Eicher Motors Q2 results: Profit up 8% at Rs 1,100 crore

Eicher Motors share price jumps over 7% after Q2 results. Should you buy?
Royal Enfield's parent company posted an 8% year-on-year net profit increase to Rs 1,100 crore, up from Rs 1,016 crore a year earlier.
Eicher Motors shares in focus after Q2 earnings seen steady
Eicher Motors recorded a standalone net profit of Rs 1010 crore in the second quarter of 2024. Revenue rose to Rs 4,205 crore. Royal Enfield sold 2.25 lakh motorcycles. The company launched two electric motorcycle models under the brand Flying Flea.
Eicher Motors gain over 8% post Q2 earnings; Jefferies gives a 'buy' on signs of revival in RE volumes
Brokerage firm Jefferies remarked that it sees the toughest phase of competition now behind and amid better volumes has given a buy call on Jefferies.
Eicher Motors Share Price Jumps As Most Brokerages Positive After Q2 Earnings
Citi Research and Nuvama Institutional Equities retained their 'buy' rating on shares of Eicher Motors. Meanwhile, Emkay Global Research upgraded the stock rating to 'buy', and Nomura upgraded the rating to 'neutral'. Revenue up 3.6% at Rs 4,263 crore versus Rs 4,115 crore (Estimate Rs 4,414 crore).
Eicher Motors Shares Highlights: Eicher Motors Stock Price History
Stay updated with the Eicher Motors Stock Liveblog, your one-stop destination for real-time information and analysis of a leading stock. Explore the latest updates on Eicher Motors stock, including: Last traded price 4588.
Eicher Motors shares jump 8% on strong Q2; know analysts views
Analysts say Enfield's renewed ‘focus over margins’ with intervention like relaunch of Battalion Black edition, higher marketing aided strong festive sales
Brokerages mixed on Eicher Motors after Q2 results; stock jumps 8%
Japan-based brokerage Nomura has upgraded Eicher Motors to a 'Neutral' rating from 'Reduce' and raised its target price from Rs 4,102 to Rs 4,391
Eicher Motors Q2 net profit rises over 8%, meets expectations; stock cracks 3%
The Royal Enfield-bike maker was expected to report robust revenue and sales growth in double digits, helped by healthy exports.
Eicher Motors beats Q2 profit view on sales of higher-capacity Royal Enfield motorcycles
India's Eicher Motors, which makes the Royal Enfield brand of motorcycles, reported a bigger-than-expected quarterly profit on Wednesday, helped by increased sales of its higher-capacity models such as the 'Himalayan'.
Eicher Motors Q2 profit rises 8 per cent to Rs 1,100 crore
International business of Royal Enfield grew 11% y-o-y to 21,715 units, representing 10% of the total two-wheeler volume.
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