Eicher Motors Ltd.

NSE: EICHERMOT | BSE: 505200 | ISIN: INE066A01021 | Industry: 2/3 Wheelers
| Expensive Performer
5326.5000 -63.00 (-1.17%)
NSE May 28, 2025 15:31 PM
Volume: 380.1K
 

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Eicher Motors Ltd.
21 Aug 2018
5326.50
-1.17%

Eicher Motors Ltd. - Q1FY19 Result Update - On strong foothold; Maintain Buy

Religare
Eicher Motors reported healthy set of numbers which were in line with our estimates. Its consolidated net revenue and net profit grew by 27.3% and 22.4% yoy respectively. The company sold 2,25,361 units of RE in Q1FY19 up by 22% yoy. Also the performance of its JV with Volvo group (VE commercial vehicles) reported strong growth with total volumes up 40.9% yoy and improvement in profitability.
Eicher Motors Ltd. is trading above its 200 day SMA of 5030.4
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