Royal Enfield Motorcycles posts 13% YoY growth in June 2021 sales

Eicher Motors Ltd has announced the sales figures of Royal Enfield motorcycles for the month of June 2021. The company has sold 43048 motorcycles during June 2021, as compared to 38065 units in June 2020, registering a growth of 13% YoY.

The company has sold 37258 units of models with engine capacity upto 350cc in June 2021 as against 34890 units in June 2020, up by 7% YoY.

The company has sold 5790 units of models with engine capacity exceeding 350cc during June 2021 as compared to 3175 units in June 2020, an increase of 82% YoY.

Exports stood at 7233 units in June 2021 as against 1555 units in June 2020, an increase of 365% YoY.

Shares of EICHER MOTORS LTD. was last trading in BSE at Rs.2674.1 as compared to the previous close of Rs. 2670.1. The total number of shares traded during the day was 15700 in over 1741 trades.

The stock hit an intraday high of Rs. 2706.35 and intraday low of 2668. The net turnover during the day was Rs. 42166374.

Source : Equity Bulls

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