Eicher Motors up 8%; Royal Enfield rides past 'toughest phase': Analysts

Quick Summary:

Eicher's stock rose more than 8.

Emkay, which also said competition was "largely behind", upgraded the stock three notches to "buy" from "sell".

Rural sales account for a third of Royal Enfield's sales and over half of the country's two-wheeler industry.Rapido reports 2.

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Article Details

Category: BusinessFinance

Markets: India

Topics: Royal Enfield Bikes Automobiles Eicher Motors Automobile industry

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-11-14 @ 15:04:34 (1 weeks ago)

News Timezone: GMT +5:00

News Source URL: business-standard.com

Language: English

Article Length: 460 words

Reading Time: 3 minutes read

Sentences: 21 lines

Sentence Length: 22 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Business Standard

News ID: 23583331

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