Profit

BSE Code: | NSE Code: | ISIN: | Sector:

NSE
27940.20
Change Change %
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Updated:21 Sep, 2018, 15:57 PM IST

BSE
27907.85
Change Change %
-534.75 -1.88%

Updated:21 Sep, 2018, 16:01 PM IST

Research Report Detail

Brokerage
Analyst
Report Date Call Price@Call Target Price
Stop Loss
Current Status Time Horizon
CLSA
N/A
15-06-2015 Buy 17848.30 21800.00
N/A
Closed Custom
15-06-2016

CLSA Initiates Buy on Eicher Motors

CLSA has initiated 'buy' on Eicher Motors for target price of Rs 21,800 per share. CLSA says that the structural growth from Royal Enfield is likely to continue and it expects Eicher to deliver sector-leading growth. CLSA noted that the industry demand is shifting towards premium bikes and Eicher's premium valuations are likely to be sustained going ahead.

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