New Delhi, Feb. 11 -- Shares of Eicher Motors fell nearly 7 per cent in intra-day trade on Tuesday, February 11 after its December quarter results (Q3FY25) and as global brokerage firm Goldman Sachs reduced its target price on the stock.

Goldman Sachs maintained a 'Buy' rating on Eicher Motors but revised its target price downward to Rs.5,900 from Rs.6,000, implying a 12.5 per cent upside potential from the previous close. The brokerage noted that the company's Q3 performance aligned with expectations, with a deeper focus on product and marketing strategies supporting further growth. Volume momentum is expected to continue in Q4, driven by sustained demand. However, Goldman Sachs cut its FY25-27 EPS estimates by 5.4 per cent, citing high...