Eicher Motors has announced its sales performance for November 2020. The company sold 63,782 of Royal Enfield (RE) in the latest month, up 6% from 60,411 units in the same month a year ago. Of the total, 4,698 units were exported rising by a whopping 122% yoy. Remaining were domestic sales.
During the latest month, Eicher recorded sales of 57,418 units in RE models with engine capacity up to 350cc, which saw single-digit growth of 2% from 56,204 units in November 2019.
While sales in RE models with engine capacity exceeding 350cc was at 6,364 units in November 2020, up 51% from 4,207 units sold in November 2019.
Between April - November 2020, RE sales were at 3,38,461 units down 30% yoy.
The company's VECV sales were also higher in November 2020, with 3,710 units sold. VECV sales increased by 3.2% from 3,594 units sold a year ago the same month.
On Sensex, Eicher stock finished at Rs2533.20 per piece flat compared to the previous closing.