Previous Close | 4,721.00 |
Open | 4,697.00 |
Bid | 4,878.10 x 0 |
Ask | 4,881.00 x 0 |
Day's Range | 4,692.50 - 4,915.25 |
52 Week Range | 3,272.35 - 5,104.50 |
Volume | |
Avg. Volume | 13,160 |
Market Cap | 1.341T |
Beta (5Y Monthly) | 0.57 |
PE Ratio (TTM) | 32.10 |
EPS (TTM) | 152.49 |
Earnings Date | Nov 08, 2024 - Nov 12, 2024 |
Forward Dividend & Yield | 51.00 (1.08%) |
Ex-Dividend Date | Aug 07, 2024 |
1y Target Est | 26,699.00 |
BENGALURU (Reuters) -India's Eicher Motors, which makes the Royal Enfield line of motorcycles, reported a bigger-than-expected first-quarter profit on Thursday, helped by strong sales of higher-margin models such as the Himalayan 450. The company's profit rose almost 20% year-on-year to 11.01 billion rupees ($131.2 million) in the April-June quarter, beating analysts' average estimate of 10.14 billion rupees, as per LSEG data. Eicher clocked record-high sales in the previous two fiscal years due to strong demand from urban consumers, its key demographic.
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.
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.