Royal Enfield Motorcycles posts 15% YoY decline in February 2022 sales

Eicher Motors Ltd has announced the sales figures of Royal Enfield motorcycles for the month of February 2022. The company has sold 59,160 motorcycles during February 2022, as compared to 69,659 units in February 2021, registering a drop of 15% YoY.

The company has sold 49,484 units of models with engine capacity upto 350cc in February 2022 as against 64,362 units in February 2021, down by 23% YoY.

The company has sold 9,676 units of models with engine capacity exceeding 350cc during February 2022 as compared to 5,297 units in February 2021, an increase of 83% YoY.

Exports stood at 7,025 units in February 2022 as against 4,545 units in February 2021, an increase of 55% YoY.

Shares of Eicher Motors Limited was last trading in BSE at Rs. 2586.35 as compared to the previous close of Rs. 2626.95. The total number of shares traded during the day was 25851 in over 3320 trades.

The stock hit an intraday high of Rs. 2620.00 and intraday low of 2544.00. The net turnover during the day was Rs. 66495543.00.

Source : Equity Bulls

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EicherMotors INE066A01021 2Wheelers Motorcycles RoyalEnfield February2022 SalesVolume Exports