Eicher Motors sales of VE Commercial Vehicles Limited (VECL) increased by 20.2% in February 2021 to 5,335 units compared to sales of 4,439 units in February 2020. However, so far in FY21, the VECV's sales contracted by 27.8% to 33,318 units from 46,132 units sold in the corresponding period of the previous year.
Eicher's domestic sales were at 4,825 units in February 2021, rising by 24.5% yoy.
While the company's total exports in the VECV declined by 9.6% yoy to 510 units in the month under review.
Eicher's total Volvo trucks and buses sales were at 122 units in February 2021, contracting by 17% yoy.
On Sensex, Eicher completed at Rs2557.95 per piece up Rs60.45 or 2.42%.