Independent analyst Kunal Bothra has a buy call on Eicher Motors Ltd.
with a target price of Rs 21500.
The current market price of Eicher Motors Ltd.
is Rs 20722.6.
Time period given by the analyst is Intra Day when Eicher Motors Ltd.
price can reach the defined target.
Kunal Bothra recommended to keep stoploss at Rs 20,000.
Eicher Motors Ltd., incorporated in 1982, is a largecap company with a market cap of Rs 55939.30 crore.Eicher Motors Ltd.
key Products/Revenue Segments include Automobile - 2 Wheelers which contributed Rs 8314.17 Crore to Sales Value (90.25 % of Total Sales), Spare Parts Components which contributed Rs 853.56 Crore to Sales Value (9.26 % of Total Sales), Scrap which contributed Rs 22.15 Crore to Sales Value (0.24 % of Total Sales), Export Incentives which contributed Rs 17.58 Crore to Sales Value (0.19 % of Total Sales) and Other Operating Revenue which contributed Rs 4.35 Crore to Sales Value (0.04 % of Total Sales)for the year ending 31-Mar-2018.
For the quarter ended 31-12-2018, the company has reported a Consolidated sales of Rs 2328.25 Crore, down -2.80 % from last quarter Sales of Rs 2395.22 Crore and up 3.45 % from last year same quarter Sales of Rs 2250.65 Crore Company has reported net profit after tax of Rs 491.48 Crore in latest quarter.
The companys top management includes Mr.Inder Mohan Singh, Mr.S Sandilya, Mr.Siddhartha Lal, Mr.Vinod Aggarwal, Mr.Vinod K Dasari, Ms.Manvi Sinha.
Company has S R Batliboi Co.
LLP as its auditoRs As on 31-12-2018, the company has a total of 27,275,653 shares outstanding.