Eicher Motors Ltd.

NSE: EICHERMOT | BSE: 505200 | ISIN: INE066A01021 | Industry: 2/3 Wheelers
| Mid-range Performer
6649.5000 -176.00 (-2.58%)
NSE Apr 02, 2026 15:31 PM
Volume: 660.4K
 

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Eicher Motors Ltd.
11 Feb 2021
6649.50
-2.58%
ICICI Securities Limited
EML said (1) present production run rate of 75,000 units/month is pretty much sustainable, (2) demand is returning from mature markets like Tamil Nadu and Maharashtra (share of top 10, 20 cities has come back to 25% vs. ~27%, 30%, respectively, pre Covid), (3) RE waiting periods is coming down with higher production levels but supply concerns and commodity spike costs remain, (4) it took 2-3% price hikes in January-February while more are likely in the offing to counteract cost pressures, (5) it added 43 new large format stores and 129 studio stores in Q3FY21 along with 13 exclusive stores...
Eicher Motors Ltd. has an average target of 7728.83 from 7 brokers.
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