Royal Enfield Motorcycles register 10% YoY increase in February 2021 sales

Eicher Motors Ltd has announced the sales figures of Royal Enfield motorcycles for the month of February 2021. The company has sold 69659 motorcycles during February 2021, as compared to 63536 units in February 2020, registering a growth of 10% YoY.

The company has sold 64362 units of models with engine capacity upto 350cc in February 2021 as against 57292 units in February 2020, up by 12% YoY.

The company has sold 5297 units of models with engine capacity exceeding 350cc during February 2021 as compared to 244 units in February 2020, a drop of 15% YoY.

Exports stood at 4545 units in February 2021 as against 2348 units in February 2020, an increase of 94% YoY.

Shares of EICHER MOTORS LTD. was last trading in BSE at Rs.2557.95 as compared to the previous close of Rs. 2497.5. The total number of shares traded during the day was 74528 in over 3884 trades.

The stock hit an intraday high of Rs. 2568.35 and intraday low of 2496.3. The net turnover during the day was Rs. 190078963.

Source : Equity Bulls

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