How Many People are riding ROYAL ENFIELD BIKE ? or wish to ride it ?
Look at the company's growth
Eicher Motors (Makers of Royal Enfield).
Share Price on September 2001 = Rs. 17.50
Price of Royal Enfield bike in 2001 was 5 Lacs Rs.
If any one would have bought the shares of Eicher Motors instead of bike than he would have got 28,571 shares ((Rs. 500000/ Rs 17.50 (share Price) = 28571 Shares))
Eicher Motor's Share Price as on 13th October 2014 is Rs. 11,273 (Just for 1 share)
Value as on 13th October 2014 = 28571 x 11,273 = 32.2 Crores
5 lacs is worth 32.2 Crore in 13 Years.
CHOICE IS YOURS :) :) :)
Look at the company's growth
Eicher Motors (Makers of Royal Enfield).
Share Price on September 2001 = Rs. 17.50
Price of Royal Enfield bike in 2001 was 5 Lacs Rs.
If any one would have bought the shares of Eicher Motors instead of bike than he would have got 28,571 shares ((Rs. 500000/ Rs 17.50 (share Price) = 28571 Shares))
Eicher Motor's Share Price as on 13th October 2014 is Rs. 11,273 (Just for 1 share)
Value as on 13th October 2014 = 28571 x 11,273 = 32.2 Crores
5 lacs is worth 32.2 Crore in 13 Years.
CHOICE IS YOURS :) :) :)
Very interesting,good job and thanks for sharing such a good blog. You’re doing a great job.Keep it up
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