Eicher Motors share price rises 3%, hits 52-week high after strong January sales | Stock Market News
Eicher Motors share price rallied over 3% to a 52-week high on Monday after the company reported strong sales for the month of January 2025. Eicher Motors shares jumped as much as 3% to ₹5,550.00 apiece on the BSE.
Eicher Motors said that the total sales of its Royal Enfield motorcycles rose 20% to 91,132 units in January 2025 from 76,187 in the same month last year. Royal Enfield’s exports jumped 79% during the month to 10,080 units from 5,631 units, year-on-year (YoY).
VECV Sales
VE Commercial Vehicles Limited (VECV), a joint venture between Volvo Group and Eicher Motors, posted total sales of 8,489 units in January 2025, registering a growth of 20.1% from 7,066 units in the year-ago period.