Eicher Motors Ltd.

BSE: 505200 | NSE: EICHERMOT
Large Cap | Automobile Two & Three Wheelers
7315.00
0.15 (0.00%)
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Automobile sector stocks trade with jubilation on logging double-digit growth in retail sales in FY24

Date: 08-04-2024

Automobile sector related stocks trade higher on the BSE after Federation of Automobile Dealers Associations (FADA) has said that automobile retail sales in India saw double-digit growth in 2023-24 driven by record offtake of passenger vehicles, three- wheelers and tractors. The retail sales across segments rose by 10 per cent to 2,45,30,334 units last fiscal as compared with 2,22,41,361 units in 2022-23.

Eicher Motors is currently trading at Rs. 4205.95, up by 175.05 points or 4.34% from its previous closing of Rs. 4030.90 on the BSE.

Maruti Suzuki India is currently trading at Rs. 12868.50, up by 443.85 points or 3.57% from its previous closing of Rs. 12424.65 on the BSE.

TVS Motor Company is currently trading at Rs. 2138.00, up by 69.45 points or 3.36% from its previous closing of Rs. 2068.55 on the BSE.