Name: Latest research reports of Eureka Forbes Ltd. authored by ICICI Securities Limited and published by - Trendlyne research reports.
Item: Eureka Forbes Ltd.
Rating: 5
Author: ICICI Securities Limited

Date	Stock	Author	LTP	Target	Price at reco (Change since reco%)	Upside(%)	Type	Report	Discuss
17 Sep 2025	Eureka Forbes	Consensus Share Price Target	578.00	680.00	-	17.65	buy	pdf Detailed Estimates
12 Aug 2025	Eureka Forbes	ICICI Securities Limited Target	578.00	660.00	555.20 (4.11%)	14.19	Buy	pdf post cache	Broker Report Strong operating performance across parameters ICICI Securities Limited Eureka Forbes reported strong set of numbers for 7th straight quarter. Eureka saw double-digit growth in the product business both in value and volume terms, despite a subdued demand backdrop. pdf Copy Link Share on Share on Share on Share on Alert
06 Dec 2024	Eureka Forbes	ICICI Securities Limited Target	578.00	735.00	626.35 (-7.72%)	27.16	Buy	pdf post cache	Broker Report A filtered strategy; service income to strengthen RoCE ICICI Securities Limited Eureka has revamped its servicing business strategy and we believe its benefits are surfacing. These include: (1) It has, now, four different servicing plans with options to buy servicing for one, two or three years, instead of just one plan across consumers. (2) Rolled out an App that provides alerts to consumers about servicing pdf Copy Link Share on Share on Share on Share on Alert
09 Oct 2024	Eureka Forbes	ICICI Securities Limited	578.00	660.00	556.00 (3.96%)	14.19	Buy	pdf post cache	Broker Report FY24 annual report takeaways: Delivering on expected lines; maintain BUY ICICI Securities Limited Eureka Forbes’ FY24 AR primarily highlights its transformational journey during phase-1. We note: (1) Strong investments in distribution expansion (at 36% CAGR over FY22 24) have started yielding positive results (volume growth and market share gains in FY24) and may continue to drive growth in FY24-26E. (2) The company is focusing on category creation to increase penetration. pdf Copy Link Share on Share on Share on Share on Alert
16 Sep 2024	Eureka Forbes	East India Securities Ltd	578.00	536.00	535.15 (8.01%)	Target met	Hold	pdf post cache	Broker Report Growing Consumer Electronic Play; Initiate with HOLD East India Securities Ltd An established ‘cash cow’, Eureka Forbes were the pioneers for introducing water purifier and vacuum cleaner in India. Eureka Forbes has a long history of launching innovative products and campaigns in India. pdf Copy Link Share on Share on Share on Share on Alert
28 Jun 2024	Eureka Forbes	Prabhudas Lilladhar	578.00		482.25 (19.85%)		Not Rated	pdf post cache	Broker Report EUREKA FORBES LTD. Prabhudas Lilladhar pdf Copy Link Share on Share on Share on Share on Alert

25.24% Gain from 52W Low

Eureka Forbes Ltd. share price target

Eureka Forbes Ltd. has an average share price target of 598. The consensus estimate represents an upside of 3.46% from the last price of 578. View 4 reports from 2 analysts offering long-term price targets for Eureka Forbes Ltd..

Strong operating performance across parameters

A filtered strategy; service income to strengthen RoCE

FY24 annual report takeaways: Delivering on expected lines; maintain BUY

Growing Consumer Electronic Play; Initiate with HOLD

EUREKA FORBES LTD.

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