Royal Enfield Motorcycles register sales of 66058 motorcycles in March 2021

Eicher Motors Ltd has announced the sales figures of Royal Enfield motorcycles for the month of March 2021. The company has sold 66058 motorcycles during March 2021, as compared to 35814 units in March 2020, registering a growth of 84% YoY.

The company has sold 58471 units of models with engine capacity upto 350cc in March 2021 as against 30372 units in March 2020, up by 93% YoY.

The company has sold 7587 units of models with engine capacity exceeding 350cc during March 2021 as compared to 5442 units in March 2020, an increase of 39% YoY.

Exports stood at 5885 units in March 2021 as against 3184 units in March 2020, an increase of 85% YoY.

Shares of EICHER MOTORS LTD. was last trading in BSE at Rs.2630.55 as compared to the previous close of Rs. 2603.75. The total number of shares traded during the day was 22391 in over 1858 trades.

The stock hit an intraday high of Rs. 2649.2 and intraday low of 2589. The net turnover during the day was Rs. 58602408.

Note: In view of the Covid pandemic and associated lockdown, volumes of month and year ended March 2021 are not comparable with those of previous periods.

Source : Equity Bulls

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