Shares of Eicher Motors fell 2.5% to the day’s low of Rs 3,756.10 on the NSE on Wednesday notwithstanding a strong December quarter show and target upgrades by a couple of brokerages. While CLSA upgraded the stock to Underperform and raised the price target, Nomura took a neutral view and also revised the price target … Read more
Shares of Eicher Motors climbed over 5% to Rs 3,340 in Wednesday’s intraday trade on BSE after the company posted 62% growth in consolidated net profit at Rs 741 crore for the quarter ended December 2022. The same was Rs 456 crore in the year-ago period. The company’s revenue from operations surged 29% to Rs … Read more
Eicher Motors on Monday said its consolidated net profit for December quarter fell 14.35 per cent to Rs 456.13 crore from Rs 532.59 crore in the same quarter last year. The total revenue from operations for the quarter came in at Rs 2,880.65 crore, up 1.85 per cent compared to Rs 2,828.26 crore in the … Read more