Eicher Motors shares rise 3% after Q1 profit zooms 50% YoY. Should you buy, sell or hold?

“We expect a revenue CAGR of 11% over FY23–25E driven by new products and network expansion. Recent launches such as Hunter 350cc and Meteor 650cc along with the upcoming line-up have the potential to rev up growth in the face of higher competitive intensity,” Nuvama said.

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