|
13 Sep 2025 |
Eicher Motors
|
Consensus Share Price Target
|
6875.00 |
6120.32 |
- |
-10.98 |
buy
|
|
|
|
|
15 Nov 2022
|
Eicher Motors
|
Geojit BNP Paribas
|
6875.00
|
4109.00
|
3390.25
(102.79%)
|
|
Buy
|
|
|
|
|
14 Nov 2022
|
Eicher Motors
|
SMC online
|
6875.00
|
|
3503.05
(96.26%)
|
|
Results Update
|
|
|
|
|
11 Nov 2022
|
Eicher Motors
|
ICICI Securities Limited
|
6875.00
|
3938.00
|
3700.85
(85.77%)
|
|
Accumulate
|
|
|
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.
|
|
11 Nov 2022
|
Eicher Motors
|
Motilal Oswal
|
6875.00
|
4150.00
|
3519.65
(95.33%)
|
|
Buy
|
|
|
|
|
11 Nov 2022
|
Eicher Motors
|
ICICI Direct
|
6875.00
|
4310.00
|
3519.65
(95.33%)
|
|
Buy
|
|
|
|
|
11 Nov 2022
|
Eicher Motors
|
Axis Direct
|
6875.00
|
4125.00
|
3519.65
(95.33%)
|
|
Buy
|
|
|
We maintain our BUY rating on the stock with a TP of Rs 4,125 (unchanged).
|
|
11 Nov 2022
|
Eicher Motors
|
Prabhudas Lilladhar
|
6875.00
|
4190.00
|
3516.60
(95.50%)
|
|
Buy
|
|
|
|
|
24 Sep 2022
|
Eicher Motors
|
Prabhudas Lilladhar
|
6875.00
|
4200.00
|
3624.10
(89.70%)
|
|
Buy
|
|
|
|
|
22 Sep 2022
|
Eicher Motors
|
Axis Direct
|
6875.00
|
4125.00
|
3748.75
(83.39%)
|
|
Buy
|
|
|
We value RE standalone business at 27x (from 24x earlier) on Sep'24 EPS (Rs 3,675) and VECV at 12x EV/EBITDA (from 11x earlier) Sep'24 EBITDA (Rs 448), implying an upside of 11% from the CMP.
|
|
09 Sep 2022
|
Eicher Motors
|
ICICI Direct
|
6875.00
|
4170.00
|
3622.25
(89.80%)
|
|
Buy
|
|
|
|