 "Eicher Motors dips post November sales numbers")
Eicher Motors has dipped 3% at Rs 16,205 on the National Stock Exchange (NSE) after 2/3 wheeler maker said it has reported 48% year on year (YoY) growth in total sales at 40,769 units during the month of November 2015. It had sold 27,542 units during the same month last year.
The company has logged cumulative sales of 412,359 units at the end of November 2015 as against 273,957 units sold during corresponding period the previous year, Eicher Motors said in a statement.
Eicher Motors had reported 59% YoY sales growth in September 2015, followed by 71% YoY growth in October.
At 11:28 AM, the stock was down 2.5% at Rs 16,310 on the NSE. A combined 40,126 shares changed hands on the counter on the NSE and BSE.
The company has logged cumulative sales of 412,359 units at the end of November 2015 as against 273,957 units sold during corresponding period the previous year, Eicher Motors said in a statement.
Eicher Motors had reported 59% YoY sales growth in September 2015, followed by 71% YoY growth in October.
At 11:28 AM, the stock was down 2.5% at Rs 16,310 on the NSE. A combined 40,126 shares changed hands on the counter on the NSE and BSE.
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