Wed, Mar 20, 2024
Eicher Motors shares were in high demand on March 20 after foreign brokerage UBS double-upgraded the stock to 'buy' while raising its target price to Rs 5,000 from Rs 4,300 per share. According to UBS, the launch of Royal Enfield's upcoming 450cc platform will address competition and growth concerns.
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Wed, Feb 14, 2024
Eicher Motors share price: After market hours on Tuesday, Eicher Motors reported a 34.4 per cent year-on-year increase in consolidated net profit to Rs 996 crore for the December quarter.
Mon, Feb 12, 2024
Eicher Motors, the parent company of motorcycle maker Royal Enfield, is estimated to report a 30.9 per cent year-on-year jump in consolidated net profit to Rs 970 crore for the October-December period (Q3 FY24), according to Zee Business research.
Thu, Jul 04, 2019
With every auto company announcing their sales numbers for June 2019, the S&P BSE Auto ended at 18,139.86 on Wednesday slightly down by 15.92 points or 0.09%.
Fri, Jun 21, 2019
The charm of Royal Enfield continues to enrapture Indian hearts, and in fact, this has had a knock-on effect on its parent Eicher Motors shares outlook - experts confidence has been restored in it again.
Tue, Jun 04, 2019
Overall, the auto sector continues to register muted sales in volume terms and the same happened even in May, 2019.
Wed, May 29, 2019
Data compiled by Prudent Broking revealed that, Midcap index always traded at a valuation premium to Nifty index between August 2015 to April 2019.
Fri, May 10, 2019
During the period under review, the maker of niche Royal Enfield bikes sold 1,97,567 units, down 13 per cent from 2,26,907 in the same period last year.
Tue, Apr 02, 2019
Eicher Motors Monday announced Rs 700 crore capital expenditure plan for Royal Enfield in the current financial year.
Mon, Mar 25, 2019
Eicher Motors has been witnessing selling pressure heavily since March 12. In fact, from that day till Monday, the shares have dropped by over Rs 1,800.
Fri, Mar 08, 2019
In this segment of Zee Business, we brings to you complete market outlook of the day. Also know which shares were among the top gainers and losers of the day. Watch full video to know more.
Tue, Mar 05, 2019
In February 2019 month, a total 62,630 Royal Enfields were sold, which was a drop of 14% compared to 73,077 units in the same month of previous year.
Thu, Feb 28, 2019
The third quarter witnesses gains in Hero MotoCorp, TVS Motor, Bajaj Auto while Royal Enfield loses market shares
Tue, Feb 12, 2019
The company that is known more for its iconic Royal Enfield motorcycles than anything else, is definitely about much more than just bikes. The company is Eicher Motors and it also manufactures trucks. The Notably, Eicher Motors shares are expensive, very expensive!
Tue, Jan 08, 2019
Eicher Motors CFO Lalit Malik will take on the additional interim responsibility of the Chief Commercial Officer with immediate effect, Royal Enfield said in a statement.
Wed, Jan 02, 2019
The 30 share Sensex closed at Rs 35,891.72, jumping 363 points or 1 per cent down. While NSE Nifty50 fell 117 points or 1.1 per cent to close at Rs 10,792.50.
To investors horror, Nifty Auto has plunged by nearly 3% trading at 8,910.20. On the other hand, S&P BSE Auto nosedived by 627.40 points or 3.03% trading at 20,098.93. Almost every stock in this sector was on hotbed.
Thu, Dec 06, 2018
Investors have continued to embrace selling sentiment on Dalal Street, with Sensex and Nifty both giving away nearly 500 points and 150 points respectively. Almost everything on the benchmark indices was crumbling down.
Tue, Dec 04, 2018
Royal Enfield, the two-wheeler division of Eicher Motors, Monday reported a six per cent drop in sales to 65,744 units in November.
Thu, Nov 01, 2018
Royal Enfield, the two-wheeler division of Eicher Motors, Wednesday said it suffered a production loss of 25,000 units in September and October due to a strike by some workers at its Oragadam plant near Chennai.
Wed, Oct 03, 2018
The reason why investors are punishing Eicher Motors shares can be attributed to the company’s star brand Royal Enfield.
Investors are scrambling to save their money after this bloodbath wreaked havoc.
Thu, Sep 27, 2018
The company today touched a new low of Rs 24,659.45 per piece, tumbling overall by 2% on BSE.
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