Eicher Motors Ltd reports 3% YoY drop in Decemeber 2020 sales

Eicher Motors Ltd has announced the sales figures for Eicher Trucks and Buses & Volvo Trucks for the month of December 2020. The company has sold 4892 vehicles during December 2020, as against 5042 in December 2019 registering a drop of 3% YoY.

The company has sold 4687 Eicher Trucks and Buses in December 2020, as compared to 4910 in December 2019, drop of 4.5% YoY. The domestic sales of Eicher Trucks and Buses stood at 4069 units in December 2020, 7.7% lower than 4410 units in December 2019. The exports of Eicher Trucks and Buses increased 23.6% YoY to 618 units in December 2020, as compared to 500 units in December 2019.

The company has sold 205 Volvo Trucks during December 2020, a growth of 55.3% YoY as against 132 units in December 2019.

Shares of EICHER MOTORS LTD. was last trading in BSE at Rs.2551.75 as compared to the previous close of Rs. 2530.15. The total number of shares traded during the day was 21520 in over 1851 trades.

The stock hit an intraday high of Rs. 2553 and intraday low of 2518. The net turnover during the day was Rs. 54567474.

Source : Equity Bulls

Keywords