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Eicher Motors (EIM IN)
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181
Analysis
Consumer Discretionary
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India
Eicher Motors Ltd. manufactures light commercial vehicles which are sold domestically and are also exported to other countries. Eicher Motors also manufactures two-wheelers and automotive gears.
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bullish
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Eicher Motors
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16 Feb 2022 17:18
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Broker
Eicher Motors: Weak Quarter; Gradual Improvement in Supply Chain
We maintain our HOLD rating on the stock with a revised TP of Rs 2,800/share (Rs 2,850 earlier), resulting in an upside of 9% from the current levels.
Axis Direct
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163 Views
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bearish
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Eicher Motors
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16 Feb 2022 17:03
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Broker
Easing supply chain, ramp-up in exports to drive growth
The performance miss in EIM was led by lower realization and launch/event related marketing spends. With supply chain issues showing some signs of...
Motilal Oswal
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163 Views
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bullish
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Eicher Motors
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10 Nov 2021 17:03
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Broker
HSIE Results Daily: Titan, Eicher Motors
Eicher Motors: Royal Enfield's (RE) Q2 margin of 20.3% (+280bps QoQ) was aided by a benefit of INR400mn in employee expenses (gains due to unvested...
HDFC Securities
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bullish
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Eicher Motors
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09 Nov 2021 17:23
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Broker
Eicher Motors: Better Realizations Drive Above-Estimates Results; Upgrade To HOLD
We revise our rating from SELL to HOLD and upgrade our TP to Rs 2,850 (Rs 2,300 earlier), resulting in an upside of 7% from current levels.
Axis Direct
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126 Views
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bearish
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Eicher Motors
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06 Nov 2021 17:03
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Broker
Above our estimate; beat driven by higher realization
EIM's beat in performance was driven by growth in RE realization and lower staff cost. With supply chain issues showing some signs of improvement,...
Motilal Oswal
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124 Views
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