Eicher Motors shares rose 4 per cent after it reported a 9 per cent rise in profit during the June quarter of the current financial year
The company added that they are looking for alternatives to deal with the shortage, a move that other two-wheeler makers such as TVS Motor and Ola Electric are also exploring
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Eicher Motors share price climbed 2 percent after the company released its June sales numbers
Long build up was seen in Eicher Motors Futures on Thursday, where the open interest rose by 2 per cent while the share price gained 1.86 per cent
Analysts estimate a 4 to 7 per cent rise in FY26, driven by product innovation, supportive policy frameworks, and increasing mobility needs in emerging markets
The volume uptick was led by product interventions at attractive price points and brand activation and marketing efforts
In the previous trading session, Sensex gained 182.34 points, or 0.22 per cent, to settle at 81,330.56 level. The Nifty50, meanwhile, closed 88.55 points, or 0.36 per cent higher at 24,666.90 level.
Eicher Motors reported record Q4 and FY25 results, with 27% rise in profit, record Royal Enfield sales, and plans to launch its first electric bikes in FY26
Eicher Motors Q4 FY25 result: Company board recommended a final dividend of ₹70 per equity share of face value ₹1 for FY25
At 6:40 AM, GIFT Nifty futures were trading 90 points higher at 24,730 level, indicating a higher start.
The company's flagship brand - Royal Enfield volumes increased by 24 per cent on a YoY basis in Q4FY25 led by strong demand trends in domestic and export markets.
The Nifty Auto index, which tracks the performance of auto stocks, dropped 1.46 per cent, to hit an intraday low of 21,095 points.
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Eicher Motors posted weaker-than-expected Ebitda margin, which contracted 190 basis points (bps) to 24.2 per cent in Q3FY25, from 26.1 per cent a year ago
At 6:31 AM, GIFT Nifty Futures were trading 16 points higher at 23,476, signaling a flat to positive start for Indian bourses
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The total income of Eicher Motors increased by 21 per cent Y-o-Y to Rs 5,208 crore in Q3 FY25