Sivasankaran Kannan's Stock Idea
Sivasankaran Kannan is Bullish on Eicher Motors Ltd.
Idea Submitted on
23May,2020
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Details For Sivasankaran Kannan's
Buy Eicher Motors Idea
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Idea Status : Closed
Target Achieved
Idea Closed at 20000(07Jul,20 03:41:pm)
Idea Closed at 20000(07Jul,20 03:41:pm)
Time Frame
1year
Start Price
13946.9
Target Price
20000
Stop Loss
12600
Projected Gain
6053.1 (43.4% Upside)
Returns Achieved
6053.1 43.4%
Analysis
1. Eicher is leader in mid range aspirational motor bikes
2. New Models and pick up in 2 wheelers post covid - give strenth to its brand and sales figures
3. Great management
4. Export might do well - as trust factor might increase after recent recall of the bikes
Stock Price Movement (EOD Basis)
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