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VERIFIEDET Stocks·positive
Eicher Motors shares rally 5% after Q4 results. What Goldman Sachs, Morgan Stanley, others are saying
AI Summary
- ·Eicher Motors shares increased by 5% after reporting a 12% profit jump and 16% revenue growth in the March quarter.
- ·Analysts have mixed views, with some recommending a buy and others suggesting a reduce rating.
- ·The company's capacity expansion is progressing, but potential challenges include commodity costs and export uncertainties.