Latest news with #EicherMotors
Economic Times
3 days ago
- Automotive
- Economic Times
Should auto stocks be on radar? How to play defence stocks? Amnish Aggarwal explains
Amnish Aggarwal, Head, Research, Prabhudas Lilladher, says defence stocks experienced a sharp rally post Operation Sindoor, but fundamentals may take time to catch up. Auto sector performance will be stock-specific, influenced by international deals and the India-US agreement. Domestically, Eicher Motors in two-wheelers and M&M in PVs are currently showing strength, with monsoon impact and the upcoming festival season being key factors to watch. ADVERTISEMENT We have seen a range-bound momentum in the Jio Financial stock but on a longer-term picture, there's still conviction on the stock, say experts. What is your view? Amnish Aggarwal: We do not have any numbers on Jio Financial so far, but having said that, Jio Financials in particular is trying to grow big, as has been the case with some of the other ventures of the Reliance group. Now be it in asset management or segments of financial services, as of now, it is in a very nascent stage because they are handling very limited tangible business as of now. So, it is difficult to say with just one-year, two-year numbers. It will take time for the businesses to shape up. Yes, there could be some need for funding as they expand and that can be raised from the markets given the kind of brand equity the group has. News flow is coming in for the auto sector. Do you have any take on the automobile space or have you kept the space in your watch list for now? Amnish Aggarwal: In auto, one needs to be very stock specific because as far as the deal between the European Union, the UK, or the US is concerned, it is not going to impact the entire sector, that is one. Secondly, a lot will depend upon how the India-US deal goes through in terms of exports from many of the Indian companies. As far as the current deal we are going through, it might be beneficial for Tata Motors but not for others. But the mainstay of the Indian auto companies has been the domestic side where, in two- wheelers, it is Eicher Motors and in case of PVs, M&M is actually doing well. With monsoons being good, there could be some momentum there. It is very difficult to give any single point and very difficult to paint everything with the same brush. But having said that for the consumer or the consumption space, all those factors will play for auto whether it is interest rates, tax cuts, inflation and all that stuff which ideally should be positive for having said that, the groundwork is there but one needs to see how in the coming festival season in particular the auto sales go. But if you go by the current numbers, M&M and Eicher are the two stocks which really continue to look good. What about oil marketing, oil exploration, and oil producers? At present, ONGC, HPCL, and IOC are showing signs of sharp upsurge. However, oil refiners are tanking down in trade. Any crude related counters, space, sectors on your radar? Amnish Aggarwal: Due to the benign crude prices, if you look at the oil marketing companies like HPCL, IOC, etc, over the past few months, these stocks have done well and numbers expectations are also built in. So, a lot here will depend on how the crude prices behave. Among oil exploration companies, we have been positive on Oil India in the past. ADVERTISEMENT But, if the oil prices remain benign, then in some of the refining and the marketing companies, the losses will not come from marketing and those counters can see some stability or an upside from here. What is your take on the defence sector? Of late, BEL, Mazagon Dock counters have been lagging behind and they have been seeing a bit of a U-turn from higher levels. Is much of the optimism with respect to their order book, and growth trajectory already in the price and any expectation with respect to BEL? Amnish Aggarwal: Among the defence stocks, particularly after Operation Sindoor, for the next one, one-and-a-half months, there was a very sharp rally in many of these stocks and many of them gave 20-25% return from those levels. Sometimes these stocks go up but the fundamentals take time to catch up. Now, the order books are growing, the growth is there, but the numbers are not going to dramatically change from here. In the long term, these stocks continue to look good whereas in the near term, many of these stocks will move sideways to weak movements and that is a part of what happens naturally with many of the stocks. ADVERTISEMENT
Time of India
3 days ago
- Automotive
- Time of India
Should auto stocks be on radar? How to play defence stocks? Amnish Aggarwal explains
Tired of too many ads? Remove Ads Tired of too many ads? Remove Ads , Head, Research,, says defence stocks experienced a sharp rally post Operation Sindoor , but fundamentals may take time to catch up. Auto sector performance will be stock-specific, influenced by international deals and the India-US agreement. Domestically, Eicher Motors in two-wheelers and M&M in PVs are currently showing strength, with monsoon impact and the upcoming festival season being key factors to do not have any numbers on Jio Financial so far, but having said that, Jio Financials in particular is trying to grow big, as has been the case with some of the other ventures of the Reliance group. Now be it in asset management or segments of financial services, as of now, it is in a very nascent stage because they are handling very limited tangible business as of now. So, it is difficult to say with just one-year, two-year numbers. It will take time for the businesses to shape up. Yes, there could be some need for funding as they expand and that can be raised from the markets given the kind of brand equity the group auto, one needs to be very stock specific because as far as the deal between the European Union, the UK, or the US is concerned, it is not going to impact the entire sector, that is one. Secondly, a lot will depend upon how the India-US deal goes through in terms of exports from many of the Indian companies. As far as the current deal we are going through, it might be beneficial for Tata Motors but not for the mainstay of the Indian auto companies has been the domestic side where, in two- wheelers, it is Eicher Motors and in case of PVs, M&M is actually doing well. With monsoons being good, there could be some momentum there. It is very difficult to give any single point and very difficult to paint everything with the same brush. But having said that for the consumer or the consumption space, all those factors will play for auto whether it is interest rates, tax cuts, inflation and all that stuff which ideally should be positive for having said that, the groundwork is there but one needs to see how in the coming festival season in particular the auto sales go. But if you go by the current numbers, M&M and Eicher are the two stocks which really continue to look to the benign crude prices, if you look at the oil marketing companies like HPCL, IOC, etc, over the past few months, these stocks have done well and numbers expectations are also built in. So, a lot here will depend on how the crude prices behave. Among oil exploration companies, we have been positive on Oil India in the if the oil prices remain benign, then in some of the refining and the marketing companies, the losses will not come from marketing and those counters can see some stability or an upside from the defence stocks, particularly after Operation Sindoor, for the next one, one-and-a-half months, there was a very sharp rally in many of these stocks and many of them gave 20-25% return from those levels. Sometimes these stocks go up but the fundamentals take time to catch up. Now, the order books are growing, the growth is there, but the numbers are not going to dramatically change from here. In the long term, these stocks continue to look good whereas in the near term, many of these stocks will move sideways to weak movements and that is a part of what happens naturally with many of the stocks.
Time of India
6 days ago
- Automotive
- Time of India
Eicher Motors Share Price Live Updates: Eicher Motors experiences a dip in returns
25 Jul 2025 | 09:21:46 AM IST Stay informed with the Eicher Motors Stock Liveblog, your comprehensive resource for real-time updates and in-depth analysis of a leading stock. Get the latest details on Eicher Motors, including: Last traded price 5440.5, Market capitalization: 149988.55, Volume: 15365, Price-to-earnings ratio 31.68, Earnings per share 172.63. Our liveblog combines fundamental and technical insights to provide a holistic view of Eicher Motors's performance. Stay ahead of the market with breaking news that can influence Eicher Motors's trajectory. Our expert analysis and stock recommendations empower you to make well-informed financial decisions. Trust the Eicher Motors Stock Liveblog for up-to-date information and expert insights. The data points are updated as on 09:21:46 AM IST, 25 Jul 2025 Show more
Time of India
7 days ago
- Automotive
- Time of India
Eicher Motors Share Price Live Updates: Eicher Motors sees a positive shift in price
24 Jul 2025 | 09:55:49 AM IST Discover the Eicher Motors Stock Liveblog, your go-to destination for real-time updates and comprehensive analysis of a top-performing stock. Keep track of Eicher Motors's latest details, including: Last traded price 5485.0, Market capitalization: 150454.78, Volume: 50184, Price-to-earnings ratio 31.78, Earnings per share 172.63. Our liveblog offers a holistic view of Eicher Motors by examining both fundamental and technical indicators. Stay ahead of market trends with breakingnews that can impact Eicher Motors's performance. Our market analysis and expert opinions provide valuable insights to guide your investment decisions. Join us on the Eicher Motors Stock Liveblog and stay informed in this dynamic market landscape. The data points are updated as on 09:55:49 AM IST, 24 Jul 2025 Show more
Mint
23-07-2025
- Automotive
- Mint
Eicher Motors Q1 Results: Royal Enfield manufacturer to announce June quarter results on THIS date
Eicher Motors, a global leader in the middleweight motorcycle segment, is expected to announce its financial performance for the June quarter on Thursday, July 31, 2025, as the company informed investors through a regulatory filing today. "The board of directors of the company will meet on Thursday, July 31, 2025, inter alia, to consider and approve the unaudited standalone and consolidated financial results of the Company for the first quarter ended June 30, 2025," the company said. Domestic brokerage firm Axis Securities expects the company's standalone revenue to increase by 16.4% YoY (but down 3.6% QoQ) to ₹ 4,925 crore. It projects EBITDA to drop on both a QoQ and YoY basis to ₹ 1,162 crore, with margins contracting 425 basis points YoY and 109 basis points compared to the preceding March quarter. The brokerage notes that higher marketing expenses and new product launch costs are being partly offset by operating leverage benefits. It also expects the company to report a profit after tax of ₹ 1,042 crore, a 4.2% YoY and 7.4% QoQ drop. While HDFC Securities estimates the company's revenue would be at ₹ 4,812 crore, a 13.7% YoY jump but a 5.8% QoQ drop, it also expects EBITDA margin to decline QoQ to 24.0% on the back of higher RM cost, negative operating leverage, and expectations of continuing higher branding and marketing spends. The brokerage estimates realisation to remain flattish QoQ, as the price hike was taken late into the quarter. While a better export mix and higher cc bikes are expected, this is likely to be negated by a higher mix of Hunter 350. On the bottom line, the brokerage expects the company to report a net profit of ₹ 1,022 crore, a marginal 0.4% QoQ jump, but expects it to drop by 9.2% on a YoY basis. InCred Equities projects the company to report higher revenue of ₹ 5,086 crore, a 15.8% YoY jump but a 3% QoQ drop. It expects EBITDA to be at ₹ 1,236 crore and projects net profit at ₹ 1,211 crore, an 18.61% YoY rise but an 11.1% contraction compared to the preceding March quarter. On the volume front, the brokerage estimates Q1 volumes to come in at 2.87 lakh units, 16.9% higher than the previous quarter of last fiscal. Disclaimer: This story is for educational purposes only. The views and recommendations made above are those of individual analysts or broking companies, and not of Mint. We advise investors to check with certified experts before making any investment decisions.
