Automakers plan another price hike in April-May to offset rising steel cost

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.

Hold Eicher Motors: target of Rs 3050: ICICI Direct

ICICI Direct recommended hold rating on Eicher Motors with a target price of Rs 3050 in its research report dated February 11, 2021.

Eicher Motors – Time to take the premium ride?

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.

Eicher Motors share price sheds 4% after Q3 results miss estimates

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.

Eicher Motors Consolidated December 2020 Net Sales at Rs 2,828.26 crore, up 19.29% Y-o-Y

Eicher Motors Standalone December 2020 Net Sales at Rs 2,804.12 crore, up 18.64% Y-o-Y

Eicher Motors Q3 profit rises 6.8% to Rs 532.6 crore; misses estimates

Raw material costs in Q3 FY21 increased significantly by 52.6 percent YoY to Rs 1,673 crore.

Eicher Motors Q3 preview: Double-digit growth seen in Revenue, EBITDA driven by Royal Enfield biz

Prabhudas Lilladher expects Eicher to report consolidated revenue growth of around 21 percent YoY.

Eicher Motors Q3 PAT may dip 5.5% YoY to Rs. 471 cr: ICICI Direct

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.

Eicher Motors share price hits 52-week high after Credit Suisse retains outperform call

Our FY22 revenue is 11 percent ahead of consensus and margin is 100 bps higher on high operation leverage, the research firm said.

Eicher Motors share price rises 2% after December Royal Enfield sales jump 37% to 68,995 units

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.

Book Excerpt: How Eicher’s Siddhartha turned around Royal Enfield

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.

Reduce Eicher Motors; target of Rs 2100: HDFC Securities

HDFC Securities recommended reduce rating on Eicher Motors with a target price of Rs 2100 in its research report dated November 13, 2020.

Accumulate Eicher Motors; target of Rs 2598: Prabhudas Lilladher

Prabhudas Lilladher recommended accumulate rating on Eicher Motors with a target price of Rs 2598 in its research report dated November 12, 2020.

Hold Eicher Motors; target of Rs 2600: ICICI Direct

ICICI Direct recommended hold rating on Eicher Motors with a target price of Rs 2600 in its research report dated November 13, 2020.

Buy Eicher Motors; target of Rs 2370: East India Securities

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.

Buy Eicher Motors; target of Rs 236: East India Securities

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.

Eicher Motors Q2 FY21 results: Key highlights from the company's earnings concall

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.

Eicher Motors shares hit new 52-week high despite 40% dip in Q2 profit; CLSA maintains sell

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.

Strong recovery helped Eicher Motors – promising outlook

Eicher Motors' bike and commercial vehicle segments witnessed a sharp improvement sequentially and are, in fact, catching up fast with last year’s numbers

Eicher Motors Q2 net profit down 40% to Rs 343 crore

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.

Two-wheeler sales see a strong jump in October on festive demand

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

Fire breaks out at Royal Enfield's transit stockyard in Jaipur: Eicher Motors

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.

Harley Davidson exits India: How should Eicher’s investors read the same?

Harley exited world’s largest two-wheeler market. What is it that prompted the iconic brand to zoom out of the picture?

VE Commercial Vehicles August sales down 30% at 2,477 units

VECV had sold 3,538 units in the same month last year, Eicher Motors said in a regulatory filing.