Eicher Motors Limited, incorporated in 1982, is the listed company of the Eicher
Group in India and a leading player in the Indian automobile industry and the
global leader in middleweight motorcycles.
Eicher has a joint venture with Sweden’s AB Volvo to create Volvo Eicher
Commercial Vehicles Limited (VECV). VECV is engaged in truck and bus
operations, auto components business, and technical consulting services business.
Technical View: The stock is trailing typical down trend elite wave pattern, stock
is trailing above 50 EMA, Strong Bullish candle indicate positive signal, RSI
divergence giving buy signal and MACD crossover supporting the signal.
Volume analysis: – 1 Day Delivery volume increased by 2.9% over 5 day average,
However; 1 Month: Delivery volume fell by -46.26%, Hence; recommend BUY
signal for this share. As stock is trading above 50 EMA, BUY at 2588, Target 2650,
Target 2680, Stop loss can be kept 2515.
Moving Averages: – Titan Company Ltd. is trading higher than 5 day, 20 day,
50 day, 100 day and 200 day moving averages
5 Day 2,495.30 50 Day 2,543.54 200 Day 2,621.25
20 Day 2,481.10 100 Day 2,646.74
Date:3/01/2022
Shareholding pattern:-
Promoters holding 46.99%, The Promoter holdings have decreased by -0%.
However, the number of shares held by the Promoters has remained constant, No
change in Promoter pledged shares.
KEY RATIO:-
P/E Ratio
52.30
1-Yr Return
15.30
(Best) P/E Ratio
30.03
30 DA Vol (m)
0.05
(Best) PEG Ratio
1.43
EPS (Rs.)
49.30
Shares Outstanding (cr)
273.40
Best EPS Curr (Rs.)
74.04
Price/Book Ratio
6.16
Dividend
0.66
Price/Sales Ratio
8.13
Last Dividend
17.00