Eicher Motors Limited (EICHERMOT.NS)
| Previous Close | 4,720.65 |
| Open | 4,688.00 |
| Bid | 0.00 x 0 |
| Ask | 0.00 x 0 |
| Day's Range | 4,685.45 - 4,918.55 |
| 52 Week Range | 3,275.00 - 5,105.00 |
| Volume | |
| Avg. Volume | 592,697 |
| Market Cap | 1.342T |
| Beta (5Y Monthly) | 0.57 |
| PE Ratio (TTM) | 32.12 |
| EPS (TTM) | N/A |
| Earnings Date | N/A |
| Forward Dividend & Yield | 51.00 (1.08%) |
| Ex-Dividend Date | Aug 07, 2024 |
| 1y Target Est | N/A |
- Reuters
India's Eicher Motors roars past Q1 profit estimates on strong sales of pricier Royal Enfields
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.
- 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.
