Eicher Motors Share Price Target 2023, 2024, 2025, 2026, 2027, 2030, 2040, 2050, Eicher Motors Share Price Prediction, Eicher Motors Price Forecast
Eicher Motors Share Price Target 2023, 2024, 2025, 2026, 2027, 2030, 2040, 2050, Eicher Motors Share Price Prediction, Eicher Motors Price Forecast

Eicher Motors Share Price Target 2023, 2024, 2025, 2026, 2030

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Eicher Motors Ltd is an Indian multinational automotive company headquartered in Gurgaon, Haryana, India. It is the parent company of Royal Enfield, a well-known motorcycle brand. Eicher Motors has a rich history that dates back to 1948 when it entered into a strategic partnership with AB Volvo of Sweden to manufacture commercial vehicles in India.Eicher Motors has two main business divisions: the Royal Enfield division and the VE Commercial Vehicles (VECV) division. Royal Enfield is a renowned motorcycle manufacturer known for its classic and retro-styled motorcycles. It is one of the oldest motorcycle brands in continuous production, tracing its roots back to the early 20th century in the United Kingdom. Royal Enfield motorcycles are highly popular in India and have a growing international presence. In this Article we will discuss about Eicher Motors Share Price Target 2023, 2024, 2025, 2026, 2027, 2028, 2029, 2030.

Business Model of Eicher Motors

The business model of Eicher Motors Ltd revolves around two main divisions: the Royal Enfield division and the VE Commercial Vehicles (VECV) division. Here’s an overview of their business models:

  1. Royal Enfield Division:
    • Product Focus: Eicher Motors’ Royal Enfield division primarily focuses on designing, manufacturing, and selling motorcycles. Their motorcycles are known for their classic and retro styling, which appeals to a niche segment of customers seeking a unique riding experience.
    • Differentiation: Royal Enfield differentiates itself by offering motorcycles with a distinctive vintage design, robust build quality, and a strong emphasis on rider engagement. They cater to customers looking for a blend of style, heritage, and performance.
    • Branding and Marketing: Royal Enfield has cultivated a strong brand identity and a passionate community of riders. They leverage their brand heritage and create an aspirational appeal through various marketing and experiential initiatives. They also have an active presence on social media and organize events to engage with their customer base.
    • Distribution Network: Eicher Motors has established a wide distribution network of dealerships and showrooms across India and internationally. They continuously expand their network to reach more customers and provide an immersive brand experience.
  2. VE Commercial Vehicles (VECV) Division:
    • Product Range: Eicher Motors’ VECV division manufactures and sells a range of commercial vehicles, including trucks and buses. They offer different variants and configurations to cater to diverse customer requirements.
    • Joint Venture: VECV is a joint venture between Eicher Motors and the Volvo Group. This partnership combines Eicher’s expertise in the Indian market with Volvo’s global experience and technological capabilities, enabling VECV to deliver high-quality vehicles.
    • Market Presence: VECV has a strong presence in the Indian commercial vehicle market and has expanded its operations to other countries. They serve various industries, including logistics, construction, and public transportation.
    • After-Sales Support: VECV focuses on providing comprehensive after-sales support to its customers, including maintenance services, spare parts availability, and technical assistance. They aim to build long-term relationships and ensure customer satisfaction.

Shareholding of Eicher Motors Limited

Shareholders Name%Shareholding
Promoters49.20%
Foreign Institutions28.63%
Retail and Others12.33%
Mutual Funds7.09%
Others2.75%

Eicher Motors Share

Eicher Motors Limited Share listed on the Bombay Stock Exchange (BSE) and National Stock Exchange of India (NSE).
As of May 16, 2023, Eicher Motors’s share price on the NSE was INR 3611/- Eicher MotorsShare 52 week high at Rs. 3889.65/- & 52 week low Rs.2494.54/-. The P/E Ratio of Eicher Motors Share is 33.94 & Dividend Yield is 0.58%.

Company NameEicher Motors Ltd
Share NameEICHERMOT
SectorAutomobiles
HeadquaterNew Delhi
Foundation1948
Key PersonS Scindilya (Chairman)
Market Cap99297.06 Crores Rs.
Revenue14,066/-Crore Rs
Official WebsiteClick Here
Eicher Motors Share Details

Eicher Motors Share Price Target 2023, 2024, 2025, 2026, 2027, 2028, 2029, 2030, 2040, 2050

YearFirst TargetSecond Target
202337003950
202441004660
202547505400
202656005950
202762006850
202871007950
202982009100
2030935010200
20402750028600
20506850070700
Eicher Motors Share Price Target List

Note:- “That these share price targets for “Eicher Motors Share” are only provided for the purpose of reference and that this prediction will only hold true in the event that there is optimism in the market. Any uncertainties regarding the company or the current state of the global market will not be addressed in this analysis.”

Annual Result Summary of Eicher Motors Limited

Here is a summary of Eicher Motors’s annual results for the financial year 2021-2022:

  1. Revenue: Eicher Motors’s revenue for the year ended March 31, 2022, was INR 14066.64 crore, which represents increase of 38.95% compared to the previous year.
  2. Net profit: The company’s net profit for the year was INR 2622.59 crore, an increase of 65.33% compared to the previous year.
  3. Earnings per share (EPS): The earnings per share for the year was INR 91.91, which represents a growth of 65.30% compared to the previous year.
  4. EBITDA: The company’s EBITDA for the year was 19.83.

Eicher Motors Share Price Target 2023

Eicher Motors operates with a customer-centric approach, aiming to deliver value and meet the specific needs of its target markets. They focus on product differentiation, brand building, and an extensive distribution network to drive growth and maintain a competitive edge in the motorcycle and commercial vehicle segments.
Eicher Motors share price target 2023 are as follows –

Target Year1st Target2nd Target
2023₹3700₹3950

Eicher Motors Share Price Target 2024

Eicher Motors, a prominent player in the automotive industry, has established itself as a powerhouse of manufacturing excellence and innovation. With a diverse product portfolio spanning commercial vehicles and motorcycles, Eicher Motors has cemented its position as a market leader in India and has made significant strides in international markets. This article delves into the journey of Eicher Motors, its key achievements, and its promising future.
Eicher Motors share price target 2024 are as follows –

Target Year1st Target2nd Target
2024₹4100₹4660

Eicher Motors Share Price Target 2025

Eicher’s commercial vehicle division, Eicher Trucks and Buses, has become synonymous with reliability and efficiency. Its range of trucks, buses, and chassis are renowned for their robust build quality and superior performance. Eicher’s unwavering focus on understanding customer needs and delivering tailor-made solutions has earned it the trust of businesses across various industries.
Eicher Motors share price target 2025 are as follows –

Target Year1st Target2nd Target
2025₹4750₹5400

Eicher Motors Share Price Target 2026

Eicher’s success in the commercial vehicle segment can be attributed to its customer-centric approach. The company invests significant resources in understanding the unique requirements of its customers and continuously improving its product offerings. By providing innovative solutions that enhance productivity and reduce operating costs, Eicher Motors has emerged as a trusted partner for businesses across various sectors.
Eicher Motors share price target 2026 are as follows –

Target Year1st Target2nd Target
2026₹5600₹5950

Eicher Motors Share Price Target 2027

The partnership with Volvo has enabled Eicher Motors to leverage advanced technologies, enhance its product offerings, and expand its global footprint. VECV has introduced a wide range of world-class trucks, buses, and engines that have set new benchmarks in terms of performance, efficiency, and safety. The synergies between Eicher Motors and Volvo have created a formidable force in the commercial vehicle segment, empowering businesses with state-of-the-art transportation solutions.
Eicher Motors share price target 2027 are as follows –

Target Year1st Target2nd Target
2027₹6200₹6850

Eicher Motors Share Price Target 2028

Royal Enfield, the motorcycle division of Eicher Motors, has carved a niche for itself in the highly competitive motorcycle market. Known for their classic design, thumping engines, and unparalleled riding experience, Royal Enfield motorcycles have garnered a passionate following of riders from around the world.
Eicher Motors share price target 2028 are as follows –

Target Year1st Target2nd Target
2028₹7100₹7950

Eicher Motors Share Price Target 2029

Recognizing the growing demand for its products worldwide, Eicher Motors has strategically expanded its presence in international markets. The company has established manufacturing facilities and distribution networks in several countries, enabling it to cater to the needs of a diverse global customer base.
Eicher Motors share price target 2029 are as follows –

Target Year1st Target2nd Target
2029₹8200₹9100

Eicher Motors Share Price Target 2030

Eicher Motors has firmly established itself as a trailblazer in the automotive industry, with a strong presence in both the commercial vehicle and motorcycle segments. Through its unwavering commitment to quality, innovation, and sustainability, the company has gained the trust and loyalty of customers worldwide.
Eicher Motors share price target 2030 are as follows –

Target Year1st Target2nd Target
2030₹9350₹10200

Joint venture & Subsidiaries of Eicher Motors Limited

Eicher Motors Ltd has a joint venture and subsidiaries. Here are the details:

  1. Joint Venture:
    • VE Commercial Vehicles Ltd (VECV): VECV is a 50:50 joint venture between Eicher Motors Ltd and the Volvo Group. It was established in 2008 and operates in the commercial vehicle segment. VECV manufactures and markets a range of trucks and buses under the Eicher brand. The joint venture combines Eicher’s local market knowledge and manufacturing expertise with Volvo’s global experience and technology.
  2. Subsidiaries:
    • Royal Enfield: Royal Enfield is a subsidiary of Eicher Motors Ltd. It is a renowned motorcycle brand known for its classic and retro-styled motorcycles. Royal Enfield has its own manufacturing facilities, product development, and marketing teams. It operates independently within the Eicher Motors group and contributes significantly to the company’s revenue and growth.
    • Eicher Polaris Private Ltd: Eicher Polaris Private Ltd was a joint venture between Eicher Motors and Polaris Industries. The joint venture was formed to manufacture and sell personal utility vehicles (Polaris Multix) in India. However, as of my knowledge cutoff in September 2021, reports suggest that the joint venture had been dissolved and the production of the Polaris Multix had been discontinued. It is advisable to refer to official sources or the company’s latest updates for the most accurate information regarding Eicher Polaris.

Dividend History of Eicher Motors Share

Here is a brief overview of Eicher Motors’s dividend history over the past few years:

  • In 2022, Company declared a final dividend of Rs. 21 per share.
  • In 2021, Company declared a final dividend of Rs. 17 per share.
  • In 2020, Company declared a final dividend of Rs. 125 per share.
  • In 2019, Company declared a final dividend of Rs. 125 per share.

Future of Eicher Motors Share

1. Embracing Electric Mobility

As the world moves towards a more sustainable future, Eicher Motors recognizes the importance of electric mobility. By leveraging advanced technologies and collaborating with strategic partners, Eicher Motors aims to lead the electric mobility revolution and provide customers with eco-friendly transportation solutions.

2. Advancing Technological Innovation

Eicher Motors has always been at the forefront of technological innovation, and the future will be no different. The company will continue to invest in cutting-edge research and development to bring forth advanced features and technologies in its vehicles.

3. Expanding Global Presence

Eicher Motors has already made significant inroads into international markets, and its global expansion will remain a key focus in the future.

4. Strengthening Customer Engagement and Satisfaction

Customer-centricity has always been a core value for Eicher Motors, and it will remain a top priority in the future. The company will continue to enhance its customer engagement initiatives, focusing on delivering personalized experiences and building lasting relationships.

5. Nurturing Talent and Fostering Innovation

To drive its future success, Eicher Motors recognizes the importance of nurturing talent and fostering a culture of innovation within the organization. The company will continue to invest in its workforce, providing training, development opportunities, and a conducive environment for creativity and collaboration.

Risk of Eicher Motors Share

Here are some common risks associated with Eicher Motors:

  1. Market Competition: Eicher Motors operates in a highly competitive automotive industry. The company faces competition from domestic and international manufacturers in both the motorcycle and commercial vehicle segments. Intense competition can impact market share, pricing, and profitability.
  2. Economic Factors: Eicher Motors’ performance is influenced by macroeconomic factors such as economic growth, inflation rates, interest rates, and currency exchange rates. Economic downturns or fluctuations can affect consumer purchasing power, demand for vehicles, and overall business conditions.
  3. Regulatory Environment: The automotive industry is subject to various regulations and government policies related to emissions, safety standards, taxation, and import/export restrictions. Changes in regulations can impact production costs, product portfolio, and market demand.
  4. Raw Material Prices: Eicher Motors relies on various raw materials such as steel, aluminum, rubber, and plastics for manufacturing its vehicles. Fluctuations in raw material prices can impact production costs and profitability. Volatile commodity prices can be influenced by factors such as global demand, supply disruptions, and geopolitical events.
  5. Technological Disruption: The automotive industry is experiencing rapid technological advancements, including electric vehicles, autonomous driving, and connectivity features. Eicher Motors needs to continually invest in research and development to stay competitive and adapt to evolving customer preferences and regulatory requirements.
  6. Supply Chain Disruptions: Eicher Motors’ operations depend on a complex supply chain that involves sourcing components and materials from various suppliers. Disruptions in the supply chain, such as natural disasters, geopolitical events, or labor disputes, can impact production schedules, product availability, and customer satisfaction.
  7. Product Quality and Safety: Any quality issues or safety-related concerns with Eicher Motors’ vehicles can lead to reputational damage, product recalls, and potential legal liabilities. Maintaining high product quality standards and addressing safety concerns are essential for sustaining customer trust.
  8. Currency Fluctuations: Eicher Motors exports its products to international markets, which exposes the company to foreign exchange risks. Currency fluctuations can impact the cost of imports, exports, and profitability, especially if the company’s revenues and expenses are denominated in different currencies.

FAQs –

What is the history of Eicher Motors?

Eicher Motors was founded in 1948 and initially focused on manufacturing tractors. Over the years, the company diversified its offerings and ventured into the commercial vehicle and motorcycle segments.

Which brands come under the Eicher Motors umbrella?

Eicher Motors is the parent company of Eicher Trucks and Buses, known for its commercial vehicles, and Royal Enfield, renowned for its motorcycles.

How has Eicher Motors performed financially in recent years?

Eicher Motors has demonstrated robust financial performance, showcasing consistent growth and profitability in the market.

What is the stock price target for Eicher Motors in 2023?

Stock price target for eicher motors in 2023 is Rs.3800 to Rs.4100/-

What will be the share price of Eicher Motors in next 5 years?

in next 5 years Eicher Motors share will be Rs.7200 to Rs.8000/-.

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