5528.0000 59.50 (1.09%)
NSE Aug 01, 2025 15:31 PM
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5528.00
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ICICI Securities Limited
ICICI Securities Ltd | Retail Equity Research Eicher Motors reported its Q1FY19 numbers that were above estimates on the operational front but came in below estimates at the profitability level. Revenues for Q1FY19 came in at | 2548 crore (up 27.3% YoY, 0.8% QoQ), almost in line with our estimate of | 2562 crore. Royal Enfield (RE) volumes grew strongly at 22.5% YoY to 225361 units, with VECV volumes up 41.6% to 16416 units EBITDA came in at | 810 crore (up 27.4% YoY, 12.7% QoQ) in line...
Eicher Motors Ltd. has an average target of 5425.50 from 11 brokers.
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