Eicher Motors share price target: What are Morgan Stanley, Nomura saying about Royal Enfield maker?

Eicher Motors shares remained flat on Thursday following a 21% YoY rise in Q1 FY27 net profit to Rs 1,462 crore, backed by record Royal Enfield sales. International brokerages Nomura, Morgan Stanley, and Nuvama issued mixed ratings, setting target prices between Rs 7,763 and Rs 8,900 for the motorcycle maker.

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