore and revenue may grow 13.85 percent to Rs 1,772.9 crore, according to average of estimates of analysts polled by CNBC-TV18.
Net Sales are expected to increase by 13.8 percent Q-o-Q (down 43.3 percent Y-o-Y) to Rs 1769.7 crore, according to Kotak Securities.
With retaining buy rating and raising target price to Rs 25,000 from 22,000 on the stock, Citi increased its Royal Enfield earnings estimates by 7-15 percent over FY17-19 driven by expectations of a strong uptick in margins as volumes increase further.
Net realisation for Royal Enfield may increase 1 percent QoQ and 2.3 percent YoY due to rising share of exports.
Sales are expected to increase by 6.7 percent Q-o-Q (up 37.8 percent Y-o-Y) to Rs 4018.3 crore, according to Motilal Oswal
During the period, EBITDA is seen growing 77 percent at Rs 649 crore versus Rs 366 crore while operating profit margin may jump at 16.3 percent verus 14.2 percent on annual basis.
Emkay expects Eicher Motor, HPCL, BPCL, Bajaj Auto, Eclerx and IOC to report a positive set of earnings on the back of the recent fall in oil commodity prices.
Revenue is likely to jump 43 percent to Rs 3,287 crore in quarter ended December 2015 compared to Rs 2,293.8 crore in year-ago period. Operating profit may zoom 68 percent year-on-year to Rs 510.8 crore and margin may expand 230 basis points to 15.5 percent in Q4.