|
12 Sep 2025 |
Eicher Motors
|
Consensus Share Price Target
|
6758.00 |
6046.04 |
- |
-10.54 |
buy
|
|
|
|
|
17 Nov 2023
|
Eicher Motors
|
BP Wealth
|
6758.00
|
|
3865.30
(74.84%)
|
|
Results Update
|
|
|
|
|
13 Nov 2023
|
Eicher Motors
|
SMC online
|
6758.00
|
|
3645.40
(85.38%)
|
|
Results Update
|
|
|
|
|
13 Nov 2023
|
Eicher Motors
|
Axis Direct
|
6758.00
|
3920.00
|
3579.30
(88.81%)
|
Target met |
Buy
|
|
|
We maintain our BUY rating on the stock
|
|
11 Nov 2023
|
Eicher Motors
|
Prabhudas Lilladhar
|
6758.00
|
3800.00
|
3540.75
(90.86%)
|
Target met |
Accumulate
|
|
|
|
|
07 Aug 2023
|
Eicher Motors
|
SMC online
|
6758.00
|
|
3355.85
(101.38%)
|
|
Results Update
|
|
|
|
|
04 Aug 2023
|
Eicher Motors
|
Axis Direct
|
6758.00
|
3800.00
|
3359.55
(101.16%)
|
Target met |
Buy
|
|
|
Recommendation: We maintain our BUY rating on the stock.
|
|
04 Aug 2023
|
Eicher Motors
|
ICICI Securities Limited
|
6758.00
|
4039.00
|
3379.70
(99.96%)
|
Target met |
Buy
|
|
|
Eicher Motors’ (EIM) Q1FY24 standalone EBITDAM at 26% was up 130bps QoQ, led by a combination of price hikes, limited marketing spending and operating leverage. RE volume was up 4% QoQ at ~228k units and ASP was lower by ~INR 4k QoQ at ~INR 171k due to ~400bps higher Hunter350 mix.
|
|
25 May 2023
|
Eicher Motors
|
ICICI Securities Limited
|
6758.00
|
3953.00
|
3651.50
(85.07%)
|
Target met |
Accumulate
|
|
|
We hosted Eicher Motors’ (EIM) management for our Annual Investor Conference in Singapore (May 22-23, 2023) and following are the key takeaways: 1) EIM is confident on the sustenance of India 2W premiumisation, pushing up 125cc+ category to ~25%+ of domestic motorcycles in years to come.
|
|
16 May 2023
|
Eicher Motors
|
SMC online
|
6758.00
|
|
3633.20
(86.01%)
|
|
Results Update
|
|
|
|
|
12 May 2023
|
Eicher Motors
|
ICICI Securities Limited
|
6758.00
|
3953.00
|
3405.30
(98.46%)
|
Target met |
Buy
|
|
|
Eicher Motors’ (EIM) Q4FY23 standalone EBITDA margin at 24.7% was up 80bps QoQ, driven by 120bps GM improvement on account of better sales mix, RM cost reduction and higher mix of accessories, amidst no benefit from operating leverage as scale was largely flat QoQ.
|