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Eicher Motors shares jump 7%, hits 52-week high after strong Royal Enfield sales in December

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Eicher Motors' shares surged 7% to a 52-week high of Rs 5,226, driven by strong December sales. The company reported a 25% YoY increase in Royal Enfield sales, with 79,466 units sold. Sales of motorcycles up to 350cc grew 25%, while those above 350cc also rose by 25%. Exports saw a remarkable 90% YoY surge.