Thu, Jan 02, 2025
Shares of Eicher Motors today touched a life high above Rs 5300 with a strong jump of 9%, sales of both Royal Enfield and VECV are better than expected, know the full news.
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Amid broad-based buying led by auto and IT stocks, Nifty reclaimed 24,100 levels.
Stock hits Rs 5,308 with an 8.66% surge, driven by a 25% sales jump and record-breaking exports in December.
Sun, May 13, 2018
Eicher Motors, which currently has a 50:50 joint venture with Volvo for trucks and buses (VECV), had recently announced shutting of another JV -- Eicher Polaris Pvt Ltd (EPPL), which produced and sold personal utility vehicle Multix - in March this year
Wed, May 02, 2018
Riding on Royal Enfield sales, analysts have always been upbeat on Eicher Motors, even the share price in one year showed some promising performance.
Maruti Suzuki posted 14.4% jump in total sales to 1,72,986 units in April against 1,51,215 units in the year-ago month - domestic sales 1,64,978 units, up 14.2% from 1,44,492 units in April last year.
Wed, Apr 04, 2018
Most foreign brokerages such as Jefferies, CLSA etc raised target price on Eicher Motors following Tuesday's announcement. The highest target price came in at Rs 39,300 by CLSA, an upside of over 35 per cent from the current levels. Most foreign brokerages such as Jefferies, CLSA etc have raised target price on the owner of Royal Enfield with the highest target price coming in at Rs 39,300, an upside of over 35 per cent from the current levels.
Sun, Apr 01, 2018
Royal Enfield had sold 60,113 units in March 2017. In the entire fiscal, the company had sold 8,20,492 units as against 6,66,490 units in the financial year ended March 2017, up 23 per cent, Eicher Motors said in a BSE filing
Thu, Mar 15, 2018
Sensex today: The benchmark indices are expected to open lower on Thursday tracking negative trend in Asian markets, which slipped amid mounting investor concerns that growing trade tensions would hurt the global economy.
Wed, Dec 27, 2017
The new Thunderbird X twins are likely to have new handlebar, new seating, alloys, tubeless tyres and a matte black finish on the engine, suspension and exhaust.
Wed, Nov 01, 2017
Royal Enfield's models with engine capacity up to 350cc saw a large 18% growth in October as it sold 65,209 units in October 2017 from 55,188 units sold in October last year.
Sun, Oct 01, 2017
The company's cumulative sales have grown by 23% to 3,86,863 units against 3,14,424 in the corresponding period
Sat, Sep 09, 2017
Eicher Motors, Royal Enfield's parent company, stock shot up on Thursday as news of its bid to acquire Ducati went through.
Fri, Sep 08, 2017
Media reports have stated that Eicher Motors is set to offer $1.8 billion-$2 billion for Italian motorcycle manufacturer Ducati. This has taken the stock price of the company at an all-time high.
Thu, Sep 07, 2017
German carmaker Volkswagen is considering options for Ducati, including a sale of the brand, wholly controlled by VW`s Audi division.
Wed, Aug 30, 2017
From destocking at dealerships to increase in discounts, these are some of the factors due to GST which will impact the automobile sectors Q2 results.
Fri, Aug 04, 2017
Several automobile companies reported an impact due to the rollout of GST and a one-time charge incurred as they had compensate dealerships for unsold inventory.
Thu, Jun 08, 2017
Since IMD made its prediction mid April the shares of tractor manufacturers has see an growth which is higher than the stock market indices.
Thu, Jun 01, 2017
Eicher Motors' two-wheeler unit Royal Enfield once again posted a high double-digit growth during the month of May this year as it sold 60,696 units.
Mon, May 22, 2017
While passenger car companies post positive post growing in profits in Q4, two-wheelers see headwinds that resulted in poor results.
Tue, May 09, 2017
MHCV sales plummeted to 10,602 units in April 2017 from 23,515 units sold in the same month last year.
Mon, May 08, 2017
Ducati had official entered the Indian market in March 2015.
Volkswagen has already hired investment bank Evercore to evaluate the current market value of Ducati.
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