BSE Code: | NSE Code: | ISIN: | Sector:
Research Report Detail
|Report Date||Call||Price@Call||Target Price
|Current Status||Time Horizon|
|Closed|| Medium (6M)
Elara Capital Recommends 'Sell' On Eicher Motors
According to Elara Capital, at the time of transition to BS6, Royal Enfield will be unable to earn a proportionate profit for Eicher Motors, thereby putting pressure on margin. With the upcoming transition to BS6, the company growth in the CV business would remain muted, the brokerage adds.