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.

— FiledMon, 25 May, 2026, 20:09 IST·First seen Mon, 25 May, 2026, 20:09 IST·Source Moneycontrol · News Web

What happened

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,

Key facts

  • 5.5%
  • 1.2 million units FY26
  • Rs 8,200 target

Why this matters

Royal Enfield's widening lead in mid-size motorcycles raises the bar for any aspiring premium two-wheeler entrant and makes adjacent platform tie-ups or distribution partnerships the more realistic M&A path.

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