Eicher Motors Share Price

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Eicher Motors Q3 results: Net profit surges 34% to Rs 996 crore, beats estimates

The automaker’s revenue increased 12.28 per cent to Rs 4,115.6 crore in Q3FY24.
Ideas for profit | Strong growth despite commodity cost inflation; Should you buy this auto stock?

The shares of this automotive giant are trading at a 20 percent discount to fair value, and MC Pro recommends investors accumulate the stock for the long term. The outlook is positive, driven by a pent-up demand preference for premiumisation, sharp momentum in exports, significant growth in the CV segment, and an improvement in fleet utilisation. Watch the video to know which stock this is and if you should invest.

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Eicher Motors Share Price

Eicher Motors Q3 results: Net profit surges 34% to Rs 996 crore, beats estimates

Ideas for profit | Strong growth despite commodity cost inflation; Should you buy this auto stock?