Eicher Motors Q3 profit rises 34% to ₹996 cr
Eicher Motors Q3 revenue surges 12% to ₹4,179 crore; EBITDA up 27%
Eicher Motors Q3 revenue surges 12% to ₹4,179 crore; EBITDA up 27%
Hero, Bajaj, Yamaha and TVS work on taking market share from Royal Enfield
The Royal Enfield owner's stock has fallen 12.6% in the past five sessions following the launch of HD X440 and Speed 400 by Hero MotoCorp and Bajaj Auto, respectively.
Share price of rival Eicher Motors, which makes Royal Enfield, has crashed 8.8% in 2 days. That of Hero and Bajaj have risen 8.4% and 6.3%.
Of the total MoUs signed, 80% have either confirmed investment or have started work in the state, says industries minister T.R.B. Raaja
The maker of Royal Enfield motorcycles registered its highest-ever quarterly revenue from operations at ₹3,804 crore.
The automaker's revenue from operations surged 29% to ₹3,721 crore in the third quarter compared with ₹2,880.65 crore in the year-ago period.
Harley-Davidson’s India exit is the latest in a series of unsuccessful forays by U.S. auto firms in the country. Reason: multiple trade irritants mar the Indo-U.S. relationship. Will Biden change it?
Cult American bike manufacturer shutters Haryana factory, cuts 70 jobs.
The MD and CEO of Eicher Motors—credited with reviving the Royal Enfield brand—dedicates the award to the mavericks and misfits who disrupt their sectors.