Eicher Motors announces ₹2,200 crore expansion plan
after close1 source ↓written by the desknot a recommendation
- in a manufacturing
- ₹2,200 crore
- currently trading
- ₹7,393
- 1.11%
- return
- 34.74%
Eicher Motors is investing ₹2,200 crore in a manufacturing expansion in Andhra Pradesh, aimed at boosting production capacity for Royal Enfield. This move signals a shift towards large-scale global expansion following a successful brand revival. Shares are currently trading at ₹7,393, up 1.11%, with a 34.74% return over the past year.
Not investment advice. For informational purposes only.