Live Breaking News & Updates on Eicher Motors Shares
Stay updated with breaking news from Eicher motors shares. Get real-time updates on events, politics, business, and more. Visit us for reliable news and exclusive interviews.
Shares of all auto companies were on the radar of investors during the trading session on Monday after all auto players announced their sales figures for the period ended on March 31, 2024. ....
The global investment bank sees 47%/50% CAGR for Airport/ANIL EBITDA over FY24-FY28. The balance sheet is well-placed to take up the rise in capex. ....
Everyone who was thinking that EV space belongs to startups and old companies that dominate the internal combustion engine (ICE) segment would not make it to EV space, probably would have to go and again read the story of the tortoise and rabbit. A large part of the out-performance that stocks like TVS Motors & Tata Motors have seen in the last 2 years can be attributed to their moving early into the EV space. Let’s go back a couple of years. What dominated the headlines was the XYZ startup focused on EV space has become a unicorn because it has raised $20 million at such and such valuations. Here we need to make a distinction between the total amount raised which will go into the company operation and the valuations. The total amount which is real business is just Rs 150 crore, though the valuation has crossed more than $1 billion. Valuations don t run business, they only get headlines. ....
Bajaj Auto, Eicher Motors: CLSA said it has downgraded Bajaj Auto and Eicher Motors to 'Sell' from 'Underperform' falling the recent rally as valuations are pricing in double-digit volume growth over the next few years, which is unlikely.