Name: Latest research reports of Eicher Motors Ltd. authored by ICICI Securities Limited and published by - Trendlyne research reports.
Item: Eicher Motors Ltd.
Rating: 4
Author: ICICI Securities Limited

Eicher Motors Ltd.

NSE: EICHERMOT | BSE: 505200 | ISIN: INE066A01021 | Industry: 2/3 Wheelers
| Strong Performer, Getting Expensive

6875.0000 117.00 (1.73%)

NSE Sep 12, 2025 15:31 PM

New 52W High in past week

Volume: 731.8K

Eicher Motors Ltd.

11 Nov 2022

6875.00

1.73%

In line operational performance

Accumulate: Eicher Motors Ltd.

Recommendation Target

ICICI Securities Limited

Eicher Motors’ (EIM) Q2FY23 EBITDA margin at 23.3% was down 112bps QoQ due to 154bps QoQ gross margin (GM) contraction on account of rise in Hunter mix.

Eicher Motors Ltd. has gained 37.08% in the last 6 Months