Jan 9, 2019

Eicher Motors - Investment View

This company has been performing extra ordinarily in terms of all the financial parameters of growth and return. The stock is also rewarding the astounding performance of the company likewise by rising continuously and becoming one of the best performing shares in Indian stock market history and wealth generation category.

It got beaten up from its recent highs of 33500 to 20200 levels as of this writing.
The price to earning ratio is 25 which makes it an attractive buy for an investor and we are saying this because a company growing at such a pace as Eicher, will command this much valuation.
We believe an easy return from this levels down few months.
Pls check out the weekly chart for reference. However the call has been from a fundamental analysis perspective.

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