eicher motors

Eicher Motors jumps 4% after UBS upgrades to buy

UBS said it has raised the target PE multiple to 23x one-year forward, a 25 percent discount to the five-year average.

Eicher Motors Q2 PAT may dip 17.5% YoY to Rs. 452.5 cr: ICICI Direct

Net Sales are expected to decrease by 12.3 percent Y-o-Y (down 11.3 percent Q-o-Q) to Rs. 2,112.7 crore, according to ICICI Direct.

Eicher Motors to introduce 2 new engines under BS-VI; starts consumer trials of new trucks

Eicher will enter BS-VI with five diesel and two CNG engines

Market Headstart: Nifty seen opening higher; Eicher Motors, Mahindra Life top buys

Trends on SGX Nifty indicate a positive opening for the broader index in India, with a 21 points gain or 0.18 percent. Nifty futures were trading around 11,380-level on the Singaporean Exchange.

Eicher Motors gains after mixed Sept sales numbers; exports jump 191% YoY

Motorcycles sales in September fell 17 percent year-on-year to 59,500 units, but exports jumped 191 percent to 4,642 units

60% of Nifty and 70% of Nifty500 stocks record ‘Death Cross’ on daily charts; a major selloff imminent?

The Nifty might have turned negative for 2019, but almost 60% of index constituents are in a bear grip as registered by the 'Death Cross' formation

Eicher Motors falls after Elara retains sell, cut target to Rs 13,000

With demand remaining weak and a subdued festival season in Maharashtra and Kerala, Elara cut FY20-21E EPS by 6-7 percent on volume and margin cuts.

Market Headstart: Nifty seen opening higher; Eicher, Ujjivan top buys

Trends on SGX Nifty indicate a positive opening for the broader index in India, with a 37 points gain or 0.34 percent. Nifty futures were trading around 11,074-level on the Singaporean Exchange.

I fear that a recession may start by the end of 2020: Karvy Stock Broking CEO

When a global recession arrives, the Indian economy would suffer as well, both due to the direct economic impact but more so on account of the indirect linkage via financial markets

Hold Eicher Motors; target of Rs 15875: ICICI Direct

ICICI Direct recommended hold rating on Eicher Motors with a target price of Rs 15875 in its research report dated August 01, 2019.

Eicher Motors posts weak numbers in June quarter, but worth a long-term bet

Buy Eicher Motors; target of Rs 19000: Motilal Oswal

Motilal Oswal is bullish on Eicher Motors has recommended buy rating on the stock with a target price of Rs 19000 in its research report dated July 31, 2019.

Q1 impact: Eicher Motors hits 44-month low as global brokerages cut target

While having an equal-weight rating, Morgan Stanely slashed its target for Eicher Motors by 20 percent to Rs 17,052 per share

Eicher Motors Consolidated June 2019 Net Sales at Rs 2,381.92 crore, down 6.4% Y-o-Y

Eicher Motors Standalone June 2019 Net Sales at Rs 2,352.58 crore, down 7.56% Y-o-Y

Royal Enfield to open several mini stores across rural regions; former army personnel to inaugurate

Through this cost-effective initiative, the Eicher Motors’ controlled company hopes to tap into buyers in the rural corners of the country as demand in the urban centres starts to taper off.

Eicher Motors Q1 profit plunges 22% to Rs 452 cr, subdued volume drags revenue 6%

Eicher Motors said the share of profit of joint venture (VE Commercial Vehicles) stood at Rs 20.85 crore in June quarter 2019, falling sharply compared to Rs 64.29 crore reported in year-ago.

Eicher Motors may show double digit decline in Q1 profit on subdued volume growth

Royal Enfield volumes declined by 19 percent YoY in Q1FY20 due to weak demand and high ownership cost.

D-Street Buzz: Nifty Auto outperforms led by Eicher Motors; Bajaj twins rally 6% each

946 stocks advanced and 776 declined while 382 remained unchanged on the NSE. On the BSE, 1207 stocks advanced, 1200 declined and 155 remained unchanged.

D-Street Buzz: Banks rally led by YES Bank, PNB; Eicher Motors jumps 4%, IOC slips

The top gainers from NSE include YES Bank which spiked 8 percent followed by Bajaj Finance, Bajaj Finserv, Eicher Motors and Indiabulls Housing Finance while the top losers are Vedanta, IOC, Britannia Industries, Bharti Airtel and Tech Mahindra.

Eicher Motors Q1 PAT may dip 15.3% YoY to Rs. 488 cr: Kotak

Net Sales are expected to decrease by 5.4 percent Y-o-Y (down 3.6 percent Q-o-Q) to Rs. 2,410 crore, according to Kotak.

Eicher Motors Q1 PAT may dip 14% YoY to Rs. 495.7 cr: Prabhudas Lilladher

Net Sales are expected to decrease by 8 percent Y-o-Y (down 6.3 percent Q-o-Q) to Rs. 2,342.9 crore, according to Prabhudas Lilladher.

Royal Enfield sales down 22% to 58,339 units in June

Domestic sales stood at 55,082 units in June as compared to 72,588 units in the year-ago month, a decline of 24 per cent, it said.

Eicher Motors rises 2% despite plunge in commercial vehicle sales

Domestic commercial vehicle sales tanked 24.7 percent year-on-year to 4,136 units and exports tumbled 55 percent to 366 units in June

Market Headstart: Nifty likely to open higher; Eicher Motors, Hindustan Zinc top sell ideas

Trends on SGX Nifty indicate a positive opening for the broader index in India, a gain of 57 points or 0.49 percent. Nifty futures were trading around 11,736-level on the Singaporean Exchange.