Eicher Motors witnessed a 1 percent surge in its stock value, reaching Rs 3,891 per share on November 28, following the launch of its latest Himalayan bike, available at an enticing introductory price of Rs 2.69 lakh.
Over the past month, this automotive powerhouse experienced a noteworthy stock uptick, soaring over 13 percent, outpacing the 3 percent rise in the benchmark Sensex.
In addition to the Himalayan bike debut, Eicher Motors’ subsidiary introduced the Royal Enfield Shotgun 650 in Goa, unveiling a special colorway and edition – the Shotgun 650 Motoverse Edition. This exclusive and custom-designed release carries a price tag of Rs 4.25 lakh (ex-showroom), with deliveries of the limited 25 motorcycles set to commence from January 2024 onwards.
As of 9:50 am, Eicher Motors’ shares showed a slight 0.37 percent dip, trading at ₹3,835.00, maintaining the market’s keen interest in the company’s dynamic product portfolio.
