Eicher Motors rises as its motorcycle division sells 5 lakh units of Hunter 350
Eicher Motors is currently trading at Rs. 5182.40, up by 37.30 points or 0.72% from its previous closing of Rs. 5145.10 on the BSE.
The scrip opened at Rs. 5150.00 and has touched a high and low of Rs. 5194.10 and Rs. 5121.45 respectively. So far 5269 shares were traded on the counter.
The BSE group 'A' stock of face value Rs. 1 has touched a 52 week high of Rs. 5386.55 on 03-Jan-2025 and a 52 week low of Rs. 3590.95 on 29-Jan-2024.
Last one week high and low of the scrip stood at Rs. 5223.00 and Rs. 4957.20 respectively. The current market cap of the company is Rs. 141863.55 crore.
The promoters holding in the company stood at 49.09%, while Institutions and Non-Institutions held 41.62% and 9.29% respectively.
Eicher Motors’ motorcycle division -- Royal Enfield has sold 5 lakh units of Hunter 350 motorcycle. Introduced in August 2022, the Hunter is one of the fastest growing motorcycle models, boasting of half a million happy owners across the globe.
The Hunter 350’s widespread popularity is a testament to its versatile appeal across diverse markets, both in India and globally. It has emerged as a preferred choice for riders seeking a compact, nimble, and character-packed motorcycle that effortlessly combines everyday practicality with the thrill of pure motorcycling.
In India, the Hunter 350 has made rapid inroads into the Tier-2 and Tier-3 markets as well, apart from the metros. In addition to India, Hunter is now available across all markets of APAC, Europe, North America, Latin America, Australia and New Zealand.
Eicher Motors’ Royal Enfield is the oldest motorcycle brand in continuous production, Royal Enfield has created beautifully crafted motorcycles since 1901. The company is engaging, uncomplicated, accessible and fun to ride; a vehicle for exploration and self-expression
