Eicher Motors Ltd reports 3.2% YoY increase in November 2020 sales of commercial vehicles

Eicher Motors Ltd has announced the sales figures for Eicher Trucks and Buses & Volvo Trucks for the month of November 2020. The company has sold 3710 vehicles during November 2020, as against 3594 in November 2019 registering a growth of 3.2% YoY.

The company has sold 3561 Eicher Trucks and Buses in November 2020, as compared to 3450 in November 2019, higher by 3.2% YoY. The domestic sales of Eicher Trucks and Buses stood at 3088 units in November 2020, 4.7% higher as against 2948 units in November 2019. The exports of Eicher Trucks and Buses dropped 5.8% YoY to 473 units in November 2020, as compared to 502 units in November 2019.

The company has sold 149 Volvo Trucks during November 2020, a growth of 3.5% YoY as against 144 units in November 2019.

Shares of EICHER MOTORS LTD. was last trading in BSE at Rs.2536.7 as compared to the previous close of Rs. 2550.3. The total number of shares traded during the day was 49187 in over 5469 trades.

The stock hit an intraday high of Rs. 2617.5 and intraday low of 2518.4. The net turnover during the day was Rs. 126951565.

Source : Equity Bulls

Keywords