CLSA maintained a buy rating on Eicher Motors with a target price of Rs 4154. The stock closed at Rs 3363 on 22 August. The company is seeing a strong replacement demand which is likely to support Royal Enfield’s volume growth, CLSA said. “Exports are likely to be a key growth area. Royal Enfield’s EBITDA per vehicle is poised to climb higher,” said the note.
Eppeltone Engineers IPO opens today: All key details you need to know before subscribing
Eppeltone Engineers, an Indian energy solutions provider since 1977, launches its Rs 43.96 crore IPO on NSE SME, opening Tuesday and closing Thursday, with shares