Excessive decline of 69% in Eicher Motors exports

Eicher Motors’s November exports fell by 69% on year-on-year basis.
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In November this year, Eicher exported 718 vehicles compared to 2,350 vehicles in the same month last year. In addition, the total sales of the company were reduced by 6% from 70,126 units to 65,744 units, including exports.

Sales of engine capacity up to 350 cc out of total sales declined by 6% from 65,751 units, while 61,890 units and 350 cc engine capacity went up from 3,375 units to 3,854 units, down by 12%. However, there has been no significant negative impact on the company’s share of declining sales.

On the other hand, shares of Eicher Motors in the BSE have risen to Rs 23,510.00 in the business till now, at Rs 23,307.00, compared to the previous closed level of Rs 23,405.20. Nearly 10 pm, Eicher Motors shares are trading at Rs. 23,418.15 with an increase of Rs. 12.95 or 0.06%.

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