Top Section
Explore Business Standard
Don’t miss the latest developments in business and finance.
Management commentary suggests some raw material decline benefits along with price hike to come in effect from Q4FY23 onwards amid robust demand for its product profile .
Stark Future recently launched its first high performance electric motocross bike, the Stark VARG
"Now, we are in the execution phase for EVs. You will see products one after the other starting to come from 2025. When we come, it will be a disruptive motorcycle."
Motorcycle maker Royal Enfield on Saturday reported an over two-fold rise in total sales at 82,097 units in September 2022. The company had sold 33,529 units in the same month last year, Royal Enfield said in a statement. Domestic sales were higher at 73,646 units last month against 27,233 units in September 2021. Similarly, exports were also up at 8,451 units compared to 6,296 units in the year-ago month, it added.
Eicher Motors said the appointment of a new CFO in his place would be intimated in due course. Meanwhile, Arunachalam will now join Cromptom Greaves Consumer as CFO, from September 5
Mid-sized motorcycle maker Royal Enfield, a part of Eicher Motors, on Saturday reported a 7 per cent increase in total wholesales at 73,739 units in December.
With this, Royal Enfield now has three local CKD units, in addition to the three manufacturing facilities in Chennai
Indian Energy Exchange (IEX) has recorded an all-time high monthly trade of 9,538 million units (MU) in August which is 74 per cent higher compared to the same month last year.
Royal Enfield said it will recall close to 236,966 motorcycles across some models due to defects in the ignition coil that can cause misfiring and, in rare cases, an electric short circuit
In past three months, the stock declined 16 per cent, against 1.5 per cent fall in the S&P BSE Sensex.
The new Himalayan comes with switchable ABS feature while retaining the original features.
The model is the first motorcycle under the company's unit construction engine (UCE) platform to transition to the new regulatory emission norms
The company recorded an 8 per cent drop in total two-wheeler sales at 60,411 units in November 2019.
Analysts believe that worst is behind for Eicher Motors, the manufacture of premium motorcycle brand Royal Enfield (RE) in India, as it is taking promising initiatives to address the declining sales.