Eicher Motors' Commercial Vehicles Arm Reports 29% Higher Sales in May

MT Newswires Live
Jul 01

Eicher Motors (NSE:EICHERMOT, BOM:505200) subsidiary, VE Commercial Vehicles, reported a 29.3% increase in its total sales in June to 9,519 units from 7,363 units sold a year ago.

Domestic sales were up 27.9% year on year to 8,595 units, while exports jumped 41.6% to 674 units, according to an Indian bourse filing on Wednesday.

Shares of the tractor manufacturer rose nearly 1% in recent trade.

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