Eicher Motors surges 4% on UBS upgrade, sparking investor optimism.
Eicher Motors stock surges 4% on UBS ‘buy’ upgrade, reaching Rs 3,863 in morning trade. UBS raises price target to Rs 5,000, implying a 34.5% upside potential. Competitors’ lacklustre performance aids Eicher’s dominance despite new launches. Market share in premium segment rises to 45% in Q3FY24. Anticipated launch of the Roadster to bridge performance gap, … Read more