CLSA on Eicher Motors | CLSA maintains a buy on the shares of Eicher Motors with a target price of Rs 4,154. The brokerage house notes that exports will likely be a key growth area and Royal Enfield's EBITDA per vehicle is poised to climb.

Nomura on Lupin | Nomura maintains a buy on the shares of Lupin with a target price of Rs 863. Stock factors in current stress. Expect base business price erosion to sustain bit at a relatively lower pace.

Nomura on Mahindra & Mahindra | Nomura maintains a buy on the shares of M&M with a target price of Rs 1,505. SUVs should be the most attractive segment to launch EVs.