Eicher Motors jumps 3% on rise in two-wheeler sales

Shares of Eicher Motors jumped over three per cent on the bourses today after the company's two-wheeler division, Royal Enfield, reported a 42 per cent jump in total sales at 57,398 units in December 2016.
On BSE, the scrip opened at Rs 22,222 to hit a high of Rs 22,851. At 1225 hrs, it was trading at Rs 22,520.05, up 3.25 per cent from previous close.
The stock opened at Rs 22,400 on NSE and jumped to an early high of Rs 22,848. At 1225 hrs, it was quoting at Rs 22,520, up 3.29 per cent from previous close.
The company sold 57,398 two-wheelers in December 2016 as compared to 40,453 units in December 2015, Eicher Motors said in a BSE filing yesterday.