Shares of Royal Enfield-maker Eicher Motors rose over 2 per cent to their intraday high of Rs 18,145 on Thursday after the company reported strong sales for September.
Royal Enfield, the two-wheeler division of Eicher Motors, sold 44,491 units during the month - up nearly 59 per cent compared to 28,020 units in September 2014. Exports were up 56 per cent at 750 units.
Eicher Motors reported a nearly 28 per cent rise in commercial vehicle sales at 4,248 units in September, as against 3,326 units in September 2014.
As of 12:44 p.m., shares in Eicher Motors were trading 1.7 per cent higher at Rs 18,084.85 apiece on the BSE, outperforming the broader markets that were up 0.3 per cent.
Royal Enfield, the two-wheeler division of Eicher Motors, sold 44,491 units during the month - up nearly 59 per cent compared to 28,020 units in September 2014. Exports were up 56 per cent at 750 units.
Eicher Motors reported a nearly 28 per cent rise in commercial vehicle sales at 4,248 units in September, as against 3,326 units in September 2014.
As of 12:44 p.m., shares in Eicher Motors were trading 1.7 per cent higher at Rs 18,084.85 apiece on the BSE, outperforming the broader markets that were up 0.3 per cent.
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