Eicher navigates growth potholes | Mint
The shares of the listed parent of Royal Enfield (RE), Eicher Motors Ltd, need a boost. In the past one year, its shares have risen by just 4%, significantly lagging the Nifty Auto index’s 26% returns, despite RE being a beneficiary of the ongoing premiumization trend in the automobile industry. What gives? The intensifying competition in premium segment poses new risks to RE’s market share, following the entry of vehicles by Bajaj Auto and Hero MotoCorp in collaboration with Triumph Motorcycles and Harley Davidson, respectively. The impact on RE can be fully assessed only after the companies scale up their new launches in the coming months.
Denial of responsibility! yesspdf.com is an automatic aggregator around the global media. All the content are available free on Internet. We have just arranged it in one platform for educational purpose only. In each content, the hyperlink to the primary source is specified. All trademarks belong to their rightful owners, all materials to their authors. If you are the owner of the content and do not want us to publish your materials on our website, please contact us by email – at email@example.com The content will be deleted within 24 hours.