The current market price is Rs 2,546
The target price is Rs 3,250
Profit 27.65%
Motilal Oswal mentions the inventory purchase of Eicher Motors with a price target of Rs 3,250, which is 26% higher than the current market price.
The first quarter of FY22 saw perfect exports (+ 28% QoQ, 83% growth above 1QFY20). According to Motilal Oswal, the global community expansion continued in the first quarter of the fiscal year, adding eight unique stores (1,140) and 1 new multi-brand retailer (650). Eicher Motors ’target is to take the unique retailer to 175 by the end of FY22.
Eicher Motors’ ’efficiency bit was pushed by VECV, where Royal Enfield was in line with Motilal Oswal’s estimates. The delayed product launch (first due to the second covid wave and now due to the lack of semiconductors) has moved the recovery deadline to 2HFY22.
The current market price is Rs
The target price is 185 rupees
Profit 29.37%
Motilal Oswal Institutional Research can also bet on Coal India inventory and has a fixed target price which is practically 26% higher than the current market price. In response to Motilal Oswal, the dividend yield has stabilized at 12%, which is double what banks are paying through interest rates.
The administration highlighted that the shipment and production targets were 740 metric tons and 670 metric tons, respectively, for FY22, it actually produced 700 meters and 630-640 metric tons.
Coal India 1QFY22 results highlight a good point in recovering power demand, resulting in improved off-tech and revenue.
We expect profit to recover on FY22E (+ 24% YoY). Production should be supported and dividends should be maintained (dividend yield: 12%). We repeat our purchase rating with a target price of Rs 185 per share, based on 4 multiples of FY22E EV / EBITDA, “the broker noted.