Week Ahead Stocks: Eicher Motors posts sales of 2145 vehicles in April 2021

May 01 2021 05:06 PM
Week Ahead Stocks: Eicher Motors posts sales of 2145 vehicles in April 2021

Indian leading manufacturer of motorcycles and commercial vehicles, Eicher Motors Ltd has announced the sales figures for Eicher Trucks and Buses & Volvo Trucks for the month of April 2021. The company in its regularly filing said, it has sold 2145 vehicles during April 2021, as against 85 in April 2020 registering a growth of 2423.5% YoY.

The company has sold 2096 Eicher Trucks and Buses in April 2021, as compared to 79 in April 2020, growth of 2553.2% YoY. The exports of Eicher Trucks and Buses increased 1219.5% YoY to 541 units in April 2021, as compared to 41 units in April 2020. The domestic sales of Eicher Trucks and Buses stood at 1555 units in April 2021, 3992.1% higher than 38 units in April 2020.

The company has sold 49 Volvo Trucks during April 2021, a growth of 716.7% YoY as against 6 units in April 2020.

Based on these results, shares of Eicher Motors will be in the spotlight in the week ahead markets.

Shares of EICHER MOTORS LTD. on Friday closed on NSE at Rs. 2,419.95 as compared to the previous close of Rs. 2,462.90. The total Traded Volume shares during the day was 6,46,257

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