Topics Eicher Motors | festive sales | Royal Enfield

Devangshu Datta  Last Updated at October 3, 2022 23:04 IST

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The Eicher Motors stock has been on an uptrend since its lows in May and has been among the top outperformers within the auto sector with gains of 34 per cent year-to-date. Strong demand for new launches, rising exports and margin expansion expectations have led to earnings upgrades. The near term trigger for the stock, which fell 5.7 per cent on Friday, would be volume growth aided by festive season sales and response to upcoming launches.

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First Published: Mon, October 03 2022. 19:48 IST

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