Buy Eicher Motors, target price Rs 4225: Prabhudas Lilladher

Prabhudas Lilladher has buy call on Eicher Motors with a target price of Rs 4225. The current market price of Eicher Motors Ltd. is Rs 3500. Time period given by analyst is one year when Eicher Motors 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.