JM Financial's Stock Idea
JM Financial is Bullish on Eicher Motors Ltd.
Idea Submitted on 26Sep,2018
  • 19 Total Ideas
  • 1 Active Ideas
  • 18 Closed Ideas
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      Buy Eicher Motors Idea
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      Idea Status :  Closed
    Time Expired
    Idea Closed at 17885
     Time Frame
     Start Price
     Target Price
     Stop Loss
     Projected Gain
    12319 (48.92% Upside)
     Returns Achieved
    -7296     -28.97%

    Today, Royal Enfield (RE) launched its much awaited 650cc Twins - Interceptor and Continental GT in the US market, starting at a competitive price of USD 5,799 and USD 5,999, respectively. The ‘Twins’ form the core of the RE’s expansion plans in the overseas market. We reiterate BUY with a target price of INR 37,500. A weak response to the new launch is the key risk to our call.

    • Stoploss not specified.(stoploss of 40% auto inserted)

    Link to Report: READ FULL REPORT

     Stock Price Movement (EOD Basis)
     C.M.P Eicher Motors
    Buy Calls: 9 Sell Calls: 2
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