Eicher Motors Ltd

Domestic sales increased by 35.6% to 6,720 units and total exports surged 75.4% to 705 units in November 2025 over November 2024. Further, the company's monthly motorcycle sales in November 2025 stood at 1,00,670 units, which is higher by 22% compared with 82,257 units in the same month a year ago. Sales of motorcycle models with engine capacity up to 350 cc jumped 27% to 90,312 units, while sales of motorcycle models with engine capacity exceeding 350 cc declined 6% to 10,358 units in November 2025 over November 2024. The international business reported sales of 10,265 units in November 2025, a modest 2% rise over the 10,021 units recorded in the corresponding 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 a 24.45% jump in consolidated net profit to Rs 1,369.45 crore in Q2 FY26 as against Rs 1,100.33 crore posted in Q2 FY25. Total revenue from operations surged 44.76% year-on-year (YoY) to Rs 6,171.59 crore in the quarter ended 30 September 2025.Powered by Capital Market - Live

Eicher Motors sold 1,00,670 motorcycles in month of November 2025 compared to 82,257 units in November 2024, recording a growth of 22%. Total sales include export of 10,265 units (up 2% YoY). Powered by Capital Market - Live

Eicher Motors announced that its unlisted material subsidiary, VE Commercial Vehicles has sold 7,652 units of trucks and busses including EVs in month of November 2025 compared to 5,574 units in November 2024, recording a growth of 37.3%. Powered by Capital Market - Live

Eicher Motors Ltd gained for a fifth straight session today. The stock is quoting at Rs 7198, up 1.02% on the day as on 12:44 IST on the NSE. The benchmark NIFTY is down around 0.16% on the day, quoting at 26149.05. The Sensex is at 85483.28, down 0.17%. Eicher Motors Ltd has gained around 4.55% in last one month. Meanwhile, Nifty Auto index of which Eicher Motors Ltd is a constituent, has gained around 1.77% in last one month and is currently quoting at 27554, up 0.53% on the day. The volume in the stock stood at 3.9 lakh shares today, compared to the daily average of 4.96 lakh shares in last one month. The benchmark November futures contract for the stock is quoting at Rs 7179.5, up 0.93% on the day. Eicher Motors Ltd is up 44.36% in last one year as compared to a 9.38% jump in NIFTY and a 17.6% jump in the Nifty Auto index.The PE of the stock is 41.62 based on TTM earnings ending September 25.Powered by Capital Market - Live

The key equity benchmarks traded with strong gains in afternoon trade supported by positive global cues after AI bellwether, Nvidia reported upbeat earnings. However, investor will monitor movements in crude oil prices and other global developments. The Nifty traded near the 26,200 level. Auto, IT and private bank shares advanced while media, PSU bank and realty shares declined At 13:25 IST, the barometer index, the S&P BSE Sensex, advanced 441.95 points or 0.52% to 85,628.43. The Nifty 50 index gained 138.80 points or 0.53% to 26,192.30. The broader market, the S&P BSE Mid-Cap index added 0.05% and the S&P BSE Small-Cap index remained unchanged. The market breadth was negative. On the BSE, 2,009 shares rose and 2027 shares fell. A total of 220 shares were unchanged. The NSE's India VIX, a gauge of the market's expectation of volatility over the near term, advanced 1.46% to 12.15. Gainers & Losers: Eicher Motors (up 2.95%), Bajaj Finserv (up 2.26%), Reliance Industries (up 1.71%), Bajaj Finance (up 1.57%) and Tech Mahindra (up 1.40%) were the major Nifty50 gainers. Asian Paints (down 1.21%), HCL Technologies (down 0.49%), Maruti Suzuki India (down 0.44%), Tata Steel (down 0.33%) and Max Healthcare Institute (down 0.33%) were the major Nifty50 losers. Stocks in Spotlight: Tilaknagar Industries (TI) jumped 3.01% after the company has marked its entry into the premium whisky category with the launch of Seven Islands pure malt whisky. Transrail Lighting rose 1.35% after the company announced that it has received new orders worth Rs 548 crore, including a major international transmission line EPC project in a new country within MENA region. Epack Prefab Technologies surged 3.55% after it entered into a memorandum of understanding (MoU) with MASCOT South Asia LLP to facilitate its proposed capacity addition in the State of Gujarat. The MoU will enable collaboration between Epack Prefab, MASCOT South Asia LLP, and the company for the planned expansion, forming part of the company's strategy to enhance production capabilities and leverage advanced technology for growth in the region. Meghmani Organics advanced 1.09% after the company incorporated wholly owned foreign subsidiary (WOFS), Meghmani Organics Biodefensivos E Agricolas Do Brazil, to explore business opportunities in Brazil. Mahindra Holidays rallied 4.27% after the company's board approved entering into 'Leisure Hospitality' segment, aimed at scaling and diversifying its existing business portfolio. The new vertical will be operated through its wholly owned subsidiary, Mahindra Hotels and Residences India, under the brand name Mahindra Signature Resorts. ACME Solar Holdings rose 0.91%. The company has commissioned an additional 16 MW of its 100 MW wind power project in Surendranagar, Gujarat, following the commissioning of 28 MW in October 2025. With this phase, the project's operational capacity now stands at 44 MW, contributing to ACME Solar's overall operational portfolio rising to 2,934 MW. Global Markets: European and Asian markets advanced on Thursday, as chip shares rallied after Nvidia's stronger-than-expected earnings and bullish forecast appeared to reinforce confidence in the global AI trade and boost the broader market. Shares of the chip giant jumped more than 4% in extended trading after its fiscal third-quarter earnings beat earnings and revenue expectations. The AI chip maker also gave a stronger-than-expected fourth-quarter sales forecast, with CEO Jensen Huang saying demand for its current-generation Blackwell chips is 'off the charts.' U.S. equity futures edged higher in early Asian hours after Nvidia's upbeat guidance, which likely lifted investor sentiment around the AI trade, following recent sessions that reflected fears about elevated valuations, debt financing, and potential chip depreciation. On Wall Street, stocks closed mostly higher on Wednesday as Wall Street recovered some ground from tech-led sell-off. The S&P 500 gained 0.38% to close at 6,642.16, snapping a four-day losing streak, while the Nasdaq Composite advanced 0.59% to settle at 22,564.23. The Dow Jones Industrial Average climbed 47 points, or 0.1%, to finish at 46,138.77. Latest meeting minutes released on Wednesday showed that the Federal Reserve officials were at odds during their October meeting over cutting interest rates, divided over whether a stalling labor market or stubborn inflation were bigger economic threats. While the Federal Open Market Committee approved a cut at the meeting, the path forward looks less certain. Disagreements stretched into the outlook for December, with officials expressing skepticism about the need for an additional reduction that markets had been widely anticipating, with 'many' saying that no more cuts are needed at least in 2025. The minutes did note that 'most participants' saw further cuts likely in the future, though not necessarily in December. The minutes also discussed the balance sheet aspect of policy. The FOMC agreed to stop the reduction of Treasury and mortgage-backed securities in December, a process that has shaved more than $2.5 trillion off the balance sheet, which is still around $6.6 trillion. There appeared to be widespread approval for the halting of a process known as quantitative tightening.Powered by Capital Market - Live

Securities in F&O Ban: Steel Authority of India shares are banned from F&O trading on 14 November 2025. Results Today: Tata Motors Passenger Vehicles, Siemens, Marico, MRF, Glenmark Pharma, Exide Industries, SKF India, V2 Retail, Archean Chemical Industries, Ahluwalia Contracts (India), Allcargo Logistics, Ashoka Buildcon, BASF India, Bombay Burmah Trading Corporation, Borana Weaves, Cargotrans Maritime, Confidence Petroleum India, Valor Estate, Dreamfolks Services, EMS, Engineers India, Fineotex Chemical, Brainbees Solutions will announce their quarterly results today. New Listing In the mainboard IPO space, Pine Labs is set to make its market debut today. Meanwhile, on the SME front, Shining Tools is also scheduled to list, making it a busy day for IPO activity. Stocks to Watch: Eicher Motors reported 24.45% jump in consolidated net profit to Rs 1,369.45 crore in Q2 FY26 as against Rs 1,100.33 crore posted in Q2 FY25. Total revenue from operations surged 44.76% year-on-year (YoY) to Rs 6,171.59 crore in the quarter ended 30 September 2025. LG Electronics India reported 27.3% decline in standalone net profit to Rs 389 crore in Q2 FY26 as against Rs 536 crore posted in Q2 FY25. However, revenue from operations rose 1% year on year to Rs 6,174 crore in the quarter ended 30 September 2025. Hero MotoCorp's consolidated net profit rose 23% to Rs 1,308.89 crore on a 16.6% rise in revenue from operations to Rs 12,218.39 crore in Q2 FY26 over Q2 FY25. Tata Motors CV reported consolidated net loss of Rs 867 crore in Q2 FY26 as against Rs 498 crore posted in Q2 FY25. However, revenue from operations rose 6% year-on-year (YoY) to Rs 18,585 crore in the quarter ended 30 September 2025. Voltas' consolidated net profit fell 74.4% to Rs 34.3 crore, while revenue from operations declined 11% to Rs 2,314.39 crore in Q2 FY26 compared with Q2 FY25. Dilip Buildcon consolidated net profit fell 19.5% to Rs 214 crore, while revenue from operations declined 21.8% to Rs 1,926 crore in Q2 FY26 compared with Q2 FY25. Powered by Capital Market - Live

Total revenue from operations surged 44.76% year-on-year (YoY) to Rs 6,171.59 crore in the quarter ended 30 September 2025. Profit before tax (PBT) for the quarter stood at Rs 1,779.01 crore in Q2 FY26, up 30.61% from Rs 1,362.05 crore reported in Q2 FY25. The company reported an EBITDA of Rs 1,512 crore in Q2 FY26, marking a 38.97% year-on-year increase. During the quarter, Royal Enfield recorded its highest-ever quarterly sales volume of 3,27,067 motorcycles, up 45% from 2,25,317 motorcycles sold during Q2 FY 2024-25. VE Commercial Vehicles's (VECV) revenue from operations in Q2 FY 2025-26 stood at Rs 6,106 crore, up 10.3% from Rs 5,538 crore. EBITDA for the second quarter rose 8% to Rs 479 crore, from Rs 395 crore a year ago. Profit after tax stood at Rs 249 crore as against Rs 208 crore last year. VECV recorded sales of 21,901 vehicles in the second quarter, up from 20,774 vehicles last year. B. Govindarajan, Managing Director of Eicher Motors and Chief Executive Officer of Royal Enfield, said, 'This has been a truly encouraging quarter for Eicher Motors, as we recorded strong performance across the board for both Royal Enfield and VECV. At Royal Enfield, we have continued to deliver steady growth in volumes while further strengthening our growth story quarter after quarter. We witnessed an outstanding festive season, achieving record sales of 2.49 lakh units. The Government of India's GST reform has further enhanced accessibility for motorcycles under 350cc, as reflected in the strong customer demand. At EICMA, this year, we marked a significant milestone in Royal Enfield's legacy as we entered our 125th year of Pure Motorcycling, a legacy that is built on authenticity, craftsmanship, and an unwavering pursuit of timeless design. From crafting the world's first production motorcycle in 1901 to becoming a global symbol of pure motorcycling, Royal Enfield's journey has been one of evolution anchored in heritage. Our showcase at EICMA this year reflected a perfect blend of past, present and future; ranging from the special edition of our most iconic motorcycle ' the Classic 650 to a bigger and bolder Bullet 650, to pushing the boundaries of urban exploration with the Flying Flea S6. VECV, too, has continued to show steady growth, supported by a robust product portfolio and a deep understanding of India's changing commercial mobility landscape. Our ongoing focus on developing sustainable and efficient transport solutions positions us strongly for the future. As we progress, our dedication to long-term value creation remains firm, driven by customer-centric innovation, global aspirations, and meaningful brand experiences at every level.' Vinod Aggarwal, MD and CEO ' VECV and vice chairman of Eicher Motors said 'VECV delivered a solid performance in Q2 FY26, growing by 5.4% year-on-year and registering our best ever second quarter in terms of truck and bus deliveries. Eicher retained its position as the market leader in Light and Medium Duty Trucks (5-18.5 T GVW), while delivering 10,096 units in the quarter. We continue to make steady progress in the Heavy-Duty trucks segment, recording our best ever second quarter deliveries and a market share of 10.5% during the period. Reflecting our expanding dealer network and focus on customer Service and uptime, spare parts sales grew 11.8% quarter-on-quarter. Volvo Trucks and Buses continue to dominate their respective segments. During the quarter we launched the Eicher Pro Plus range of medium duty trucks with air-conditioned cabs to conform to legal mandates. Equipped with unique fuel-efficient compressor technology, these trucks were launched with improvements to loading capacity to deliver a win-win for both operators and drivers. Profit After Tax for the quarter improved to Rs 249.3 crore, a growth of 19.7% over the corresponding period last year. GST rationalization has had a positive impact on consumer confidence and consumption. This will in-turn support demand for commercial vehicles in the coming period.' 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. Powered by Capital Market - Live

Net profit of Eicher Motors rose 24.46% to Rs 1369.45 crore in the quarter ended September 2025 as against Rs 1100.33 crore during the previous quarter ended September 2024. Sales rose 45.02% to Rs 6071.19 crore in the quarter ended September 2025 as against Rs 4186.38 crore during the previous quarter ended September 2024. ParticularsQuarter EndedSep. 2025Sep. 2024% Var. Sales6071.194186.38 45 OPM %24.9025.98 - PBDT1978.571542.11 28 PBT1779.011362.05 31 NP1369.451100.33 24 Powered by Capital Market - Live

Eicher Motors will hold a meeting of the Board of Directors of the Company on 13 November 2025.Powered by Capital Market - Live

The key equity domestic indices pared early gains and traded near the flat line in the morning trade. Investors will monitor companies Q2 results and auto sales figures. The Nifty slipped below the 25,750 mark. PSU Bank shares witnessed buying demand for second consecutive trading sessions. At 10:25 IST, the barometer index, the S&P BSE Sensex, dropped 59.60 points or 0.07% to 83,879.11. The Nifty 50 index fell 1.80 points or 0.01% to 25,720.40. The broader market outperformed the frontline indices. The S&P BSE Mid-Cap index advanced 0.27% and the S&P BSE Small-Cap index rose 0.62%. The market breadth was negative. On the BSE, 1,653 shares rose and 2,014 shares fell. A total of 196 shares were unchanged. Earnings Today: ACME Solar Holdings, Ajanta Pharma, Ambuja Cements, Aurionpro Solutions, Bharti Airtel, Bharti Hexacom, Cantabil Retail India, JK Paper, Power Grid Corporation, Tata Consumer Products, Westlife Foodworld, Thangamayil Jewellery will declare their Q2 results later today. Buzzing Index: The Nifty PSU Bank index jumped 1.96% to 8,344.45. The index rose 3.55% in the two consecutive trading sessions. Bank of Baroda (up 3.54%), Punjab & Sind Bank (up 2.33%), UCO Bank (up 2.32%), Canara Bank (up 2.15%), Central Bank of India (up 1.67%,) Indian Overseas Bank (up 1.67%), Bank of Maharashtra (up 1.44%), Union Bank of India (up 1.39%), Indian Bank (up 1.22%) and Bank of India (up 1.17%) surged. Stocks in Spotlight: Eicher Motors rose 0.56%. The company has reported 13% jump in total motorcycle sales to 124,951 units in October 2025 from 110,574 units in October 2024. JK Cements declined 3.53% after the company reported a 50.52% tumble in consolidated net profit to Rs 160.53 crore on a 9.94% drop in revenue from operations to Rs 3,019.20 crore in Q2 FY26 as compared with Q1 FY26.Powered by Capital Market - Live