Eicher Motors Ltd is a well-known Indian company that primarily manufactures motorcycles under the brand Royal Enfield and heavy-duty commercial vehicles under the Eicher Trucks & Buses brand. Founded in 1948, the company has grown to become one of India’s leading players in the automotive sector. Eicher Motors is recognized for its strong legacy in designing and producing iconic motorcycles, especially the Royal Enfield, which has a dedicated global fan base. Eicher Motors Share Price on NSE as of 13 November 2024 is 4,598.80 INR. Here are more details on Eicher Motors Share Price Target 2024, 2025, 2026 to 2030.
Eicher Motors Ltd: Market Overview
- Open Price: ₹4,700.00
- High Price: ₹4,719.95
- Low Price: ₹4,536.05
- Previous Close: ₹4,738.20
- Volume: 656,931
- Value (Lacs): ₹30,144.59
- VWAP: ₹4,593.50
- UC Limit: ₹5,212.00
- LC Limit: ₹4,264.40
- P/E ratio: 30.15
- Div yield: 1.11%
- 52-wk high: ₹5,105.00
- 52-wk low: ₹3,562.45
- Mkt cap: ₹1.26³¢°ä°ù
- Face Value: ₹1
Eicher Motors Share Price Chart
Eicher Motors Share Price Target Tomorrow 2024 To 2030
Eicher Motors Share Price TargetÌý Years | Share Price TargetÌý |
2024 | ₹5115 |
2025 | ₹5975 |
2026 | ₹6352 |
2027 | ₹6928 |
2028 | ₹7583 |
2029 | ₹7950 |
2030 | ₹8674 |
Eicher Motors Share Price Target 2024
Eicher Motors share price target 2024 Expected target could be ₹5115. Here are three key factors that could affect the growth of Eicher Motors’ share price target for 2024:
- Royal Enfield’s Global Expansion: The continued global success and expansion of the Royal Enfield brand is a significant growth driver for Eicher Motors. The company’s efforts to increase sales in international markets, particularly in Europe, the US, and Southeast Asia, will influence investor sentiment and positively impact the stock price.
- Innovation and New Product Launches: Eicher Motors is expected to boost its market presence by introducing new motorcycle models and enhancing its product offerings with upgraded features. The launch of electric motorcycles and other technological advancements could appeal to a larger consumer base, driving revenue growth and improving share price performance.
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Economic Conditions and Vehicle Demand: The overall economic environment, including factors like consumer spending, disposable income, and fuel prices, plays a crucial role in the demand for both motorcycles and commercial vehicles. Any favorable economic conditions or government incentives for the automotive sector could enhance sales, which would support the company’s growth prospects and its stock price.
Eicher Motors Share Price Target 2025
Eicher Motors share price target 2025 Expected target could be ₹5975. Here are three key factors that could affect the growth of Eicher Motors’ share price target for 2025:
- Sustainability and Electric Vehicle (EV) Transition: Eicher Motors’ strategy to enter the electric vehicle (EV) segment, particularly through Royal Enfield, will be a major growth driver. The development and successful launch of electric motorcycles, along with investments in EV infrastructure, could significantly impact the company’s long-term growth, particularly as the global demand for eco-friendly vehicles rises.
- Strong Commercial Vehicle Segment Performance: Eicher Motors’ subsidiary, Volvo Eicher Commercial Vehicles (VECV), plays an important role in the company’s overall growth. A strong demand for commercial vehicles, supported by infrastructure development projects and increasing logistics requirements, can positively influence the company’s financials and stock price by 2025.
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Brand Strength and Market Penetration: Eicher Motors’ continued focus on strengthening the Royal Enfield brand through innovation, premium positioning, and expanding its dealer network will likely enhance customer loyalty and market penetration. A larger market share, especially in untapped regions, will drive growth and potentially boost stock prices in 2025.
Eicher Motors Share Price Target 2030
Eicher Motors share price target 2030 Expected target could be ₹8674. Here are three risks and challenges that could affect Eicher Motors’ share price target for 2030:
Shareholding Pattern For Eicher Motors Ltd
- Promoters: 49.1%
- FII: 27.62%
- DII: 13.76%
- Public: 9.52%
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Eicher Motors Ltd Financials
(INR) | 2024 | Y/Y change |
Revenue | 172.96B | 17.49% |
Operating expense | 36.33B | 15.66% |
Net income | 40.01B | 37.31% |
Net profit margin | 23.13 | 16.88% |
Earnings per share | 136.75 | 28.55% |
EBITDA | 49.57B | 36.04% |
Effective tax rate | 23.09% | — |
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