Eicher Motors rises 2% on better-than-expected Royal Enfield August sales
Shares of Eicher Motors opened 2% higher on September 4, extending gains from the previous session on better-than-expected sales of the flagship Royal Enfield motorcycle range in August. Royal Enfield motorcycle sales increased 11% year-on-year to 77,583 units in August. Sales were also much higher than Nomura’s estimate of 75,000 units. The brokerage has indicated …
Eicher Motors rises 2% on better-than-expected Royal Enfield August sales Read More »