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26 Sep 2025 |
Eicher Motors
|
Consensus Share Price Target
|
7047.00 |
6204.95 |
- |
-11.95 |
buy
|
|
|
|
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25 May 2023
|
Eicher Motors
|
ICICI Securities Limited
|
7047.00
|
3953.00
|
3651.50
(92.99%)
|
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.
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16 May 2023
|
Eicher Motors
|
SMC online
|
7047.00
|
|
3633.20
(93.96%)
|
|
Results Update
|
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|
|
12 May 2023
|
Eicher Motors
|
Motilal Oswal
|
7047.00
|
3650.00
|
3626.35
(94.33%)
|
Target met |
Neutral
|
|
|
|
|
12 May 2023
|
Eicher Motors
|
ICICI Direct
|
7047.00
|
4165.00
|
3626.35
(94.33%)
|
Target met |
Buy
|
|
|
|
|
12 May 2023
|
Eicher Motors
|
ICICI Securities Limited
|
7047.00
|
3953.00
|
3405.30
(106.94%)
|
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.
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|
12 May 2023
|
Eicher Motors
|
Axis Direct
|
7047.00
|
3900.00
|
3626.35
(94.33%)
|
Target met |
Buy
|
|
|
With the recently launched Meteor-650 and Hunter 350 along with a promising product pipeline ahead, the company has an expansive product portfolio to serve the domestic and exports market. VECV volumes are also expected to remain robust as the CV upcycle continues. We maintain our BUY
|
|
17 Apr 2023
|
Eicher Motors
|
Ventura
|
7047.00
|
4154.00
|
3229.00
(118.24%)
|
Target met |
Buy
|
|
|
Double barrel growth of Royal Enfield and VECV
|
|
23 Mar 2023
|
Eicher Motors
|
Motilal Oswal
|
7047.00
|
3625.00
|
2927.70
(140.70%)
|
Target met |
Buy
|
|
|
|
|
15 Feb 2023
|
Eicher Motors
|
ICICI Direct
|
7047.00
|
4065.00
|
3311.15
(112.83%)
|
Target met |
Buy
|
|
|
|
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15 Feb 2023
|
Eicher Motors
|
Axis Direct
|
7047.00
|
3540.00
|
3311.15
(112.83%)
|
Target met |
Buy
|
|
|
Recommendation: With the launch of Meteor 650 and Hunter 350, the company has an expansive product portfolio to serve the domestic and exports market. VECV volumes are also expected to remain robust as the CV upcycle continues. We maintain our BUY rating on the stock.
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