BUSINESS
Exports from Royal Enfield jumped 222% in the month of November.
Royal Enfield sold 41% more motorcycles in November compared to the same period last year, according to figures from the Society of Automobile Manufacturers (SIAM).
According to SIAM figures, Royal Enfield sold 57,313 motorcycles in November compared to 40,769 units in the same period last year.
In the month, exports by the company jumped 222% to 1,470 units from 457 units sold in the same period last year.
Royal enfield sold 52,359 units of motorcycles with engine capacity upto 350cc, a rise of 40% from November last year, and sold 4,954 units of bikes with the engine capacity exceeding 350cc.
At 1253 hours, the share price of Eicher Motors was up 2.38% or Rs 516.10 at Rs 22,191.50 apiece.