BSE Code: | NSE Code: | ISIN: | Sector:
Research Report Detail
|Report Date||Call||Price@Call||Target Price
|Current Status||Time Horizon|
|Bank of America Merrill Lynch
|Target Hit|| Long (1Y)
Bank of America Merrill Lynch maintains buy on Eicher Motors
Stock could rise significantly over the next four years. There is sales visibility across business segments. Expect nearly 5.5 times jump in profits over calendar year 2013-18. Margins are likely to expand sharply.