|
18 Sep 2025 |
Eicher Motors
|
Consensus Share Price Target
|
6890.50 |
6120.32 |
- |
-11.18 |
buy
|
|
|
|
|
16 Aug 2022
|
Eicher Motors
|
ICICI Securities Limited
|
6890.50
|
3695.00
|
3210.15
(114.65%)
|
Target met |
Buy
|
|
|
Royal Enfield’s (RE) domestic portfolio declined ~35% in FY19-FY22, in line with domestic 2W market, though 4x volume increase in exports volume arrested overall volume decline at 27% during the period.
|
|
16 Aug 2022
|
Eicher Motors
|
Geojit BNP Paribas
|
6890.50
|
3806.00
|
3363.25
(104.88%)
|
Target met |
Buy
|
|
|
|
|
16 Aug 2022
|
Eicher Motors
|
Axis Direct
|
6890.50
|
3120.00
|
3338.05
(106.42%)
|
Target met |
Hold
|
|
|
we maintain our BUY rating on the stock and value it at 27x FY24E P/E to arrive at a target price of Rs 1,660/share (Rs 1,580/share earlier), implying an upside of 17% from the CMP.
|
|
11 Aug 2022
|
Eicher Motors
|
ICICI Securities Limited
|
6890.50
|
3640.00
|
3154.55
(118.43%)
|
Target met |
Buy
|
|
|
Eicher Motors’ (EIM) Q1FY23 EBITDA margin expanded by ~75bps QoQ to 24.5% (I-Sec: 23.6%), led by 27bps QoQ gross margin (GM) improvement and lower other expenses (down 80bps).
|
|
11 Aug 2022
|
Eicher Motors
|
ICICI Direct
|
6890.50
|
3650.00
|
3176.45
(116.92%)
|
Target met |
Buy
|
|
|
|
|
10 Aug 2022
|
Eicher Motors
|
Prabhudas Lilladhar
|
6890.50
|
3400.00
|
3210.15
(114.65%)
|
Target met |
Buy
|
|
|
|
|
17 May 2022
|
Eicher Motors
|
SMC online
|
6890.50
|
|
2650.50
(159.97%)
|
|
Results Update
|
|
|
|
|
16 May 2022
|
Eicher Motors
|
Axis Direct
|
6890.50
|
2600.00
|
2617.95
(163.20%)
|
Target met |
Hold
|
|
|
We maintain our HOLD rating on the stock with a revised TP of Rs 2,600 (Rs 2,800 earlier)
|
|
16 May 2022
|
Eicher Motors
|
IDBI Capital
|
6890.50
|
2786.00
|
2617.95
(163.20%)
|
Target met |
Buy
|
|
|
|
|
15 May 2022
|
Eicher Motors
|
ICICI Direct
|
6890.50
|
2480.00
|
2432.65
(183.25%)
|
Target met |
Hold
|
|
|
|