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Eicher Motors gains post November sales

The stock moved higher by 3.5% to Rs 22,434 after the company reported 41% YoY jump in sales at 57,313 units in November 2016.

SI Reporter  |  Mumbai 

Eicher Motors has moved higher by 3.5% to Rs 22,434 on the BSE after the company reported 41% year on year (YoY) jump in total sales at 57,313 units in November 2016. The motorcycle and commercial vehicle maker sold 40,769 units in the same month last year. Models with engine capacity of upto 350cc showed 40% YoY sales growth at 52,359 units, while heavier vehicles exceeding 350cc in engine capacity saw 49% YoY growth at 4,954 units during the month. Exports jumped more than three-fold to 1,470 units against 457 units in November 2015. On cumulative basis, the firm has ...

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First Published: Thu, December 01 2016. 11:10 IST
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