Business Standard

Eicher Motors Royal Enfield

Nuvama bets on M&M, TVS Motor & Uno Minda ahead of November auto sales data

On the bourses, M&M has gained about 6% over the past month, while Uno Minda has surged more than 6%. On the flipside, TVS Motor dropped over 1%. In comparison, BSE Auto index declined nearly 2.5%

Nuvama bets on M&M, TVS Motor & Uno Minda ahead of November auto sales data
Updated On : 29 Nov 2024 | 8:21 AM IST

Eicher Motors up 8%; Royal Enfield rides past 'toughest phase': Analysts

Eicher's stock rose more than 8.3 per cent and was the top gainer on the Nifty auto index, which was up about 1 per cent

Eicher Motors up 8%; Royal Enfield rides past 'toughest phase': Analysts
Updated On : 14 Nov 2024 | 3:04 PM IST

Brokerages mixed on Eicher Motors after Q2 results; stock jumps 8%

Japan-based brokerage Nomura has upgraded Eicher Motors to a 'Neutral' rating from 'Reduce' and raised its target price from Rs 4,102 to Rs 4,391

Brokerages mixed on Eicher Motors after Q2 results; stock jumps 8%
Updated On : 14 Nov 2024 | 10:27 AM IST

Royal Enfield total sales increase 11% to 86,978 units in September

Motorcycle maker Royal Enfield on Wednesday said its total wholesales increased 11 per cent year-on-year to 86,978 units in September. The company had dispatched 78,580 units in September 2023. In the domestic market, dispatches increased 7 per cent year on year to 79,326 units from 74,261 units in the year-ago period, Royal Enfield said in a statement. Exports increased from 4,319 units in September last year to 7,652 units last month. "We have registered steady growth in the month of September owing to our recent launches. The 2024 Classic 350 has continued to solidify its iconic status and popularity among riders and has been performing well," Royal Enfield CEO B Govindarajan said. As the company continues to innovate and deliver pure motorcycling experience, the momentum will only accelerate, he added.

Royal Enfield total sales increase 11% to 86,978 units in September
Updated On : 02 Oct 2024 | 5:41 PM IST

Eicher Motors strong Q1 overshadowed by weak Bullet 350 sales, growth woes

The Bullet 350 model saw 14 per cent volume drop in Q1FY25, reflecting limited acceptance of the new model. Similarly, the Hunter 350, launched in FY23, saw an 8 per cent volume decline.

Eicher Motors strong Q1 overshadowed by weak Bullet 350 sales, growth woes
Updated On : 09 Aug 2024 | 9:46 AM IST

Brokerages mixed on Eicher Motors after Q4; check latest target prices

Overall, Eicher Motors reported promising numbers, with profits surging over 31 per cent to Rs 983.3 crore in Q4FY24, compared to Rs 747 crore in Q4FY23

Brokerages mixed on Eicher Motors after Q4; check latest target prices
Updated On : 13 May 2024 | 2:20 PM IST

Eicher Motors' Q4 PAT rises 18%, Royal Enfield sales hit record high

On a sequential basis, the company's PAT rose 7.48%, while the revenue rose by 1.85%

Eicher Motors' Q4 PAT rises 18%, Royal Enfield sales hit record high
Updated On : 11 May 2024 | 3:00 PM IST

Royal Enfield wholesales increase 6% in February, exports rise 13%

Motorcycle maker Royal Enfield on Friday reported a 6 per cent year-on-year increase in wholesales to 75,935 units in February. The company, a part of Eicher Motors, had dispatched 71,544 units in the same month last year. Domestic sales were at 67,922 units last month as against 64,436 units in the year-ago month, a growth of 5 per cent, Royal Enfield said in a statement. Exports rose 13 per cent to 8,013 units compared to 7,108 units in February 2023, it added. "Over the last few months, while our new motorcycle launches have done exceedingly well, our existing motorcycles have also contributed to our strong growth momentum across bookings and retails," Royal Enfield CEO B Govindarajan said. "As we come to the close of the financial year, we are confident of a strong and healthy overall performance, and believe that we can continue this momentum for the next year as well," he said.

Royal Enfield wholesales increase 6% in February, exports rise 13%
Updated On : 01 Mar 2024 | 2:37 PM IST

Royal Enfield sales rise 2% at 76,187 units in Jan, exports decline

Motorcycle maker Royal Enfield said on Thursday its total vehicle sales grew 2 per cent year-on year to 76,187 units in January 2024. The company had sold a total of 74,746 motorcycles in January 2023. The domestic sales were up 4 per cent at 70,556 motorcycles last month compared to 67,702 units while exports declined 20 per cent at 5631 units from 7044 units in January 2023, it stated. "Our recently launched motorcycles continue to perform well across markets, and we have had a great start to the new year. We are confident that we will sustain our growth momentum for months to come," said B Govindarajan, CEO at Royal Enfield.

Royal Enfield sales rise 2% at 76,187 units in Jan, exports decline
Updated On : 01 Feb 2024 | 5:45 PM IST

Harley's most affordable bike X440 delivery to begin on October 15

The bike was launched at a starting price of Rs 2.29 lakh, however, it was later raised by Rs 10,500 to Rs 2,39,500

Harley's most affordable bike X440 delivery to begin on October 15
Updated On : 05 Oct 2023 | 1:59 PM IST

Eicher Motor unveil 2023 Royal Enfield Bullet starting at Rs 1,73,562

Booking in India begins today, with retails and test rides starting from September 3

Eicher Motor unveil 2023 Royal Enfield Bullet starting at Rs 1,73,562
Updated On : 01 Sep 2023 | 2:47 PM IST

Royal Enfield plans to launch its first electric bike in two years

The company is evaluating the market requirements and the business prospect for electric motorcycles in the country

Royal Enfield plans to launch its first electric bike in two years
Updated On : 04 Aug 2023 | 12:05 PM IST

Harley Davidson X440 to cost Rs 10,500 more; now starting at Rs 2,39,500

The company said that the production capacity has been ramped up in response to the demand trends

Harley Davidson X440 to cost Rs 10,500 more; now starting at Rs 2,39,500
Updated On : 02 Aug 2023 | 11:24 AM IST

Eicher Motors July sales: Total sales up 32% YoY, global business down 22%

Sales for the company in up to 350cc segment vehicles went up by 39 per cent YoY as the volumes grew from 46,336 in July 2022 to 64,398 in July 2023

Eicher Motors July sales: Total sales up 32% YoY, global business down 22%
Updated On : 01 Aug 2023 | 7:32 PM IST

Royal Enfield to launch 3 products in 350-450cc segment within a year

The products will include an all-new Bullet which is likely to be launched in early September, along with an all-new Himalayan (K1G) with a liquid-cooled engine

Royal Enfield to launch 3 products in 350-450cc segment within a year
Updated On : 11 Jul 2023 | 3:30 PM IST

Triumph brings Speed 400, Scrambler 400X to India at Rs 233,000 onwards

The Speed 400 will be available in the second half of July and the Scrambler 400 X will be available by October this year

Triumph brings Speed 400, Scrambler 400X to India at Rs 233,000 onwards
Updated On : 05 Jul 2023 | 2:54 PM IST

Eicher Motors cracks 6% as Hero Moto-Harley Davidson tie up for X440 bike

Priced at Rs 2.29 lakh, X440 motorbike will directly compete with Eicher Motors' Royal Enfield Classic 350's starting price of Rs 1.93 lakh and the Hunter 350's Rs 1.5 lakh

Eicher Motors cracks 6% as Hero Moto-Harley Davidson tie up for X440 bike
Updated On : 04 Jul 2023 | 2:34 PM IST

Triumph's Speed 400 and Scrambler 400 X unveiled, India-launch on July 5

These bikes are likely to heat up competition for the market leader in the segment, Royal Enfield

Triumph's Speed 400 and Scrambler 400 X unveiled, India-launch on July 5
Updated On : 28 Jun 2023 | 2:32 PM IST

In a bid to drive volumes, Triumph to launch its 400cc bike on July 5

The pricing will play a crucial role in terms of the challenge Triumph can pose to the market leader, Royal Enfield

In a bid to drive volumes, Triumph to launch its 400cc bike on July 5
Updated On : 08 Jun 2023 | 1:21 PM IST

Royal Enfield starts delivery of E20 compatible Hunter bikes; an overview

Compared to the Bullet and the Meteor, which appear more substantial in their stance, the Hunter packs a more deceptive look and may not come across as having the same engine as the former two

Royal Enfield starts delivery of E20 compatible Hunter bikes; an overview
Updated On : 24 May 2023 | 4:24 PM IST