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ROYAL ENFIELD EXPANSION
Ferrari's Luce leads bold leap into uncertain electric eraFerrari is launching its first all-electric car, the Luce. This move comes as other sports car makers hesitate on EVs. The Luce, priced ove...
Buy, Sell or Hold: Citi maintains buy on Eicher Motors; Goldman Sachs retains buy on Max HealthcareBrokerages maintain a positive outlook on select large-cap pharmaceutical, automobile, and healthcare stocks, citing strong growth prospect...
Eicher Motors shares rally 5% after Q4 results. What Goldman Sachs, Morgan Stanley, others are sayingEicher Motors shares surged following robust March quarter results. The Royal Enfield maker reported a 12% profit jump and 16% revenue grow...
Eicher Motors forays into financial services with Volvo Group, board approves Rs 750-cr investmentEicher Motors will invest up to Rs 750 crore in a new joint venture with Volvo Financial Services India. This new entity will provide finan...
Stocks in news: JSW Steel, ZEE, Adani Enterprises, Vodafone Idea, Eicher MotorsIndian markets saw a volatile Monday, ending nearly flat due to global weakness and economic worries. Analysts suggest Nifty is consolidati...
Royal Enfield plans to set up manufacturing facility in AndhraRoyal Enfield is investing Rs 2,500 crore to build a new manufacturing plant in Andhra Pradesh. This expansion will boost production capaci...
ET Prime Special Series: Multibagger or Bankrupt - Part 58: The ICE veteran that quietly became an EV lightweighting storyMost auto ancillary investors think linear. Company makes Component X. EV disrupts Component X. Stock goes down. Every story does not fit t...
Royal Enfield will expand outside Tamil Nadu, to set up unit in Andhra PradeshRoyal Enfield is investing Rs 2,200 crore to build a new manufacturing facility and vendor park in Andhra Pradesh. This marks the company's...
Classic Legends plans capacity expansion, weighs greenfield factoryClassic Legends is planning to expand its production capacity. This includes considering a new factory as its current plant will soon reach...
Eicher Motors Q3 Results: Cons PAT jumps 21% YoY to Rs 1,420 crore, revenue surges 23%Eicher Motor Q3 Results: Two-wheeler major Eicher Motors reported a 21% jump in its December quarter consolidated net profit at Rs 1,420 cr...
Eicher Motors shares jump 9%, hits 52-week high after strong Royal Enfield sales in DecemberEicher Motors shares hit a 52-week high fueled by a 25% YoY rise in Royal Enfield sales for December. The company saw a 90% surge in export...
Royal Enfield commences operations at Thailand-based CKD plantRoyal Enfield, a subsidiary of Eicher Motors, has launched a new CKD assembly plant in Thailand. This is their sixth international facility...
Royal Enfield to invest Rs 3,000 cr in Tamil Nadu for development of new productsKey provisions of the MoU include the infrastructural support and regulatory facilitation. The government would also prioritise providing u...
Royal Enfield CEO Vinod Dasari resigns in just 2 years, B Govindarajan to take charge as EDWith most part of his stint - spent under covid-19 challenges, Dasari had to manage the transition from highly successful UCE platform to n...
Current fiscal may see highest number of model launches: Royal Enfield"In fact, if I may say so, this year will probably be the highest number of new models that you have ever seen from Royal Enfield being lau...
Royal Enfield plans to bring 1 new bike every quarter, at least 28 models in next 7 years"We have now got a product plan for the next five to seven years. We are looking at launching a new model almost every quarter and I am not...
Eicher Motors profit falls 6% in Q3: Key takeawaysRoyal Enfield-maker said its profit came in at Rs 498.70 crore.
Bikes or bust: Eicher Motors to focus solely on motorcyles"We are absolutely 100 per cent focused on motorcycles, nothing else. We don't have any intention to get into any other vertical," said the...
Eicher set to race ahead despite royal valuationFirstly, the higher operating margins of Royal Enfield and its commercial venture VECV that beat analysts expectations by 75-150 basis poin...
Credit Suisse raises Eicher price target by 4%The brokerage said demand for Royal Enfield remains robust. “Royal Enfield (RE) continues to enjoy strong demand with blended waiting perio...