Stock Report

Eicher Motors Ltd reports 78.3% YoY growth in May 2021 sales volume



Posted On : 2021-06-01 16:48:53( TIMEZONE : IST )

Eicher Motors Ltd reports 78.3% YoY growth in May 2021 sales volume

Eicher Motors Ltd has announced the sales figures for Eicher Trucks and Buses & Volvo Trucks for the month of May 2021. The company has sold 1223 vehicles during May 2021, as against 686 in May 2020 registering a growth of 78.3% YoY.

The company has sold 1175 Eicher Trucks and Buses in May 2021, as compared to 61 in May 2020, growth of 77.8% YoY. The domestic sales of Eicher Trucks and Buses stood at 656 units in May 2021, 52.6% higher than 430 units in May 2020. The exports of Eicher Trucks and Buses increased 124.7% YoY to 519 units in May 2021, as compared to 231 units in May 2020.

The company has sold 48 Volvo Trucks during May 2021, a growth of 92% YoY as against 25 units in May 2020.

Shares of EICHER MOTORS LTD. was last trading in BSE at Rs.2665.6 as compared to the previous close of Rs. 2676.55. The total number of shares traded during the day was 60724 in over 6197 trades.

The stock hit an intraday high of Rs. 2702.7 and intraday low of 2630. The net turnover during the day was Rs. 162949233.

Source : Equity Bulls

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