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Source: Live Mint Shares of Eicher Motors fell nearly 7 percent in intra-day trading on Tuesday, February 11 post its December quarter results (Q3FY25) after global brokerage firm Goldman Sachs reduced its target price following the company’s Q3 FY25 earnings. Goldman Sachs maintained a ‘Buy’ rating on Eicher Motors but revised its target price downward…
Source: Live Mint Eicher Motors Q3 Results: Eicher Motors Limited announced its October to December quarter results on Monday, February 10. The company recorded an 18 per cent rise in net profit to ₹1,170 crore for the third quarter, compared to ₹995.97 crore in the same quarter the previous financial year. The automakers’ revenue from…
Source: Live Mint The Q3 FY25 earnings season, which kicked off in January, has nearly come to an end. However, around 108 companies are set to declare their financial results for the December quarter next week. Eicher Motors, Nykaa, Hindalco, Patanjali Foods, Varun Beverages, IRCTC, Lupin, Vodafone Idea, Ashok Leyland, Hindustan Aeronautics (HAL), Honasa Consumer,…
Source: Live Mint Nifty 50 on 21 December: Recap It has been a week of unprecedented events that led to some sharp drawdown on the broader indices. As the trends began to slip, there was widespread chaos due to the complete lack of clarity. The strong rebound in the wake of a historical global sell-off…
Source: Live Mint Jefferies has expressed a positive outlook on the Indian automobile sector, identifying Mahindra & Mahindra (M&M), Eicher Motors, and TVS Motor as its top three investment picks. The brokerage expects a robust growth trajectory for two-wheelers and tractors, projecting a compound annual growth rate (CAGR) of 13-15 per cent over the next…
Source: Live Mint In the special Muhurat trading session held on Friday, November 1, the Nifty Auto index closed over 1 percent higher, buoyed by a recovery in auto sales reported for October 2024. The festive momentum was reflected across the market, with Nifty Auto rising as much as 1.24 percent to 23,805.60, outperforming the…
Source: Live Mint The auto sector has delivered a stellar performance over the past year. Since Samvat 2080, the Sensex has risen 23 per cent, while the BSE Auto index has surged 50 per cent. Year-to-date (YTD), the auto index has rallied 31 per cent, significantly outperforming the benchmark’s 11 per cent rise. Falling commodity…
Source: Live Mint Debt-free companies are uniquely positioned to weather economic downturns since they aren’t burdened by interest payments or loan obligations. This allows them to focus on growth, innovation, and building long-term value for shareholders. In this article, we’ll explore five companies that have thrived while maintaining zero debt. These businesses stand out not…
