Eicher Motors Share Price Target 2025
Eicher Motors has seen an acceleration in sales momentum, with a 14% year-on-year growth in 2HFY25 and 23% growth in 1HFY26.
According to Jefferies, competitive pressure from players like Harley-Davidson and Triumph has reduced, allowing Royal Enfield to maintain its dominance in the market, selling around 70,000 motorcycles per month.
- Sales growth: 14% year-on-year growth in 2HFY25 and 23% growth in 1HFY26
- Exports: 64% increase over the previous period
- Monthly sales: 70,000 motorcycles, while other brands sell only 1,000-4,000 units monthly
Jefferies has maintained a Buy rating on Eicher Motors with a target price of Rs 8,000, citing strong sales growth, easing competition and opportunities in the mid-range motorcycle segment.
Author's summary: Eicher Motors' sales momentum accelerates.