Eicher Motors

rallied as much as 4 percent to Rs 5,670 in morning trade on August 1 after the company reported a 9 percent rise in consolidated net profit at Rs 1,205 crore for the quarter ended June 30, 2025. Eicher witnessed a 15 percent increase in revenue at Rs 5,042 crore in Q1 FY26. The gains come despite Morgan Stanley maintaining its Underweight rating with a target price of Rs 4,079. This implies a downside potential of 25 percent from the last close on the NSE. The management continues to focus on driving volumes over margins. However, the brokerage sees downside risks to consensus margin estimates, adding that the stock appears to be pricing in both high growth and high margins.