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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 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…
