Profit

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

NSE
20937.00
Change Change %
631.75 3.11%

Updated:17 May, 2019, 15:59 PM IST

BSE
20959.70
Change Change %
672.35 3.31%

Updated:17 May, 2019, 16:01 PM IST

Research Report Detail

Brokerage
Analyst
Report Date Call Price@Call Target Price
Stop Loss
Current Status Time Horizon
Elara Capital
N/A
04-03-2019 Sell 19938.20 17197.00
N/A
Closed Medium (6M)
04-04-2019

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. 

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