Eicher Motors’ earning meets estimate; stock under pressure amid CEO exit
3 years, 4 months ago

Eicher Motors’ earning meets estimate; stock under pressure amid CEO exit

Live Mint  

On Thursday, Eicher Motors reported a consolidated net profit of ₹2,371 m for the quarter ended June 2021. Royal Enfield market share Volvo also had a strong quarter as its revenues jumped 156% YoY to ₹16,390 m. Despite strong topline, Volvo reported a net loss of ₹720 m. In the year-ago quarter, it had reported a net loss of ₹1,200 m. During the quarter, VE Commercial Vehicles, a joint venture between Volvo Group and Eicher Motors, sold 5,806 trucks and buses. Commenting on the performance, MD Siddhartha Lal said, We continue to believe in our strong business fundamentals and are positive about the long-term prospects and performance of both Royal Enfield and Volvo Eicher. Journey of Eicher Motors When Siddhartha Lal entered the family business in the year 2000, Eicher's management was examining a sale or shutdown of the Royal Enfield business. How the stock markets reacted to Eicher Motors’ earnings Ahead of its earnings yesterday, Eicher Motors share price ended 4% lower at ₹2,615.45 on the BSE.

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History of this topic

Explained: Why Eicher Motors share price rallied 7% today
1 week ago

Explained: Why Eicher Motors share price rallied 7% today

India Today  

Shares of Eicher Motors, the parent company of Royal Enfield, surged over 7% on Tuesday, driven by robust December sales figures and positive developments in its global operations. Eicher Motors reported a 25% year-on-year increase in total motorcycle sales for December 2024, delivering 79,466 units compared to 63,387 units in December 2023. Royal Enfield recently commenced operations at its first …

Stocks to watch today: Hyundai, Tata Motors, Cochin Shipyard, Eicher Motors
1 month, 1 week ago

Stocks to watch today: Hyundai, Tata Motors, Cochin Shipyard, Eicher Motors

India Today  

Stock markets ended last week with nearly a 1% gain, in a volatile week marking the second consecutive week of advances despite mixed global cues. In today's trade, several stocks, including Eicher Motors, Tata Motors, Hyundai, and Cipla, are expected to be in focus due to recent developments. EICHER MOTORS Eicher Motors shares will likely see activity as the company …

Eicher Motors share price zooms nearly 8% after Q2 numbers beat estimates. Should you buy?
1 month, 3 weeks ago

Eicher Motors share price zooms nearly 8% after Q2 numbers beat estimates. Should you buy?

Live Mint  

Shares of Eicher Motors, the global leader in the middleweight motorcycle segment, surged nearly 8% to ₹4,940 per share in early morning trade on Thursday, November 14, following the company's report of a larger-than-expected quarterly profit on Wednesday. Japanese brokerage firm Nomura upgraded its rating for Eicher to 'neutral,' citing a stronger growth strategy and raising its price target to …

Eicher Motors share price jumps over 8% after Q2 results. Should you buy?
1 month, 3 weeks ago

Eicher Motors share price jumps over 8% after Q2 results. Should you buy?

India Today  

Eicher Motors shares surged over 8% in early trading after brokerages shared their views about the company's Q2 earnings. Nuvama upgraded Eicher to a “Buy” with a revised target price of Rs 5,500, citing an expected boost from Royal Enfield’s strong festive demand, new product focus on models like the Classic and Bullet, and increased marketing efforts. Emkay Global, raising …

Eicher Motors Q2 Results: Net profit rises 8.27% YoY to ₹1,100 crore
1 month, 3 weeks ago

Eicher Motors Q2 Results: Net profit rises 8.27% YoY to ₹1,100 crore

Live Mint  

Eicher Motors Q2 Results: Eicher Motors on Wednesday reported a consolidated net profit of ₹1,100.33 crore for the quarter ended September, 2024, which was up by 8.27% over ₹1,016.25 crore reported by the company in the year-ago period. The firm's consolidated revenue from operation for the quarter ended September stood at ₹4,186.38 crore, which was up by 3.8% from ₹4,033 …

Eicher Motors Q1 Results: Net profit rises 20% to highest ever at ₹1,101.5 crore over sales boost, revenue up 10% YoY
5 months ago

Eicher Motors Q1 Results: Net profit rises 20% to highest ever at ₹1,101.5 crore over sales boost, revenue up 10% YoY

Live Mint  

Eicher Motors Q1 Results: Eicher Motors announced its April-June quarter results for fiscal 2024-25 on Thursday, August 8, reporting a rise of 20 per cent in net profit at ₹1,101 crore, compared to ₹918 crore in the year-ago period. The commercial vehicle maker's revenue from operations rose 10.2 per cent in the first quarter of the current fiscal to ₹4,393 …

Eicher Motors stock jumps 7% to record high, crosses ₹4,000 mark; here’s why
1 year, 1 month ago

Eicher Motors stock jumps 7% to record high, crosses ₹4,000 mark; here’s why

Live Mint  

In a significant milestone, the shares of Eicher Motors, part of the Nifty 50 index, crossed the ₹4,000 apiece mark for the first time in today's session, recording a new all-time high of ₹4,164.90 apiece, up by 7%. On Friday, the company released its sales numbers for November, posting a 13% growth in sales at 74,275 units for models with …

Eicher Motors shares hit fresh 52-week high, up 17% in November so far; here’s why
1 year, 1 month ago

Eicher Motors shares hit fresh 52-week high, up 17% in November so far; here’s why

Live Mint  

Shares of Eicher Motors hit a new 52-week high of ₹3,860 apiece in today's trade, gaining 5.9%. Currently, the premium bike market is largely dominated by Eicher Motors' Royal Enfield, the oldest motorcycle brand in continuous production that holds more than 90% of the market share in motorcycles with engine capacities greater than 250cc. In September, the company launched the …

Q4 results today: Asian Paints, Eicher, Dr Lal Path Lab, Religare, among others
1 year, 7 months ago

Q4 results today: Asian Paints, Eicher, Dr Lal Path Lab, Religare, among others

Live Mint  

Stock market performance on Wednesday was fueled by the mixed reaction of investors who were cautious of US market uncertainties, declining oil prices, bond yields, and bullion. Investors will be eyeing the quarterly earnings of Asian Paints, Eicher Motors, Gillette India, Dr. Lal Path Labs, South Indian Bank, etc, up for release on Thursday. Eicher Motors Reflecting investors' confidence and …

Stocks to Watch: Eicher Motors, Bharat Electronics, Tata Motors, Adani Ports, and Others
1 year, 9 months ago

Stocks to Watch: Eicher Motors, Bharat Electronics, Tata Motors, Adani Ports, and Others

News 18  

The Nifty futures contract traded on the Singapore Exchange indicates a positive start to domestic equities. Eicher Motors Ltd The auto company reported a 6.73 percent rise in the sales of its motorcycle, Royal Enfield at 72,235 motorcycles in March 2023 as against 67,677 motorcycles sold during the same period last year. For the financial year ended March 2023, Royal …

What's driving investor interest in Eicher Motors stock?
2 years, 4 months ago

What's driving investor interest in Eicher Motors stock?

Live Mint  

Shares of Eicher Motors Ltd rose to a 52-week high of ₹3,265.95 on the NSE on Thursday. View Full Image In top gear Further, the introduction of a new and lighter model would aid overall Royal Enfield volumes, which grew by a mere 0.8% sequentially in Q1. Second, Hunter could be a lower gross margin generator, which means a higher …

Eicher Motors Q4 profit jumps 16%, appoints B Govindarajan as CEO Royal Enfield
2 years, 7 months ago

Eicher Motors Q4 profit jumps 16%, appoints B Govindarajan as CEO Royal Enfield

Live Mint  

Eicher Motors Limited announced audited consolidated financial results for the quarter and financial year ended March 31, 2022. For the quarter ended March 31, 2022, Eicher Motors’ total revenue from operations was at an all-time high at ₹3,193 crore, up 8.6% as compared to ₹2,940 crore in the corresponding quarter of FY 2020-21. During the quarter, Royal Enfield recorded sales …

Eicher Board Re-appoints Siddhartha Lal as MD; Revision of Salary Package Underway
3 years, 4 months ago

Eicher Board Re-appoints Siddhartha Lal as MD; Revision of Salary Package Underway

News 18  

New Delhi, Aug 23: Eicher Motors on Monday said it has ‘unanimously’ decided to re-appoint Siddhartha Lal as Managing Director of the company with effect from May 1, 2021, with changes in his remuneration package, a week after the company’s shareholders rejected the proposal. The primary concern with investors was not Siddhartha’s reappointment as Managing Director or the proposed compensation; …

Stocks to Watch Today: Airtel, Eicher Motors, Maruti Suzuki, HDFC Bank and More
3 years, 4 months ago

Stocks to Watch Today: Airtel, Eicher Motors, Maruti Suzuki, HDFC Bank and More

News 18  

The Indian markets taking cues from global markets opened and ended in positive territory on Monday. The 30-share BSE Sensex ended up at 55,555.79, up 226.47 points or 0.41 per cent and the broad market Nifty50 ended at 16,496.50, up 46 points or 0.28 per cent. The volatility index, India VIX was down -2.4 per cent at 13.69 levels,” Siddhartha …

Eicher Motors to witness swift recovery in sales in the second half the fiscal
3 years, 7 months ago

Eicher Motors to witness swift recovery in sales in the second half the fiscal

Live Mint  

NEW DELHI: Eicher Motors Ltd, manufacturer of premium motorcycles and commercial vehicles, is expected to report swift recovery in sales and overall operations after the second wave of the covid-19 infections abate, driven by new launches in the motorcycle business, ramp up of production, and a gradual recovery in commercial vehicle sales expected by the second half of the fiscal. …

Eicher Motors Appoints Vinod Dasari as Royal Enfield CEO
5 years, 9 months ago

Eicher Motors Appoints Vinod Dasari as Royal Enfield CEO

The Quint  

Dasari has also served as the president of the Society of Indian Automobile Manufacturers from 2015 to 2017 and as the president of the Automotive Research Association of India from 2013 to 2015. According to a report in LiveMint, Siddhartha Lal giving up his responsibilities at Eicher will allow Dasari a free hand in running the business. Siddhartha Lal’s move …

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