Eicher Motors Shares Soar: Goldman Sachs Raises Target Price to ₹9,200

• Goldman Sachs reiterates 'Buy' rating on Eicher Motors, citing improving volume momentum and earnings upgrades.
• Brokerage raises target price to ₹9,200, implying a 14.86% upside from Wednesday's closing price.
• Hunter 350 domestic volumes increased to 20,000 units/month from 15,000 units/month a year ago after GST cuts.
• Goldman Sachs expects capacity acceleration and future pay commission cycles to boost demand.
• Eicher Motors reported strong Q3FY26 results, beating revenue, EBITDA, and net profit estimates.