eicher motors

Hold Eicher Motors; target of Rs 21250: ICICI Direct

ICICI Direct recommended hold rating on Eicher Motors with a target price of Rs 21250 in its research report dated February 12, 2019.

Buy Eicher Motors; target of Rs 23,960: Motilal Oswal

Motilal Oswal is bullish on Eicher Motors has recommended buy rating on the stock with a target price of Rs 23,960 in its research report dated February 11, 2019.

D-Street Buzz: Nifty Auto in red dragged by Eicher Motors, Bosch; Sun Pharma most active

The breadth of the market favoured the declines with 782 stocks advancing and 904 declining while 379 remained unchanged. On the BSE, 1053 stocks advanced, 1371 declined and 125 remained unchanged.

Ideas for Profit | Subdued demand pulls down Eicher Motors' Q3 numbers

Eicher Motors Q3 earnings in line; Jefferies, Motilal Oswal cut estimates

Jefferies maintained its buy rating on Eicher Motors and slashed its target price to Rs 23,100 from Rs 27,100 earlier. The global investment bank also slashed its revenue estimates over FY19-21 by 2-6 percent.

First Cut | Weak demand mars Eicher Motors Q3 numbers

In terms of Royal Enfield's quarterly performance, it registered volume decline of 5.9 percent on a YoY basis.

Eicher Motors Consolidated December 2018 Net Sales at Rs 2,341.06 crore, up 3.18% Y-o-Y

Eicher Motors Standalone December 2018 Net Sales at Rs 2,345.92 crore, up 3.61% Y-o-Y

Eicher Motors Q3 profit rises 2.4% to Rs 533 cr, margin below 30% for first time in last 11 quarters

At operating level, consolidated EBITDA (earnings before interest, tax, depreciation and amortisation) declined for the first time in last eight years and margin fell below 30 percent for the first time since March quarter 2016.

Market Headstart: Nifty likely to open flat; 3 stocks which could give 6-7% return

Trends on SGX Nifty indicate a negative opening for the broader index in India, a fall of 19 points or 0.17 percent. Nifty futures were trading around 11,086-level on the Singaporean Exchange.

Sell Eicher Motors, target Rs 18,400: Vinay Rajani

We recommend selling the stock between CMP and Rs 20500 for the target of Rs 18400, and keep a stop loss at Rs 21000 on a closing basis.

Eicher Motors Q3 PAT seen up 8.3% YoY to Rs. 574.9 cr: Motilal Oswal

Net Sales are expected to increase by 10.3 percent Y-o-Y (up 3.9 percent Q-o-Q) to Rs. 2,502.9 crore, according to Motilal Oswal.

Eicher Motors falls after CLSA downgrades, cuts price target by 26%

CLSA said it has retained faith in franchise but recent volume trends are concerning. Royal Enfield has witnessed a sharp deceleration in its volume growth trajectory.

D-Street Buzz: JSPL slides 7% as Nifty Metal underperforms; M&M, Tech Mahindra down 3% each

The breadth of the market favoured the declines with 577 stocks advancing and 1093 declining while 390 remained unchanged. On the BSE, 904 stocks advanced, 1529 declined and 164 remained unchanged.

D-Street Buzz: Nifty Metal underperforms dragged by JSPL, Hindalco; Eicher Motors falls 5%

The breadth of the market favoured the declines with 639 stocks advancing and 857 declining while 549 remained unchanged. On the BSE, 723 stocks advanced, 815 declined and 86 remained unchanged.

Buy Eicher Motors, target Rs 25,200: Rupak De

Traders can accumulate the stock in the range of Rs 23900–24000 for the target of Rs 25200 and a stop loss below Rs 23290, says Rupak De of Bonanza Portfolio.

Focus shifts to 2019 elections: Over 20 growth-oriented stocks to add to your portfolio

Morgan Stanley continues to back growth at a reasonable price and believes the way to construct portfolio is to buy stocks of companies with the highest delta in return on capital

Year-end bonanza? These 25 stocks are trading below their 5-year avg PE

The general rule is that when a stock is trading below its 5-year PE, it usually indicates sluggish movement in price, which is further linked to earnings potential

Eicher Motors falls 1% after Investec cuts target to factor in impact of strike

Investec said channel checks suggest 'Twins' may contribute 4-6 percent to Royal Enfield's domestic volume by FY20/21 and Twins' launch should drive up share of higher engine displacement 2-wheelers.

Royal Enfield Concept KX may not see light of day, but will style future models

The Concept KX, a V-twin Bobber concept motorcycle, was showcased by Royal Enfield at the annual trade show EICMA in Milan

Eicher Motors gains 3% as brokerages see 14-17% upside despite Jawa launched by M&M

Eicher Motors, on November 14, launched Continental GT 650 & Interceptor, which are large bikes from an Indian perspective.

Hold Eicher Motors; target of Rs 23137: Prabhudas Lilladher

Prabhudas Lilladher recommended Hold rating on Eicher Motors with a target price of Rs 23137 in its research report dated November 12, 2018.

Ideas for Profit | Eicher Motors: Strong franchise available at decent valuation; accumulate

We continue to exude confidence in the company on the back of its dominant position in bikes with engine displacement above 250cc and a shift in customer preference towards premium products. The recent correction have made valuations attractive

Eicher Motors Standalone September 2018 Net Sales at Rs 2,404.05 crore, up 11.11% Q-o-Q

Eicher Motors recovers sharply after 3.5% fall; Macquarie & Jefferies cut targets

The company reported a 6 percent increase in consolidated profit after tax at Rs 548.76 crore in the second quarter ended September 30.