Eicher Motors Records ₹62.31 Crore Block Trade on NSE at ₹7114.50 Per Share
Eicher Motors recorded a block trade on the NSE involving approximately 87,585 shares at ₹7114.50 per share, aggregating to a total deal value of ₹62.31 crores. The transaction reflects significant institutional activity in the counter. Block trades of this size are typically associated with large institutional participants seeking to transact without materially impacting the open market price.
UBS Maintains Buy Rating on Eicher Motors with Target Price of ₹8,550
UBS has maintained a Buy rating on Eicher Motors with a target price of ₹8,550, citing resilient demand despite macroeconomic concerns and limited impact from competition. Temporary supply constraints are noted as affecting realizations, though these are characterized as short-term in nature. The brokerage identified Royal Enfield's entry into the 250cc motorcycle segment as a significant growth opportunity, backed by strong brand appeal and limited competition in that category.
Amazon India Plans to Use 1,000 Eicher Electric Trucks for Its Operations
Amazon India has announced plans to deploy 1,000 Eicher Motors electric trucks for its operations. This large-scale commitment highlights growing corporate interest in electric commercial vehicles for logistics in India. The development is a significant milestone for Eicher Motors in the electric commercial vehicle segment. It also reflects a broader shift toward sustainable freight solutions among major e-commerce operators in the country.
08May 26
Royal Enfield Plans to Invest ₹2,200 Crore in Andhra Pradesh Manufacturing Plant
Royal Enfield, the motorcycle brand under Eicher Motors, has announced plans to invest ₹2,200 crore in a new manufacturing plant in Andhra Pradesh. The investment reflects the company's intent to expand its domestic production capacity. This development marks a notable capital commitment toward building new manufacturing infrastructure in India.
Morgan Stanley Raises Eicher Motors Target Price to ₹7,763 Amid Auto Sector Headwinds
Morgan Stanley has raised Eicher Motors' target price to ₹7,763 from ₹7,578 while maintaining an Equal-weight rating. The brokerage acknowledges near-term challenges including cost pressures, supply-chain risks, and regulatory tightening that may impact 1QFY27 margins. However, Morgan Stanley remains positive on the medium-term outlook, citing expected volume upcycle and gradual cost pass-through mechanisms as key supporting factors.
15Apr 26
Eicher Motors Executes Rs. 58.76 Crore Block Trade on NSE at Rs. 7103.50
Eicher Motors completed a substantial block trade worth Rs. 58.76 crores on the National Stock Exchange, involving 82,726 shares at Rs. 7103.50 per share. The transaction reflects significant institutional activity and demonstrates continued investor interest in the automotive manufacturer's stock among large-scale market participants.
Eicher Motors Records Rs. 53.80 Crore Block Trade on NSE
Eicher Motors recorded a significant NSE block trade worth Rs. 53.80 crores involving approximately 76,025 shares at Rs. 7077.00 per share. This transaction demonstrates continued institutional interest in the automotive company known for Royal Enfield motorcycles and commercial vehicles, with such large-value trades providing insights into institutional sentiment towards the company's market positioning.
CLSA has revised its target price for Eicher Motors downward from Rs 8066 to Rs 7454, reflecting 6-8% EPS cuts for FY27/28 amid broader automotive sector challenges. Despite the earnings downgrades, which fall within the 3-13% range of OEM cuts industry-wide, CLSA maintains its outperform rating, suggesting confidence in the company's long-term prospects despite near-term earnings pressure.
Eicher Motors posted impressive Q4 results with a 27% year-on-year increase in consolidated net profit to 1,362.00 crore rupees. Revenue rose 23% to 5,241.00 crore rupees. Royal Enfield achieved record quarterly sales and crossed 1 million annual sales for the first time. VECV division saw 7.7% revenue growth. The company recommended a final dividend of 70.00 rupees per equity share. Quarterly data shows strong growth across all financial indicators, with revenue up 19.12% and EPS increasing by 17.37% year-over-year.
14May 25
Royal Enfield's Electric Leap: 'Flying Flea' EV Motorcycle Set for 2026 Launch
Eicher Motors, Royal Enfield's parent company, has announced plans to introduce its first electric motorcycle, 'Flying Flea', in Q1 2026. The company has allocated an assembly line at its Vallam Vadagal plant and is collaborating with Stark Future and Qualcomm on this project. Royal Enfield is also focusing on international expansion, particularly in the US market. The company has projected a capital expenditure of 12 billion rupees for fiscal year 2026 to support its product development and market expansion strategies.
Eicher Motors posted impressive Q4FY23 results with consolidated net profit up 27.3% YoY to Rs 1,362.00 crore, revenue from operations growing 23.1% YoY to Rs 5,241.00 crore, and EBITDA rising 11.4% to Rs 1,258.00 crore with a 24% margin. The company's performance surpassed analyst expectations, indicating strong market position and operational efficiency.
12May 25
Eicher Motors Set to Unveil Q4 and FY25 Results on May 14, Dividend Decision Awaited
Eicher Motors will release its Q4 and FY25 financial results on May 14, 2025. The board meeting will review and approve financial statements and consider recommending a dividend for FY25. A conference call for investors will follow the board meeting. The trading window for designated persons has been closed since April 1 as a compliance measure.
02May 25
Eicher Motors Extends Leadership Tenures, Appoints New Directors Amid Record Sales
Eicher Motors has extended Siddhartha Lal's tenure as executive chairman and B Govindarajan as managing director for five more years (2025-2030). The company also appointed two new independent directors. These changes come as Royal Enfield, Eicher's motorcycle business, crossed one million sales for the first time in the fiscal year ended March 31, 2025.
02May 25
Eicher Motors Roars Ahead: Strong Sales Growth in April 2025
Eicher Motors exceeded market expectations with impressive sales figures in April 2025. Royal Enfield motorcycle sales increased by 6% to 86,559 units, with a notable 36% growth in models exceeding 350cc. International sales surged by 55%. VE Commercial Vehicles (VECV) saw a 27.3% increase in total sales, reaching 6,846 units. Domestic VECV sales grew by 27.7%, while exports rose by 29.2%. The Light and Medium Duty bus segment showed remarkable growth of 61.6%.
01May 25
Eicher Motors Surpasses Expectations with 5.7% Growth in April Motorcycle Sales
Eicher Motors Limited reported total motorcycle sales of 86,559 units in April 2025, a 5.70% year-over-year increase. The company saw significant growth in models >350cc (36.00%) and international business (55.00%). Its commercial vehicle segment, VECV, also performed well with a 27.30% increase in total sales. The results exceeded market estimates, indicating strong demand and successful market expansion.
01May 25
Eicher Motors Surpasses Expectations with 27.3% Sales Growth in April
Eicher Motors announced total sales of 6,846 units for April 2025, a 27.3% year-over-year increase. The company exceeded market expectations, with domestic sales up 27.7% and exports growing by 29.2%. Notable segment performances include a 61.6% increase in LMD Bus sales and a 21.5% growth in the SCV/LMD truck segment. Volvo Trucks & Buses, part of VECV, also saw a 4.9% increase in sales.