6103.0000 -30.00 (-0.49%)
NSE Aug 29, 2025 15:31 PM
Volume: 496.3K
 

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Eicher Motors Ltd.
15 Feb 2022
6103.00
-0.49%
Prabhudas Lilladhar
reiterated its aggressive stance towards new product launches with a strong product pipeline over next 18 months. New Classic 350 and Meteor are seeing good traction, though supply challenges impacted order fulfilment over last few months. Company has created an alternative source for chips and expect chip shortage issue to resolve in near term. We believe next leg of growth to come from new product launches and export market as we believe 1) key markets like Kerala and Chandigarh are saturated and 2) incessant price hikes are impacting vehicle affordability. We assign...
Eicher Motors Ltd. has an average target of 5550.70 from 11 brokers.
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