Have sell call on Eicher Motors, says Elara Capital

Name: Have sell call on Eicher Motors, says Elara Capital
Uploaded: 2019-02-12T03:30:40+00:00
Duration: 4 min 47 s
Channel: CNBC-TV18
Description: It is a season of guidance cuts for auto makers as poor demand and higher ownership costs has hit sales this quarter. After Escorts and Mahindra and Mahindra (M&M), Eicher Motors is next in line to trim its FY19 production target. Jay Kale, vp-research at Elara Capital spoke about the latest happenings in the auto sector and gave his outlook on Eicher.

CNBC-TV18

It is a season of guidance cuts for auto makers as poor demand and higher ownership costs has hit sales this quarter. After Escorts and Mahindra and Mahindra (M&M), Eicher Motors is next in line to trim its FY19 production target. Jay Kale, vp-research at Elara Capital spoke about the latest happenings in the auto sector and gave his outlook on Eicher.

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