Did you ever guess that instead of buying Royal Enfield Bullet, if you have purchased its shares in 2000 you would have become crorepati by now! The cost of Royal Enfield motorcycle in 2000 was around 55,000. Instead if you have purchased shares of Royal Enfield it is worth Rs 4.5 Crore now.
Its true, instead of spending Rs 55,000 to buy a Royal Enfield motorcycle in 2001, if we have purchased the shares of Eicher Motors, the parent company of Royal Enfield, at 21.55 Rs/share it is now worth of Rs 4.38 Crore with share price at 17,000.(as of October 2019).
Meaning, the value of one share in Jan 2000 is Rs 22 which is now trading at Rs 17,000. With 55,000 investment the investor owns around 2,552 shares in Eicher motors
The Eicher motors share has hit all time high on 15 September 2017 touching nearly Rs 33,000 mark. The value of stock (2,552 shares) at that time was around Rs 8.36 Crore.
The below is the trend of Eicher Motors share price from 2000.
- X-Axis indicates timeline
- Y-Axis(Secondary/Right side indicates the share price)
- Y-Axis(Primary/Left Side indicates the value of stock)
Cost of Royal Enfield motorcycle in 2000 is now worth 4.5 Crore