Eicher Motors shares rise 3% after Q1 profit zooms 50% YoY. Should you buy, sell or hold?

Eicher Motors shares rise 3% after Q1 profit zooms 50% YoY. Should you buy, sell or hold?

Eicher Motors shares rose nearly 3% to Rs 3,478 in early trade on Friday after the firm reported a 50.38% year-on-year (YoY) rise in its June quarter profit at Rs 918 crore to beat Street estimates. However, later in the day, the stock was trading flat at Rs 3,378. The company’s revenue rose 17.33% YoY … Read more