Eicher Motors Ltd (EICH.BO)
Indian shares ended lower on Friday, weighed down by losses in financials stocks such as HDFC Bank Ltd, while gains in auto stocks including Maruti Suzuki Ltd and Bajaj Auto Ltd capped losses.
** Indian automaker Eicher Motors Ltd rises as much as 2.94 pct to 31,207.45 rupees, its biggest daily pct gain in about a fortnight
* MARCH QUARTER CONSOL NET PROFIT 4.62 BILLION RUPEES VERSUS PROFIT OF 4.59 BILLION RUPEES LAST YEAR
** Shares of Indian auto companies rise after strong April sales numbers
* APRIL EICHER TRUCKS AND BUSES TOTAL SALES OF 3,939 VEHICLES VERSUS 3,077 VEHICLES LAST YEAR
* APRIL TOTAL MOTORCYCLES SALES OF 76,187 UNITS VERSUS 60,142 UNITS LAST YEAR Source text - https://bit.ly/2Fx14nJ Further company coverage:
** Eicher Motors Ltd, the maker of Royal Enfield motorcycle, rises as much as 3.8 pct to 29,050 rupees, highest since March 14
* SAYS ROYAL ENFIELD ANNOUNCES CAPEX OF 8 BILLION RUPEES FOR FY 2018-19
India's Eicher Motors Ltd said on Monday it is shutting down its joint venture with U.S.-based Polaris Industries Inc immediately, as sales failed to meet expectations after the initial success.
Eicher Motors Ltd said on Monday it is shutting down its joint venture with U.S.-based Polaris Industries Inc immediately, as sales failed to meet expectations after the initial success.