In Q2, Eicher Motors' momentum continued to be strong. As a result of pent-up demand for bikes, new product launches, preference for premium bikes, sharp growth in exports, significant improvements in the CV segment, and an improved fleet utilization, the company's outlook is positive. With pent-up demand, a preference for premiumization, and new product launches, Royal Enfield's volume grew in the second quarter. Additionally, chip supply eased, which boosted volumes. Management has noted that chip shortages are easing and are expected to improve in the future. A very healthy order book is also maintained by the company. Newly launched bikes are generating a lot of inquiries and bookings. Watch the video to know more!
first published: Nov 14, 2022 08:30 am
A collection of the most-viewed Moneycontrol videos.
Nifty Snaps 6-Day Winning Streak As Markets Get In Consolidation Mode| Closing Bell Live
Kenneth Andrade picks three unusual, ignored sectors to bet on in Samvat 2082
Nifty Likely To Consolidate Until It Clears 26,000 Mark Decisively | Opening Bell Live
Nifty Slips Over 150 Points From Day's High But Gains For 6th Day| IT Stocks Surge|Closing Bell Live
Is it a good time to enter Bajaj Finance post Q3 business update? | Opening Bell
Attractive valuation, strong earnings potential: Buy this stock for the long term | Ideas for Profit
Vesuvius India made fresh lifetime high. Right time to buy the stock or wait for a drop?
Indian Hotel Industry Sees Strong Demand; Buy This Stock For Sector Upcycle | Ideas For Profit
Can strong auto demand drive this company’s stock further? | Ideas For Profit
