Royal Enfield Motorcycles register 6% YoY increase in November 2020 sales

Eicher Motors Ltd has announced the sales figures of Royal Enfield motorcycles for the month of November 2020. The company has sold 63782 motorcycles during November 2020, as compared to 60411 units in November 2019, registering a growth of 6% YoY.

The company has sold 57418 units of models with engine capacity upto 350cc in November 2020 as against 56204 units in November 2019, up by 2% YoY.

The company has sold 6364 units of models with engine capacity exceeding 350cc during November 2020 as compared to 4207 units in November 2019, a growth of 51% YoY.

Exports stood at 4698 units in November 2020 as against 2119 units in November 2019, an increase of 122% YoY.

Shares of EICHER MOTORS LTD. was last trading in BSE at Rs.2533.2 as compared to the previous close of Rs. 2536.7. The total number of shares traded during the day was 34328 in over 4017 trades.

The stock hit an intraday high of Rs. 2584.65 and intraday low of 2519.75. The net turnover during the day was Rs. 87392330.

Source : Equity Bulls

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