All sorts of statistical information lands on my desktop, most of it assiduously pursued. And one recent chunk of data thus acquired contained a surprise. It was an official sales volume report to regulators at the two big Mumbai-based Indian stock exchanges, the BSE and National, upon which shares in Royal Enfield motorcycle manufacturer Eicher are quoted. The document in question covered performance in the first quarter of Eicher’s current fiscal year to 30 June. Figures therein suggested Royal Enfield may soon become a victim of its own success…
Read the On the Money column here
