the past three years have been nothing less than a dream run for Eicher Motors. The companys shares have risen 638 per cent over three years and 105 per cent in the past six months. While other two-wheeler makers are struggling with single-digit growth, Royal Enfield (the companys two-wheeler offering) has seen a year-on-year volume growth of 85 per cent (138,000 units) in the first six months of 2014. Clearly, the leisure biking segment is insulated from the slowdown plaguing the broader auto market. There is an order backlog of five months, claim analysts, despite increase in supplies. Analysts and investors particularly like companies that can give a demand visibility and Eicher gives them just that.
Posted on: Sat, 23 Aug 2014 07:41:54 +0000
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