Can the Bullet pierce through new roadblocks?
- The big bike battles are here, with Hero and Bajaj looking to steal the thunder from Royal Enfield
- Big bikes from multinational brands were too expensive for the majority of Indians. But through tie-ups with Indian automakers like Hero and Bajaj, they have launched cheaper bikes.
NEW DELHI : On 4 July, automaker Eicher Motors Ltd’s share price registered a 6% drop on the BSE. It continued to drop over the next four days, leading to an unprecedented 12.5% decline in five days. Eicher, otherwise, is one of the top performing stocks in the market. Its share price has jumped nearly nine times in the last decade when the overall market has only trebled.