Browsing Tag

Royal Enfield

Semiconductor shortage: Semiconductor shortage hurting production, may impact Aug-Sep automobile wholesales: Report

The global shortage of semiconductor chips is hurting automobile production and may impact August-September wholesales, even as demand is recovering well from the second wave of the pandemic, a report said on Tuesday. In August, the registration of passenger vehicles and tractors saw a 41-44 per cent uptick over the same period of 2019, and truck…
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Eicher Motors: Not a smooth ride anymore: Is it time to bite the bullet and sell this multibagger?

There are not too many companies that millennials in India can relate to; except, maybe, Royal Enfield — Nithin Kamath, CEO at Zerodha Royal Enfield motorcycles have sustained a cult following for long. A passing Bullet — as these heavy bikes are popularly known as — can still turn heads on the street. But it might be losing its torque in Dalal…
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Eicher Motors Q1 results: Eicher Motors Q1 results: Co reports consolidated PAT at Rs 237 cr, meets estimate

MUMBAI: Royal Enfield-maker today reported a consolidated net profit of Rs. 237.1 crore for the quarter ended June as against a net loss of Rs. 55.2 crore in the year-ago quarter. Analysts had expected the company to report a consolidated net profit of Rs. 237 crore. The company’s consolidated total revenue from operations surged 141 per cent…
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