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.
Vedanta Q4 results today: What to expect & key things to track from earnings
Vedanta’s Q4 results expected to show decreased net profit and revenue. Production increases noted. Key factors include EBITDA performance, commodity prices impact, and updates on