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Why Eicher Motors is one of the worst performing stocks on Nifty today

Updated : March 29, 2019 12:17 PM IST

Eicher Motors stock has lost 27 percent in FY19 and is down 11 percent since the beginning of this year
BofA-ML downgraded the stock to underperform on near-term margin pressure
The brokerage also cut its target price to Rs 19,000 from Rs 26,000 per share
Why Eicher Motors is one of the worst performing stocks on Nifty today

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