Eicher Motors: Aggressive competition could hurt growth. Downgrade to REDUCE
We downgrade Eicher Motors to REDUCE (from ADD earlier) as a significant increase in competitive intensity has changed the business dynamics...
622 Views
Eicher Motors - Strong Q4, Multiple Growth Levers Ahead; Maintain BUY
The impact of higher exports, price hikes on Hunter and Bullet and product mix (Meteor-650 launch) was higher than our expectations leading to a...
415 Views
Eicher Motors - Slight Miss on ASP; Long-Term Outlook Intact
Company has multiple levers to expand in the mid-weight segment in both domestic and export markets. The Super Meteor 650 has received a good...
373 Views
Eicher Motors - Encouraging Q2 Numbers; Maintain BUY
Eicher Motors Ltd (Eicher) reported a good set of numbers. Standalone Revenue/EBITDA both grew by 5%/2% sequentially (56%/82% YoY).
512 Views
Eicher Motors - Transitioning Towards Growth Phase
Covid-led lockdowns and higher vehicle prices on account of commodity inflation, weak consumer sentiments, and supply-chain constraints led to...
343 Views