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Royal Enfield maker Eicher Motors' sales up 23% in May

Royal Enfield maker Eicher Motors' sales up 23% in May
Gurgaon-based Eicher Motors on Friday said its motorcycles sales rose 23% in the month of May, helped by an increased demand for its Royal Enfield motorcycles with an engine capacity of up to 350cc.
Eicher Motors sold 68,813 units in May, the company said in a statement.
Models with engine capacity exceeding 350 cc reported a rise of 21% to 5,884 units in the same period.
Eicher Motors' export sales grew 7% to 2,187 units, the statement said.
Shares in the company were down about 4% to Rs 29,571 at 1307 India time on the National Stock Exchange.
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