Harley Davidson News

06.07 / 08:17

Lowe's Target Extreme Harley-Davidson SENSEX Eicher Motors erases about ₹10,700 crore mcap in three sessions; what should you do?

Eicher Motors declined 3 per cent in intraday trade on BSE on Thursday (July 6), looking set to extend their losing streak into the third consecutive session. The stock opened at ₹3,268.95 against the previous close of ₹3,309.95 and fell 3 per cent to the intraday low of ₹3,207.55. The stock has been in the red since Tuesday, July 4, making investors poorer by about ₹10,700 crore in three sessions as the market capitalisation (mcap) of the stock was ₹88,540 crore around 1 pm today, down from ₹99,248 crore on July 3.

06.07 / 07:57

NIFTY SENSEX Indian Indian shares close flat as auto, consumer stocks offset slide in financials

Indian shares were little changed on Wednesday as a rise in auto and consumer stocks offset the slide in high-weightage financials. The Nifty index settled 0.05% higher at 19,398.50, while the S&P BSE Sensex fell 0.05% to 65,446.04. Both the indexes had hit all-time highs at each of the four previous sessions.

06.07 / 07:05

COST Lowe's Eicher Motors shares tank over 11% in 3 days. Should you buy or sell?

Eicher Motors tanked 11.4% in the last 3 days after rival Hero MotoCorp and Harley Davidson announced the debut of the co-developed premium motorcycle X440 in India. In Thursday's trade, shares of Eicher Motors fell over 3% to Rs 3,207. Analysts stated that HD X440 would rival the likes of Royal Enfield's RE Classic 350 and Hunter 350.

06.07 / 06:55

Target Racing Fighting Strategy Harley-Davidson Hero Bajaj Auto, Hero Moto's race to triumph over Enfield’s market pie may dent Eicher's margins

Hero MotoCorp and Bajaj Auto sealed partnership with Harley Davidson and Triumph, respectively. They have announced launching of products in the cruiser segment, which was long dominated by Eicher Motors’ Royal Enfield. The average industry size of the domestic >350CC category was 65,500 units per month as of FY23.

05.07 / 16:51

Booking ETF NIFTY Limelight SENSEX BSE m-cap at new record on FPI frenzy

₹300 trillion during intraday trades on Wednesday, helped by FPI buying and broader market gains. The market capitalization of 5,261 companies (excluding DVRs, REITs, InVITs, ETFs and partly paid shares) crossed the ₹300-trillion level in intraday trade, though they closed below the mark at ₹299.9 trillion. Foreign portfolio investors bought a provisional ₹1,603.15 crore even as domestic institutions booked profits and sold a provisional ₹439 crore.

03.07 / 19:11

UPS Citi CEO Platform Strategy Hero Hero rolls out 440cc Harley at ₹2.29 lakh

NEW DELHI : Hero MotoCorp on Monday stepped into India’s ballooning market for premium lifestyle motorcycles with the launch of Harley Davidson X440, a fully indigenized 440cc motorcycle it has co-created with the Milwaukee-based cult motorbike maker. The motorcycle comes at an aggressive starting price of ₹2.29 lakh ex-showroom, pricing that makes it a disruptive proposition given that it brings the cult brand within reach of the aspirational premium buyer.

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