Eicher Motors Ltd is down for a fifth straight session today. The stock is quoting at Rs 5081.45, down 1.14% on the day as on 13:19 IST on the NSE. The benchmark NIFTY is down around 0.02% on the day, quoting at 23521.8. The Sensex is at 77676.23, up 0.07%.Eicher Motors Ltd has added around 5.82% in last one month.Meanwhile, Nifty Auto index of which Eicher Motors Ltd is a constituent, has eased around 2.82% in last one month and is currently quoting at 23305.2, down 0.54% on the day. The volume in the stock stood at 2.25 lakh shares today, compared to the daily average of 4.87 lakh shares in last one month. The benchmark January futures contract for the stock is quoting at Rs 5089.35, down 1.3% on the day. Eicher Motors Ltd jumped 30.67% in last one year as compared to a 8.66% rally in NIFTY and a 23.59% spurt in the Nifty Auto index.The PE of the stock is 35.29 based on TTM earnings ending September 24.Powered by Capital Market - Live

While the sales of models with engine capacity up to 350cc grew by 25% to 69,476 units, sales of models with engine capacity exceeding 350cc increased by 25% to 9,990 units in December 2024 as compared with December 2023. The international business division recorded sales of 11,575 units in December 2024, up 90% on a YoY basis. B Govindarajan, CEO, Royal Enfield said, As 2024 draws to a close, we reflect on a truly remarkable year for us at Royal Enfield. We've launched some category-defining motorcycles through the year and it is encouraging to see the response to our recently launched motorcycles both in India and international markets. As we gear up for 2025, we are looking forward to sustaining our growth momentum and continue inspiring our riding community across the globe with Pure Motorcycling initiatives across the board. Eicher Motors is the listed parent of Royal Enfield, the global leader in middleweight motorcycles. In addition to motorcycles, Eicher has a joint venture with Sweden's AB Volvo - Volvo Eicher Commercial Vehicles which operates in India's commercial vehicle space. The company's consolidated net profit increased 8.27% to Rs 1,100.33 crore on a 3.8% rise in revenue from operations to Rs 4,186.38 crore in Q2 FY25 over Q2 FY24. The scrip hit an all-time high of Rs 5,226.05 in today's intraday session. Powered by Capital Market - Live

While domestic sales increased by 1.03% to 7,545 units, total exports surged 52.65% to 490 units in December 2024 over December 2023. Total sales of Volvo trucks and buses in December 2024 stood at 289 units, up by 21.94% YoY. Eicher Motors is the listed parent of Royal Enfield, the global leader in middleweight motorcycles. In addition to motorcycles, Eicher has a joint venture with Sweden's AB Volvo'Volvo Eicher Commercial Vehicles, which operates in India's commercial vehicle space. The company's consolidated net profit increased 8.27% to Rs 1,100.33 crore on a 3.8% rise in revenue from operations to Rs 4,186.38 crore in Q2 FY25 over Q2 FY24.Powered by Capital Market - Live

Eicher Motors Ltd is up for a fifth straight session in a row. The stock is quoting at Rs 4892, up 0.31% on the day as on 12:44 IST on the NSE. The benchmark NIFTY is down around 0.03% on the day, quoting at 23805.25. The Sensex is at 78760.73, up 0.08%. Eicher Motors Ltd has risen around 1.48% in last one month. Meanwhile, Nifty Auto index of which Eicher Motors Ltd is a constituent, has risen around 2.76% in last one month and is currently quoting at 23099.05, down 0.66% on the day. The volume in the stock stood at 96924 shares today, compared to the daily average of 3.56 lakh shares in last one month. The benchmark January futures contract for the stock is quoting at Rs 4919.25, up 0.15% on the day. Eicher Motors Ltd is up 21.14% in last one year as compared to a 9.49% spurt in NIFTY and a 23.41% spurt in the Nifty Auto index.The PE of the stock is 33.46 based on TTM earnings ending September 24.Powered by Capital Market - Live

Royal Enfield has commenced operations of its new CKD(Completely Knocked down) assembly facility in Thailand. This is Royal Enfield's first fully owned and operated CKD assembly plant in Thailand. This is a significant step forward in Royal Enfield's plans in Thailand, and reiterates the brand's commitment to the region. The Royal Enfield assembly plant is Located at Samut Prakan province in Bangkok. This development is a significant boost to the company's business in the Asia Pacific region, and further reiterates Royal Enfield's commitment to Thailand. The new facility is the Royal Enfield's sixth CKD assembly unit in the world - after Argentina, Colombia, Brazil, Bangladesh and Nepal.Powered by Capital Market - Live

Royal Enfield's first fully owned CKD assembly plant in Thailand is located in Samut Prakan, Bangkok, marking a key step in the brand's commitment to the region. B Govindarajan, CEO of Royal Enfield, said, 'Royal Enfield has been working extensively to grow the middleweight motorcycling segment globally. We have seen great reception from the international audience who are looking for motorcycles that are accessible and are a unique extension of their personalities. We have an evocative range of motorcycles across various platforms catering to our global audiences. Royal Enfield is a truly global brand and ranks among the top mid-segment motorcycle brands in markets such as the UK, Korea, Australia-New Zealand, among others. Our strategic intent is to have an international expansion strategy of investing in markets with huge potential to grow. Thailand assembly plant caters to this vision.' Yadvinder Singh Guleria, CCO of Royal Enfield, said, 'With markets like the Asia-Pacific offering a great potential for the mid-size segment, it has been our strategic intent to be closer to these markets and grow the business. This is a testament to our commitment to the market potential and the growing motorcycling community.' Eicher Motors is the listed parent of Royal Enfield, the global leader in middleweight motorcycles. In addition to motorcycles, Eicher has a joint venture with Sweden's AB Volvo'Volvo Eicher Commercial Vehicles, which operates in India's commercial vehicle space. The company's consolidated net profit increased 8.27% to Rs 1,100.33 crore on a 3.8% increase in revenue from operations to Rs 4,186.38 crore in Q2 FY25 over Q2 FY24. Shares of Eicher Motors fell 1.02% to Rs 4,792.50 on the BSE.Powered by Capital Market - Live

While domestic sales increased by 5.8% to 4,957 units, total exports surged 32.7% to 402 units in November 2024 over November 2023. Total sales of Volvo trucks and buses in November 2024 stood at 215 units, up by 4.9% YoY. Further, the company's monthly motorcycle sales in Nov'24 stood at 82,257 units, which is higher by 2% as compared with 80,251 units in the same month a year ago. Sales of motorcycle models with engine capacity up to 350cc slipped 4% to 71,261 units and sales of motorcycle models with engine capacity exceeding 350cc surged 84% to 10,996 units in November 2024 over November 2023. The international business recorded sales of 10,021 units in Nov'24, up by 96% as compared with 5,114 units sold in the same period last year. B Govindarajan, CEO, Royal Enfield, said, 'November has been an incredible month for us at Royal Enfield, filled with exciting launches that truly reflect our passion for pure motorcycling. At EICMA 2024, we took a historic step into the world of EVs with the debut of the Flying Flea, a big leap toward sustainable, forward-thinking mobility. We also introduced two stunning motorcycles, the Classic 650 and the Bear 650 that continue to build on our legacy of creating timeless, purposeful machines. Not only that, at Motoverse 2024, we launched the Goan Classic 350 and Scram 440 and both these motorcycles have garnered great response from motorcycling enthusiasts across the country.' Eicher Motors is the listed parent of Royal Enfield, the global leader in middleweight motorcycles. In addition to motorcycles, Eicher has a joint venture with Sweden's AB Volvo - Volvo Eicher Commercial Vehicles, which operates in India's commercial vehicle space. The company's consolidated net profit increased 8.27% to Rs 1,100.33 crore on a 3.8% rise in revenue from operations to Rs 4,186.38 crore in Q2 FY25 over Q2 FY24. Shares of Eicher Motors declined 0.64% to Rs 4,801.80 on the BSE. Powered by Capital Market - Live

Eicher Motors sold 82,257 units in month of November 2024 compared to 80,251 units in November 2023, recording a growth of 2%. Total sales include international business of 10,021 units in November 2024 compared to 5,114 units in November 2023, higher by 96%. The company recorded 84% YoY growth in sales of motorcycles with engine capacity exceeding 350cc at 10,996 units while its saw a 4% YoY decline in sales of models with engine capacity up to 350cc at 71,261 units. Powered by Capital Market - Live

Eicher Motors Ltd lost 1.17% today to trade at Rs 4865.35. The BSE Auto index is down 0.57% to quote at 52843.07. The index is down 1.65 % over last one month. Among the other constituents of the index, Mahindra & Mahindra Ltd decreased 0.86% and Tube Investments of India Ltd lost 0.77% on the day. The BSE Auto index went up 32.58 % over last one year compared to the 19.93% surge in benchmark SENSEX. Eicher Motors Ltd has lost 0.59% over last one month compared to 1.65% fall in BSE Auto index and 0.17% drop in the SENSEX. On the BSE, 593 shares were traded in the counter so far compared with average daily volumes of 17682 shares in the past one month. The stock hit a record high of Rs 5104.5 on 27 Sep 2024. The stock hit a 52-week low of Rs 3564 on 24 Jan 2024.Powered by Capital Market - Live

Profit before share of profit of joint venture and tax rose 3.53% YoY to Rs 1,248.30 crore in Q2 FY25. EBITDA increased marginally 0.09% to Rs 1,088 crore in Q2 FY25 as compared with Rs 1,087 crore in Q2 FY24. During the quarter, Royal Enfield recorded sales of 2,25,317 motorcycles as compared to 2,29,496 motorcycles sold during the same period in FY 2023-24. For Q2 FY 2024-25, VE Commercial Vehicles (VECV)'s revenue from operations was Rs 5,538 crore, up by 8.0% over the previous year's revenue of Rs 5,126 crore. VECV recorded sales of 20,774 vehicles in the second quarter over 19,551 vehicles last year. Siddhartha Lal, managing director, Eicher Motors, said, 'During this quarter, we have continued to sustain the momentum both at Royal Enfield and VECV. At EICMA, earlier this month, we launched two motorcycles on our 650-Twin platform; the Bear 650, and the Classic 650. In addition to this, Royal Enfield marked its foray into electric mobility with a new EV brand - the Flying Flea. With an intent to disrupt and grow the electric motorcycle segment, we are approaching it with the same singularity, focus and unconventionality with which we have grown and energized the global mid-size segment over the last several years. Under the Flying Flea we will have a portfolio of differentiated electric motorcycles for city plus mobility. On the commercial vehicle front, VE Commercial Vehicles delivered its best Q2 ever, with strengthened market shares in truck segments. This is commendable against the backdrop of lower industry volumes as compared to Q2 of last year.' B. Govindarajan, CEO - Royal Enfield and whole-time director, EML, said, 'This quarter we launched two stellar motorcycles - the Guerrilla 450 and the 2024 Classic 350 in an all new avatar and response to both these motorcycles has been remarkable. We have also made significant progress on expanding and strengthening our footprint outside India as we debuted the brand in Bangladesh with our new flagship store in Dhaka, and a manufacturing and assembly unit in the country. We are also setting up a second CKD in Brazil later this year. Basis the strong legwork that we put in during Q2 this year, we were able to achieve a very special milestone for Royal Enfield in terms of our festive sales performance in October. We outperformed all our previous monthly sales performance and achieved more than 1,00,000 sales in a single month. These initiatives underscore our commitment to our long term strategic goals and to continue delivering pure motorcycling experiences across the globe.' Vinod Aggarwal, MD and CEO - VECV said, 'VECV delivered its highest ever second quarter sales during Q2 FY25 growing 6.2% over Q2 FY24 and attaining leadership in the Light and Medium Duty (LMD) segment during the quarter. This growth was against a drop in CV industry volumes of 10.8% in the same period and stands as a testament to our broad product range backed by fast-expanding network coverage focused on delivering uptime to customers. Margins remained under pressure in a competitive market as we successfully continued to invest in growing our Heavy Duty truck presence. We took another step in our sustainability journey, signing a MoU for deployment of 500 Eicher Pro 6055 LNG trucks.' Eicher Motors is the listed parent of Royal Enfield, the global leader in middleweight motorcycles. In addition to motorcycles, Eicher has a joint venture with Sweden's AB Volvo - Volvo Eicher Commercial Vehicles which operates in India's commercial vehicle space.Powered by Capital Market - Live