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India Equity Research Reports, IPO and Stock News
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India Equity Research Reports, IPO and Stock News
Visit http://indiaer.blogspot.com/ for complete details �� ��
Summary
Eicher Motors Ltd at CMP of `1,770 is trading at a P/E multiple of 12.2x its CY13 consensus earnings of `145. With new Royal Enfield plant slated to commence production from Q1CY13, robust growth from the heavy duty segment and the new engine project coming on stream in CY13, company looks fairly priced at this juncture.
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