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Feb 15, 2021 04:18 PM IST The planned move, though being described as essential by manufacturers, is expected to pose a fresh challenge to the automobile sector which is still recuperating from the COVID-19 jolt.
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Feb 15, 2021 03:51 PM IST ICICI Direct recommended hold rating on Eicher Motors with a target price of Rs 3050 in its research report dated February 11, 2021.
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Feb 11, 2021 12:29 PM IST The company’s bike and commercial vehicle segments saw a sharp improvement over last year’s numbers. The result allays fear about disruption in premium consumption due to the pandemic.
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Feb 11, 2021 11:12 AM IST CLSA has maintained 'sell' call on the stock. with the target at Rs 2,450 per share. It is of the view that valuation is at premium—(51-62 percent over Hero MotoCorp and Bajaj Auto—which is unsustainable.
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Feb 10, 2021 03:14 PM IST Raw material costs in Q3 FY21 increased significantly by 52.6 percent YoY to Rs 1,673 crore.
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Feb 10, 2021 07:32 AM IST Prabhudas Lilladher expects Eicher to report consolidated revenue growth of around 21 percent YoY.
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Jan 12, 2021 10:31 PM IST Net Sales are expected to increase by 19.3 percent Y-o-Y (up 32.5 percent Q-o-Q) to Rs. 2,828 crore, according to ICICI Direct.
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Jan 12, 2021 11:04 AM IST Our FY22 revenue is 11 percent ahead of consensus and margin is 100 bps higher on high operation leverage, the research firm said.
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Jan 04, 2021 11:42 AM IST Total Royal Enfield sales jumped 37 percent to 68,995 units in December 2020 as against 50,416 units in December 2019. Sequentially, total motorcycles sales rose 8.17 percent in December 2020 from 63,782 units sold in November 2020.
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Dec 01, 2020 12:36 PM IST In his book, ‘Indian Icon: A Cult Called Royal Enfield’, Amrit Raj traces the history of the motorcycle brand and how it developed a mass following in the past decade.
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Nov 19, 2020 12:52 PM IST HDFC Securities recommended reduce rating on Eicher Motors with a target price of Rs 2100 in its research report dated November 13, 2020.
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Nov 18, 2020 01:57 PM IST Prabhudas Lilladher recommended accumulate rating on Eicher Motors with a target price of Rs 2598 in its research report dated November 12, 2020.
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Nov 17, 2020 12:46 PM IST ICICI Direct recommended hold rating on Eicher Motors with a target price of Rs 2600 in its research report dated November 13, 2020.
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Nov 15, 2020 01:20 PM IST East India Securities is bullish on Eicher Motors has recommended buy rating on the stock with a target price of Rs 2370 in its research report dated November 13, 2020.
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Nov 15, 2020 01:10 PM IST East India Securities is bullish on Eicher Motors has recommended buy rating on the stock with a target price of Rs 236 in its research report dated November 13, 2020.
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Nov 13, 2020 01:36 PM IST The company is also positive on revival in the replacement demand that had been muted for last two years. Hence, overall outlook for the CV industry is positive H2 FY21, it said.
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Nov 13, 2020 10:13 AM IST CLSA is of the view that volume and profitability have underperformed mass-market peers and feels that valuation premium (75-90 percent over Hero Moto and Bajaj Auto) is unsustainable.
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Nov 13, 2020 09:40 AM IST Eicher Motors' bike and commercial vehicle segments witnessed a sharp improvement sequentially and are, in fact, catching up fast with last year’s numbers
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Nov 12, 2020 08:42 PM IST During the second quarter, the company's two-wheeler arm Royal Enfield sold 1,49,120 motorcycles, a decline of 9 percent from 1,63,390 motorcycles sold during the same period in FY 2019-20, it said.
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Nov 02, 2020 05:52 PM IST Barring Eicher Motors-controlled Royal Enfield, India’s top five two-wheeler makers – Hero MotoCorp, Honda, Bajaj Auto, TVS Motor, Suzuki and Yamaha – reported an increase in domestic sales in October
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Oct 21, 2020 04:59 PM IST At around 12:30 pm on Wednesday, a fire incident occurred at Royal Enfield's transit stockyard facility at Kukas, Jaipur, Eicher Motors said in a statement.
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Sep 28, 2020 09:34 AM IST Harley exited world’s largest two-wheeler market. What is it that prompted the iconic brand to zoom out of the picture?
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Sep 01, 2020 03:00 PM IST VECV had sold 3,538 units in the same month last year, Eicher Motors said in a regulatory filing.