Eicher Motors shares were trading in the green on 4 September on the back of better-than-expected sales numbers for the flagship Royal Enfield motorcycles during the month of August.

The motorcycle company recorded an 11% YoY increase in its number for August at 77,583 units.

The exports of motorcycles also saw a 13% YoY increase to 8,090 units from 7,220 units in the month during the previous fiscal year.

Eicher Motors’ core trucks and buses segment reported a 27.5% YoY increase, having sold 6,239 units in August.

On 1 September, the company also announced the launch of Royal Enfield Bullet 350, which has a base price of Rs 1.73 lakhs.

The company expects the new model’s monthly sales to range between 13,000 – 15,000 units.

At 11:24 a.m., the shares of Eicher Motors were trading at Rs 3,418.80 or 0.54% above its previous close.