Eicher Motors Ltd ’s Q2 show was muted, with motorbike sales falling 9% year-on-year (y-o-y). However, the company aims to accelerate growth in the coming quarters with new product launches and dealer network expansion. In fact, analysts have started to pencil-in improved sales of motorbikes in the coming quarters. Another factor that could drive sales growth is new product launches. Analysts are expecting margins to expand at a faster pace in the coming quarters.

Source: Mint November 15, 2020 15:56 UTC