Eicher Motors Ltd reports 6.5% YoY growth in June 2023 sales

Eicher Motors Ltd has announced the sales figures for Eicher Trucks and Buses & Volvo Trucks for the month of June 2023. The company has sold 6715 vehicles during June 2023, as against 6307 in June 2022 registering a growth of 6.5% YoY.

The company has sold 6527 Eicher Trucks and Buses in June 2023, as compared to 6185 in June 2022, growth of 5.5% YoY. The domestic sales of Eicher Trucks and Buses stood at 6277 units in June 2023, 12.4% higher than 5584 units in June 2022. The exports of Eicher Trucks and Buses dropped 58.4% YoY to 250 units in June 2023, as compared to 601 units in June 2022.

The company has sold 188 Volvo Trucks during June 2023 as against 122 units in June 2022, registering YoY growth of 54.1%.

The company has reported sales of 19571 units during the period April 2023 to June 2023 as against 17469 units during the period April 2022 to June 2022, registering YoY growth of 12%.

Shares of Eicher Motors Limited was last trading in BSE at Rs. 3582.45 as compared to the previous close of Rs. 3545.85. The total number of shares traded during the day was 15506 in over 2794 trades.

The stock hit an intraday high of Rs. 3599.00 and intraday low of 3507.00. The net turnover during the day was Rs. 55292916.00.

Source : Equity Bulls

Keywords

EicherMotors INE066A01021 SalesVolume June2023 Exports Trucks Buses Volvo