Eicher Motors Limited (EICHERMOT.BO)
| Previous close | 4,602.80 |
| Open | 4,601.90 |
| Bid | 4,590.20 x 0 |
| Ask | 4,595.60 x 0 |
| Day's range | 4,581.00 - 4,653.35 |
| 52-week range | 3,159.20 - 4,689.55 |
| Volume | |
| Avg. volume | 20,536 |
| Market cap | 1.259T |
| Beta (5Y monthly) | 0.59 |
| PE ratio (TTM) | 32.86 |
| EPS (TTM) | N/A |
| Earnings date | N/A |
| Forward dividend & yield | 37.00 (0.80%) |
| Ex-dividend date | 14 Aug 2023 |
| 1y target est | N/A |
- Reuters
India's Eicher expects Royal Enfield motorcycle exports to pick up after two-year slump
BENGALURU (Reuters) -India's Eicher Motors said on Tuesday that it expects international sales of its Royal Enfield motorcycles to pick up in the next two to three quarters after struggling with exports for nearly two years. Strong domestic sales of Royal Enfield, a premium-priced motorcycle, helped Eicher post a bigger-than-expected 12.3% jump in revenue to 41.79 billion rupees ($504 million) for the October-December quarter. However, Royal Enfield exports, as a share of total sales, were just 6.4% in the quarter, compared with a peak of 16.8% in fiscal 2022, nearly two years back.
- Reuters
India's Eicher Motors posts record Q2 profit on strong Royal Enfield sales
BENGALURU (Reuters) -India's Eicher Motors reported a larger-than-expected rise in second-quarter profit on Friday, helped by strong sales of its Royal Enfield motorcycles. Eicher, which also makes buses and trucks, said its consolidated net profit rose 54.7% to a record 10.16 billion rupees ($122 million) in the three months to Sept. 30 from a year earlier. Analysts, on average, had expected a profit of 9.29 billion rupees, per LSEG data.
- Investing.com
Eicher Motors shares surge following Jefferies' bullish outlook and upgraded target price
Shares of Eicher Motors, the parent company of Royal Enfield, surged almost 4% on Tuesday, making it the top performer on the NSE Nifty 50. The stock was trading at Rs 3,500 as of midday, marking a 3.35% increase from its closing price on Monday.
