Business Standard

For Eicher Motors, recovery gains are already factored into the stock

Near term can see pressure on volumes due to demand, as well as supply concerns

Eicher Motors
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In the commercial vehicle segment, the company gained market share last year, led by the BS-VI portfolio and expects the gains to continue

Ram Prasad Sahu Mumbai
An aggressive launch pipeline, expanded distribution network, and strong order book for Royal Enfield are expected to help Eicher Motors benefit from a rebound in volumes once recovery takes hold.
 
Led by the Meteor 350, the company has pending bookings for over two months and is planning to launch a new model every quarter in FY22. It has also expanded its distribution network by 35 per cent and has a presence in 1,750 cities. It added 104 large-size stores and 431 studio stores last year in India and strengthened its global footprint with new stores across 60 countries.
 

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