By Admin 
Eicher Motors Stock Surge: There is a tremendous rise in the shares of Eicher Motors in the Indian stock market on Wednesday, 11 February. During the trading day, the company shares rose by about 6 percent to reach the level of Rs 7744. During this period, the company shares also touched their all-time high level.
The main reason behind this increase is being said to be the increase in the company’s consolidated net profit and revenue in the December quarter. This strong surge has also strengthened the confidence of investors. Let us know how the company is performing in the stock market…
Company’s condition in stock market
There was a surge in the shares of Eicher Motors on BSE at around 1:35 pm on Wednesday afternoon. Company shares were trading at Rs 7744 with a rise of 6.14 percent or Rs 447.75. The shares started the day at Rs 7496.25.
The intraday high of the day was Rs 7803. During the trading day itself, the company shares made its 52-week high level, which is Rs 7803. Talking about the company’s 52-week low level, during this period the shares had fallen to Rs 4644.10.
Company’s quarterly results were excellent
Eicher Motors has registered tremendous growth in the third quarter of its financial year 2026. Talking about the figures, the consolidated net profit of the company has reached Rs 1,420 crore during this period. Which shows an increase of 21 percent from the same quarter last year.
At the same time, a growth of 23 percent has been recorded in the operational revenue of the company and this figure has reached Rs 6,114 crore. The direct impact of these results has been seen on the company shares. Besides, investors are also showing more confidence in the company than before.
Advice from brokerage firm Motilal Oswal
Brokerage firm Motilal Oswal has adopted a cautious approach regarding the shares of Eicher Motors and advised to sell it. The firm has fixed its target price at Rs 6,313. This means that there is a possibility of a decline of about 13 percent in the stock from the current level.
The report also says that the company’s management is expecting high single digit growth in the entire industry in the financial year 2027. There is a possibility of Eicher Motors to outperform the market.
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