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Eicher Motors (EIM IN)
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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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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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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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