Eicher Motors jumps 5.5% as Royal Enfield clears 1.2M FY26 units; HSBC lifts target to Rs 8,200

Q4 print beat estimates as Royal Enfield rode the GST cut to cross 1.2 million units in FY26. HSBC raised its target to Rs 8,200, arguing the premium valuation is justified by growth running ahead of the industry.

— Filed Mon, 25 May, 2026, 20:09 IST · Source Moneycontrol · News Web · Updated

Eicher Motors shares rose 5.5% after Q4 beat, with Royal Enfield crossing 1.2 million unit sales in FY26 aided by GST cut. HSBC raised target to Rs 8,200, citing premium valuation justified by stronger-than-industry growth trajectory.

Also reported by