eicher motors

Stock markets surged on Monday, with Sensex and Nifty crossing significant milestones. Easing West Asian tensions and falling crude oil prices fueled investor optimism, particularly after US President Trump indicated a deal with Iran was largely negotiated. Banking stocks led the rally, while global markets also saw gains.

TCS receives a 'buy' rating with a Rs 3,100 target, showing improved international business and strong bookings. eicher motors' electric Flying Flea is noted, though mainstream adoption needs further refinement. Delhivery's share price remains resilient amid fuel concerns, with robust near-term demand. JSW Steel's Q4FY26 production saw a dip due to expansion shutdowns.

Stock market recommendations: Sona BLW Precision Forgings, and eicher motors have been recommended as the top stocks to buy this week by Sudeep Shah, Head - Technical Research and Derivatives, SBI Securities. He also shares outlook on Nifty and Bank Nifty:

eicher motors, the maker of Royal Enfield and commercial vehicles, will announce its third-quarter earnings today, February 11, 2019. The shares of the company have fallen about 30 per cent over the last six months.

Shares of eicher motors on Friday tanked nearly 5 per cent after the company reported a consolidated net loss of Rs 55 crore for the first quarter ended June 30. The stock tumbled 4.54 per cent to Rs 20,686.05 on the BSE. At the NSE, it plunged 4.57 per cent to Rs 20,682.

Shares of Royal Enfield owner eicher motors settled around 7% higher on Monday. Last week. the company said its consolidated net profit after tax increased by 16% to Rs 610 crore for the fourth quarter ended March 31.

The board of Eicher Polaris Pvt Ltd (EPPL) has passed a resolution to close operations of the JV firm with immediate effect, eicher motors said in a statement.

DaimlerChrysler, which already holds 3.56% stake in eicher motors, is eyeing a majority stake in the company, sources said.

Swedish commercial vehicle major AB Volvo today sold around 4.7 per cent stake in eicher motors for USD 310 million (over Rs 1,920 crore).

Mitsubishi Motors sold its stake in eicher motors to the company's founders, ending a 27-year partnership.

After announcing a JV with Hero group, Daimler AG said it is open to exit from eicher motors provided it gets a proper valuation for its stake.

The deal would include eicher motors making an initial investment of €50 million (Rs 439 crore) which would give it a 10.35 percent stake in Stark Future, and also eicher motors will have a seat on Stark Future's Board, the company said in a statement on Thursday.

NEW DELHI: Commercial vehicle maker eicher motors on Monday said its sales jumped 47 per cent in September 2002 to 1,254 vehicles from 851 units in the same month in 2000.

eicher motors' GST demand reduced to Rs 26.97 crore from Rs 129.79 crore after an appeal. The initial demand included a tax of Rs 117.99 crore and a penalty of Rs 11.79 crore. The issue was related to the company's failure to reverse input tax credit on returned material.

eicher motors Limited (EML) today announced a consolidated net profit of 48% to Rs 905 crore for Q4, compared to Rs 610 crore during the same period last year.

New Delhi, Feb 9 () The Securities Appellate Tribunal has asked markets regulator Sebi to pass a fresh order in the matter pertaining to alleged duplication of 100 shares of eicher motors.