Buy Eicher Motors, target price Rs 4225: Prabhudas Lilladher

Buy Eicher Motors, target price Rs 4225: Prabhudas Lilladher
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Synopsis

Eicher Motors Ltd., incorporated in the year 1982, is a Large Cap company (having a market cap of Rs 96557.30 Crore) operating in Auto sector.

Agencies
Promoters held 49.21 per cent stake in the company as of 30-Jun-2022, while FIIs owned 29.5 per cent, DIIs 10.14 per cent.
Prabhudas Lilladher has buy call on Eicher Motors with a target price of Rs 4225. The current market price of . is Rs 3500. Time period given by analyst is one year when Ltd. price can reach defined target.

Eicher Motors Ltd., incorporated in the year 1982, is a Large Cap company (having a market cap of Rs 96557.30 Crore) operating in Auto sector.

Eicher Motors Ltd. key Products/Revenue Segments include Automobile - 2 Wheelers, Spare Parts & Components, Allied Products, Other Operating Revenue, Other Services, Scrap for the year ending 31-Mar-2022.


Financials
For the quarter ended 30-06-2022, the company reported a Consolidated Total Income of Rs 3446.12 Crore, up 4.07 % from last quarter Total Income of Rs 3311.34 Crore and up 64.39 % from last year same quarter Total Income of Rs 2096.32 Crore. Company reported net profit after tax of Rs 576.88 Crore in latest quarter.



Promoter/FII Holdings
Promoters held 49.21 per cent stake in the company as of 30-Jun-2022, while FIIs owned 29.5 per cent, DIIs 10.14 per cent.
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