New Delhi, Feb. 11 -- Shares of Eicher Motors fell nearly 7 percent in intra-day trading on Tuesday, February 11 post its December quarter results (Q3FY25) after global brokerage firm Goldman Sachs reduced its target price following the company's Q3 FY25 earnings.

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 percent upside potential from 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...