EICHERMOT

Eicher Motors: Steady Ride, Speed Bumps Ahead

Morgan Stanley maintains an Equal-weight stance on Eicher Motors

, raising the target price to ₹7,763 from ₹7,578. While the long-term outlook remains stable, near-term margins may face pressure due to rising costs and regulatory headwinds. A classic case of strong fundamentals navigating short-term turbulence—worth watching closely.