Royal Enfield has become the hottest two-wheeled tip for investors on a worldwide basis, after a fourth consecutive year of stellar gains on the Bombay Stock Exchange.
As regular readers of global motorcycle share price guides exclusively published online and in print by British Dealer News will have noted, Royal Enfield parent Eicher Motors exited 2014 with its shares worth the equivalent of £159 each (15,082 rupees to be precise), having trebled in value over the past year. But this phenomenon is nothing new. Eicher shares were priced at just 13 quid (1244 rupees) a pop as 2011 dawned and their value is now an extraordinary 12 times higher, cranking the company’s market capitalisation up past the £4.24bn mark. And, apart from this fabulous serial growth in yearly return on investment, dividends have risen by more than 40 per cent over the same period.
More detail, and full share price listing, in the next issue of British Dealer News.