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Royal Enfield, the global leader in the mid-size (250cc-750cc) motorcycle segment, today introduced the Classic 650 in India at prices starting from INR 3,37,000/-. Building on the legacy of the Classic range, the Classic 650 perfectly blends timeless elegance, modern design cues and sophisticated craftsmanship with the enduring spirit of motorcycling.
More than a motorcycle, the Classic has been a cultural phenomenon. Rooted deeply in Royal Enfield's history, the Classic's lineage dates back to the golden age of motorcycling. The Classic 650 is a motorcycle that seamlessly blends heritage with modernity, tradition with innovation, and nostalgia with contemporary craftsmanship. Every curve, every polished metal accent, and every signature design detail tells a story of a time when motorcycles were built to be cherished for a lifetime.
The Royal Enfield ‘Classic' has remained the purest form of RE DNA in an elegant and undiluted form. Not only has it been the foundation of several Royal Enfield motorcycle models, it has also remained a motorcycle with an impeccable pedigree, timeless elegance, old-world charm, and distinct, unwavering character. With bespoke craftsmanship and design language the Classic has represented the very culture of classic automotive design, aesthetics and engineering.
Eicher Motors Ltd is up for a fifth straight session today. The stock is quoting at Rs 5453.2, up 0.4% on the day as on 12:44 IST on the NSE. The benchmark NIFTY is down around 0.19% on the day, quoting at 23624.2. The Sensex is at 77780.54, down 0.3%. Eicher Motors Ltd has gained around 10.49% in last one month.
Meanwhile, Nifty Auto index of which Eicher Motors Ltd is a constituent, has gained around 2.68% in last one month and is currently quoting at 21737.6, up 0.78% on the day. The volume in the stock stood at 1.54 lakh shares today, compared to the daily average of 4.55 lakh shares in last one month.
The benchmark March futures contract for the stock is quoting at Rs 5443.75, up 0.3% on the day. Eicher Motors Ltd is up 39.33% in last one year as compared to a 6.78% jump in NIFTY and a 3.6% jump in the Nifty Auto index.
The PE of the stock is 35.96 based on TTM earnings ending December 24.
Total sales of Volvo trucks and buses in February 2025 stood at 183 units, up by 2.8% YoY.
Further, the company’s monthly motorcycle sales in Feb’25 stood at 90,670 units, which is higher by 19% as compared with 75,935 units in the same month a year ago.
Sales of motorcycle models with engine capacity up to 350 cc jumped 17% to 77,775 units, and sales of motorcycle models with engine capacity exceeding 350 cc surged 33% to 12,895 units in February 2025 over February 2024.
The international business recorded sales of 9,871 units in Feb’25, up by 23% as compared with 8,013 units sold in the same period last year.
Eicher Motors is the listed parent of Royal Enfield, the global leader in middleweight motorcycles. In addition to motorcycles, Eicher has a joint venture with Sweden's AB Volvo—Volvo Eicher Commercial Vehicles, which operates in India's commercial vehicle space.
The company reported 17.5% jump in consolidated net profit to Rs 1,170.50 crore in Q3 FY25 as compared with Rs 995.97 crore in Q3 FY24. Revenue from operations increased 18.8% YoY to Rs 4,888.11 crore in Q3 FY25.