Fresh investments can be put on hold till the fund proves itself in a rallying market as well. A weak macro economic environment and high interest rates do not bode well for mid and small-cap stocks.

Buoyed by the increase demand for its motorcycles, the maker of Royal Enfield, Eicher Motors Limited has signed a MoU with the government of Tamil Nadu to invest INR 350 crore in the state for the period of 5 years.

Visionary bike companies should market motorcycles to women. Not only would it be a distinctive, memorable, brand-building exercise; it would also increase the number of female riders in this country Urvashi Patole, 23, rode her first motorbike, ...

Nirmal Bang is bullish on Eicher Motors and has recommended buy rating on the stock with a target of Rs 2578 in its May 17, 2012 research report.

Eicher Motors reported that its consolidated profit after tax for the first quarter of 2012 increased 33.3% to INR1.63bn (US$30m) compared to INR1.23bn in 2011.