Eicher Motors, Hero MotoCorp and Dixon Technologies to see some action today

05 Nov 2024 Evaluate

Eicher Motors’ motorcycle division has reported 31% rise in sales at 1,10,574 units in October 2024 as compared to 84,435 motorcycles sold in October 2023. The company’s sales of models with engine capacity up to 350 cc increased by 27% at 96,837 units in October 2024 against 76,075 units in the same period year ago. The sales of its Models with engine capacity exceeding 350 cc increased by 64% at 13,737 units in October 2024 as against 8,360 units in October last year.

Hero MotoCorp has sold 679,091 units of motorcycles and scooters in October 2024. The Company registered a healthy double-digit growth of 18% over the corresponding month of the previous fiscal when it sold 574,930 units in October 2023. This significant growth was primarily driven by robust demand from key urban and rural areas, particularly in the 100cc and 125cc segment during the festive period.

Dixon Technologies (India) has incorporated Wholly Owned Subsidiary (WOS) namely Dixon Teletech for manufacture and deal in, inter-alia, all kind of Information Technology Products including Information Technology (IT) hardware components, related products, equipment and components thereof. Further, the subscription money for the WOS has been paid by the Company on November 4, 2024.

Dhruv Consultancy Services has been Shortlisted for providing Consultancy Services for the Construction Supervision of Assam Resilient Rural Bridges Program (ARRPB) spread across 35 District divided into four Zones viz. A, B, C and D by the office of Chief Engineer, Public Works Roads Department, Government of Assam vide letter dated November 02, 2024, as received by the company on November 04, 2024.

Ola Electric Mobility has reported a 74% rise in vehicle registrations at 41,605 units in October 2024 as compared to the same month last year. The company sold over 50,000 units in October 2024. Earlier, the company had launched the groundbreaking Ola Digital Twin platform to transform manufacturing processes and product development lifecycle.

Nihar Info Global’s subsidiary -- Life 108 Healthcare has partnered with Eureka Forbes and the Company is now a Registered Authorized Business Partner of Eureka Forbes. Life 108 Healthcare can now sell the complete range of products of Eureka Forbes like Water Purifiers, Vacuum Cleaners, Air Purifiers etc. Life 108 Healthcare also deals with various other brands like BPL Medical, Philips Avent, Smith and Nephew, Panasonic etc.

Mahindra & Mahindra’s (M&M) overall auto sales for the month of October 2024 stood at 96648 vehicles, including exports as compared to 80679 vehicles in October 2023, i.e. up by 19.79%. In the Utility Vehicles segment, the company sold 54504 vehicles in the domestic market, a growth of 25% and overall, 55571 vehicles, including exports. The domestic sales for Commercial Vehicles stood at 28812.

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