Eicher Motors Ltd
EICHERMOT

25,040.30

Open ()
Turnover (lac)
Prev. Close ()
Day's Vol.(shares)

25,040.85

Open ()
Turnover (lac)
Prev. Close ()
Day's Vol.(shares)

24,990.00

Open ()
Open Interest
(Contracts)
VWAP ()
Day's Vol
(shares)
Detailed Quote

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Reduce
Reco. Price
Rs 22728.00
We have a REDUCE recomendation on the stock on account of moderation in RE volume growth and higher valuation. We expect RE volume growth to moderate on a high base and waning network expansion benefits. The stock is trading at 28.2x FY18E earning. (Target Price- Rs 20,650)
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50 DMA (.)
22,726.38
100 DMA (.)
23,178.73
200 DMA (.)
21,835.71
Weekly Range (.)
24,102.25
25,550.00
Monthly Range (.)
22,185.65
25,550.00
52 Weeks Range (.)
17,895.00
26,641.30
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