Eicher Motors
Eicher Motors stock zooms 6%! Brokerages turn bullish after blockbuster Q4 results
Mumbai/IBNS: The share prices of Eicher Motors surged sharply on Monday, with the stock rallying nearly 6 percent during the session, media reports said.
The rally came after several global brokerages issued positive views on the Royal Enfield-maker following its robust fourth-quarter performance for FY26.
Brokerages including Morgan Stanley and Jefferies reportedly maintained bullish outlooks on the stock after the company announced its March quarter earnings last Friday.
Eicher Motors shares opened 3.6 percent higher at Rs 7,237 apiece on Monday.
Eicher Motors beats market estimates
Eicher Motors, the parent company of Royal Enfield, reported stronger-than-expected Q4 FY26 results driven by robust motorcycle sales and improved margins.Key highlights of Q4 FY26 results
- Net profit rose nearly 12 percent year-on-year to around Rs 1,520 crore
- Revenue increased about 16 percent YoY to roughly Rs 6,080 crore
- EBITDA margins improved to nearly 25 percent, reflecting stronger operational efficiency
- The company announced a final dividend of Rs 82 per share for FY26
Strong Royal Enfield demand boosts outlook
The company’s performance was largely supported by strong demand for Royal Enfield motorcycles in the domestic market, particularly in the mid-size motorcycle segment.Support Our Journalism
We cannot do without you.. your contribution supports unbiased journalism
IBNS is not driven by any ism- not wokeism, not racism, not skewed secularism, not hyper right-wing or left liberal ideals, nor by any hardline religious beliefs or hyper nationalism. We want to serve you good old objective news, as they are. We do not judge or preach. We let people decide for themselves. We only try to present factual and well-sourced news.
Support objective journalism for a small contribution.
