Should you take a ride on Eicher Motors after Q3 earnings? Here's what brokerages recommend

<ul><li>The company's consolidated profit after tax (PAT) jumped 62.42% in the third quarter to ₹740.84 crore from ₹456.13 crore in the same period last fiscal, on the back of robust sales. The consolidated total income for Q3FY23 (October-December) was ₹3,913.32 crore against ₹2,972.79 crore a year ago during the same period.</li></ul>

Eicher Motors rises nearly 4% as company's Q3 results meet analyst estimates

Shares of Eicher Motors surged 3.8% after the company posted a rise in consolidated profit after tax of 62.42% for Q3. Total sales grew 48% in 9 months ending December 31.

Eicher Motors Q3 profit jumps 62% to ₹741 crore

<ul><li>Consolidated total income during the quarter under review stood at ₹3,913.32 crore as compared to ₹2,972.79 crore in the year-ago period, it added.</li></ul>

Utility vehicle sales rise in December, demand for entry-level cars muted

<ul><li>Utility vehicles (UV), among the fastest-growing segments, saw a 22.3% rise in sales at Maruti Suzuki India and 62.2% at Mahindra and Mahindra.</li></ul>

Eicher Motors shares fall 5% after Q2; brokerages remain mixed, some raise target prices

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<ul><li>Eicher Motors reported a 76% jump in consolidated net profit at ₹656.86 crore in Q2FY23 against a net profit of ₹373.20 crore in the same quarter a year ago.</li></ul>

Eicher Motors rises 3% to hit 52-week high on strong Q1 numbers

Shares of Eicher Motors rise 3 pc to hit 52-week high on strong Q1 numbers

Stock Check: Eicher Motors is up 17% this year; What should you do? We ask 3 analysts

<ul><li>Eicher Motors is a largecap automobile company, parent of Royal Enfield. Besides, Eicher has a joint venture with Sweden’s AB Volvo named Volvo Eicher Commercial Vehicles Limited (VECV) which makes trucks and buses.</li></ul>

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Should you take a ride on Eicher Motors after Q3 earnings? Here's what brokerages recommend

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