Buy Eicher Motors, target Rs 28,000: Kunal Bothra

Buy Eicher Motors Ltd. at a price target of Rs 28000.0 and a stop loss at Rs 25700 from entry point.

Independent analyst Kunal Bothra has a buy call on Eicher Motors with a target price of Rs 28,000.

The current market price of Eicher Motors is Rs 26,524.95.

Time period given by the analyst is 'Intra Day' when Eicher Motors price can reach defined target.

Kunal Bothra recommended to keep a stop loss at Rs 25,700.

Eicher Motors, incorporated in the year 1982, is a Large Cap company (having a market cap of Rs 72,245.23 Crore) operating in Auto sector.

The company’s top management includes Mr.M J Subbaiah, Mr.Prateek Jalan, Mr.S Sandilya, Mr.Siddhartha Lal, Ms.Manvi Sinha.
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Company has Deloitte Haskins & Sells as its auditors.

As on 31-12-2017, the company has a total of 27,236,708 shares outstanding.
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