Eicher Motors rose 2.13% at Rs 16,658.95 at 11:45 IST on BSE after the company said that its subsidiary VE Commercial Vehicles' total sales rose 25.1% to 3,262 units in January 2015 over January 2014.
The company announced sales figures before market hours today, 2 February 2015
Meanwhile, the S&P BSE Sensex was down 120.64 points or 0.41% at 29,062.31.
On BSE, so far 3,820 shares were traded in the counter as against average daily volume of 4,373 shares in the past one quarter.
The stock hit a high of Rs 16,895, also a record high for the stock. The stock hit a low of Rs 16,388 so far during the day. The stock had hit a 52-week low of Rs 4,405 on 12 February 2014.
The stock had underperformed the market over the past one month till 30 January 2015, gaining 6.19% compared with Sensex's 6.49% rise. The scrip had, however, outperformed the market in past one quarter, jumping 29.93% as against Sensex's 6.72% rise.
The large-cap auto firm has equity capital of Rs 27.10 crore. Face value per share is Rs 10.
Eicher Motors' subsidiary VE Commercial Vehicles' domestic sales rose 25.1% to 2,905 units in January 2015 over January 2014. Exports rose 24.8% to 357 units in January 2015 over January 2014.
Separately, Eicher Motors during market hours today, 2 February 2015 said that its total motorcycles sales rose 43% to 28,927 units in January 2015 over January 2014. Exports rose 82% to 770 units in January 2015 over January 2014.
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