Eicher Motors Share Price Target
About Eicher Motors :
Eicher Motors Limited (EML) (Bloomberg: EIM IN Reuters: EICH.NS) is the listed parent of Royal Enfield, the global leader in middleweight motorcycles. The world’s oldest motorcycle brand in continuous production, Royal Enfield has made its distinctive motorcycles since 1901. Focussed on bringing back simple, yet engaging and accessible motorcycling, Royal Enfield operates in India, and over 60 countries around the world with modern development facilities in Leicestershire, UK and Chennai, India. Royal Enfield makes its motorcycles in Chennai, Tamil Nadu for the world. Royal Enfield has evolved into an experiential brand. Royal Enfield with its motorcycle that combines modern-day elements with the brand’s heritage, garners immense enthusiasm amongst global motorcyclists.
In addition to motorcycles, Eicher has a joint venture with Sweden’s AB Volvo – Volvo Eicher Commercial Vehicles Limited (VECV) – has pioneered modernisation of commercial vehicles in India and other developing countries. VECV has a complete range of trucks and buses from 4.9-55 tonnes, and its integrated manufacturing plant in Pithampur, Madhya Pradesh is the global hub for medium duty five- and eight-litre engines for Volvo Group.
About Eicher Motors Share :
- Market Capitalization of Eicher Motors stock is Rs. 73,947.78 Cr.
- 52 Week high of Eicher Motors share is Rs 3037.0 while 52 week low is Rs 2221.7.
- Following are the key changes to Eicher Motors shareholding. Promoter holding has not changed since last quarter , Domestic Institutional Investors holding has gone down from 9.5% (30 Jun 2021) to 8.65% (30 Sep 2021) and Foreign Institutional Investors holding has gone up from 28.83% (30 Jun 2021) to 30.28% (30 Sep 2021).
- Key metrics is a good way to quickly analyze a stock. PE Ratio of Eicher Motors share is 44.3, Earnings per share of Eicher Motors is Rs. 61.05, Market Cap of Eicher Motors is Rs. 73,947.78 Cr and Price to Book ratio of Eicher Motors stock is 6.57.
- Overall mean recommendation by analysts for Eicher Motors is to Hold.
Eicher Motors Share Price Target 2021 Q4
- November 2021 – 2740.15 Rs
- December 2021 – 2725.20 Rs
Eicher Motors share price target 2022
- 2022 Jan – 2765.35 Rs
- 2022 Feb – 2770.36 Rs
- 2022 Mar – 2777.39 Rs
- 2022 Apr – 2779.71 Rs
- 2022 May – 2810.10 Rs
- 2022 Jun – 2815.95 Rs
- 2022 Jul – 2825.90 Rs
- 2022 Aug – 2836.95 Rs
- 2022 Sep – 2850.99 Rs
- 2022 Oct – 2855.50 Rs
- 2022 Nov – 2860.55 Rs
- 2022 Dec – 2869.65 Rs
Eicher Motors Share price target 2023 – 3204.25 Rs
Eicher Motors Share price target 2024 – 3584.15 Rs
Eicher Motors Share price target 2025 – 3985.50 Rs
Eicher Motors Share price target 2026 – 4595.30 Rs
Eicher Motors Share price target 2027 – 4920.35 Rs
Eicher Motors Share price target 2028 – 5589.20 Rs
Eicher Motors Share price target 2029 – 8354.80 Rs
Eicher Motors Share price target 2030 – 10258.00 Rs
Eicher Motors Share Price Target 2022 2023 2025 2030
Eicher Motors Ltd., maker of prestigious Royal Enfield (RE) motorcycles, commercial vehicles and tractors, has announced consolidated profit after tax (PAT) of Rs 373 crore for the September quarter, a growth of 9% from the PAT of Rs. 343 crore in the corresponding quarter of the previous financial year and an increase of 57% from Rs 237 crore in the preceding quarter.
Consolidated revenue of Rs 2,250 crore was a growth of 5% from Rs 2,134 crore in Q2FY21 and a growth of 14% from Rs 1,974 crore in Q1FY22.
Eicher Motors is a well known name and you can trust this stock with your eyes closed. So today we will predict Eicher Motors share price target for 2022, 2023 2025 and 2030.
The stock of Eicher Motors was listed in the market in 1999. And then the price of one share was almost equal to Re 1 . And today after splitting the share price is INR 2,582.65. So if you had invested in this stock in 1999, today you would have been earning a return of 211,592.62%.
And in the last five years, the stock has not given any special performance. So in such a situation, if you ask me to choose between Eicher Motors and Tata Motors, then I will choose Atta Motors. Hana Eicher Motors stock can give you good returns in the long term. But before that we check the financial report of the company.
So you can check in the balance sheet how much the company’s profit has decreased in 2021. And the sale of the same Tata Motors is increasing every day and the company’s profit is also increasing. But one good thing is that the company does not have much debt. And you will not face any kind of problem in the long term.
Eicher Motors share price target for 2022 and 2023
Current price of Eicher Motors share in 2021 is 2,582.65 INR. so the target of Eicher Motors share in 2022 is 2800 INR. And in 2023 the share price will be around 2200.
Eicher Motors share price target for 2025
Target for Eicher Motors share in 2025 is 3200 INR. Right now the company’s numbers are not correct. So there may not be much jump in the share price. But if the company shows good profit going forward, then there can be a rise in the share price.