Page 5 - Eicher Motors

VECV marks 15 years in India, says focused on exports and EV growth

The company also expressed its commitment to aggressively target markets such as West Asia, South East Asia, and Africa for future export growth

VE Commercial Vehicles total sales up 29.4% to 6,476 units in August

Eicher Motors Ltd on Friday said its arm VE Commercial Vehicles Ltd posted a 29.4 per cent growth in total sales at 6,476 units in August 2023. VE Commercial Vehicles (VECV), a joint venture of the Volvo Group and Eicher Motors, had sold 5,003 units in August 2022, Eicher Motors said in a regulatory filing. August 2023 sales included 6,239 units of the Eicher brand and 237 units of the Volvo brand, it added. In the domestic commercial vehicles market, Eicher branded trucks and buses recorded sales of 5,907 units last month as compared to 4,530 units in August 2022. Exports of Eicher branded trucks and buses were down 8.5 per cent to 332 units as against 363 units in August 2022, it added.

Royal Enfield plans to launch its first electric bike in two years

The company is evaluating the market requirements and the business prospect for electric motorcycles in the country

Eicher Motors rallies 3% on record Q1 earnings

The company's net profit jumped 50 per cent YoY to Rs 918 crore, its highest-ever quarterly profit; backed by a 17 per cent growth in revenue at Rs 3,986 crore.

Eicher Motors Q1 net rises 50%, lines up Rs 1K cr capex for Royal Enfield

Lines up Rs 1,000 crore capex for Royal Enfield

Eicher Motors Q1FY24 result: Consolidated net profit up 50% to Rs 918 cr

The revenue from operations for Q1FY24 came in at Rs 3,986.37 crore, compared to Rs 3,397.46 crore year-on-year

Eicher Motors July sales: Total sales up 32% YoY, global business down 22%

Sales for the company in up to 350cc segment vehicles went up by 39 per cent YoY as the volumes grew from 46,336 in July 2022 to 64,398 in July 2023

Eicher Motors extends fall, hits over 2-month low; down 11% in 3 days

Bajaj Auto and British motorcycle brand Triumph on Wednesday launched co-developed Triumph Speed 400 and Scrambler 400 X motorcycles in India.

Eicher Motors cracks 6% as Hero Moto-Harley Davidson tie up for X440 bike

Priced at Rs 2.29 lakh, X440 motorbike will directly compete with Eicher Motors' Royal Enfield Classic 350's starting price of Rs 1.93 lakh and the Hunter 350's Rs 1.5 lakh

India's June passenger vehicle sales climb on account of new launches

Auto sales numbers are keenly watched as they are a key indicator for assessing private consumption, which has more than 50% weightage in calculating the country's economic growth

Motorcycle to commercial vehicles: Eicher Motors stock cruising smoothly

Business prospects appear good, but the expected launch of Bajaj Auto's line of Triumph bikes could challenge Royal Enfield's dominance

Royal Enfield starts delivery of E20 compatible Hunter bikes; an overview

Compared to the Bullet and the Meteor, which appear more substantial in their stance, the Hunter packs a more deceptive look and may not come across as having the same engine as the former two

New launches, exports pick up to drive volume gains for Eicher Motors

Margin expansion is expected to continue on strong volumes, improving mix, say analysts

Eicher Motors soars 7% in a weak market on solid Q4 perforance

F&O View: Options data suggest likely resistance for the stock in the range of Rs 3,670 - 3,750; Support Rs 3,500 - Rs 3,550.

Stocks to Watch on May 12: Adani Total, RIL, TaMo, ONGC, Vedanta, Mankind

Stocks to watch today: Mankind Pharma has confirmed that the Income Tax Department conducted a search at some of the premises/ plants related to the Company and some of its subsidiaries

Eicher Motors Q4 net profit up 48%, records highest-ever revenue

Company that makes Royal Enfield motorcycles plans Rs 1,000 crore capex in FY24

Eicher Motors Q4 results: Consolidated net profit rises 49% to Rs 906 cr

Total revenue from operations rose to Rs 3,804 crore for the fourth quarter as compared with Rs 3,193 crore in the year-ago period

Sensex extends rally to eighth day, ends 242 pts up; Auto, IT stocks shine

Stock market live: Market action will be guided by global cues following the takeover of the fallen US lender First Republic Bank on Monday by JP Morgan Chase

Eicher Motors' CV arm posts sales uptick of 18.9% to 6,567 units in April

Eicher Motors Ltd on Monday said its arm VE Commercial Vehicles Ltd posted an 18.9 per cent growth in total sales at 6,567 units in April 2023. VE Commercial Vehicles (VECV), a joint venture of the Volvo Group and Eicher Motors, had sold 5,525 units in April 2022, Eicher Motors said in a regulatory filing. April 2023 sales included 6,399 units of the Eicher brand and 168 units of the Volvo brand, it added. In the domestic commercial vehicles market, Eicher branded trucks and buses recorded sales of 6,142 units last month as compared to 4,766 units in April 2022, a growth of per cent. Exports of Eicher branded trucks and buses, however, declined 60.5 per cent at 257 units as compared to 650 units in December 2022, it added.

Two-wheel rides saddle up: Growth recovery, valuations to kick-start gains

Eicher hot on the trail of TVS, which is a top pick of most brokerages