Near term can see pressure on volumes due to demand, as well as supply concerns
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Eicher Motors | Markets
An aggressive launch pipeline, expanded distribution network, and strong order book for Royal Enfield are expected to help Eicher Motors benefit from a rebound in volumes once recovery takes hold. Led by the Meteor 350, the company has pending bookings for over two months and is planning to launch a new model every quarter in FY22.
It has also expanded its distribution network by 35 per cent and has a presence in 1,750 cities. It added 104 large-size stores and 431 studio stores last year in India and strengthened its global footprint with new stores across 60 countries. While an aggressive ...
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First Published: Sun, May 30 2021. 21:17 IST
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For Eicher Motors, recovery gains are already factored into the stock - Business Standard
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