Auto stocks rise on December sales data, Royal Enfield sold almost 74000 units in December

Today there is a good movement in the price of Auto Stocks rise, recently the sales numbers of auto companies were released for December 2021 and there has been a good rise in the overall sales of the companies.

Auto stocks rise on December sales  data, Royal Enfield sold almost 74000 units in December

Today in the early market trading session Eicher Motors stock price was trading up almost 4.65% at Rs 2,712.50, Tata Motors 2.99% at Rs 496.80, Ashok Leyland limited 4.04% at Rs 127.40, and Hero motor stock was also trading up almost 1.2 at Rs 2,488%.

Apart from this, Bajaj Auto at Rs 3279.00, TVS Motor at Rs 630.95, and Maruti Suzuki at Rs 7,583.45 were also up 1%.

Hero Motors and TVS Motors saw an 8% drop in sales on a MOM basis respectively.

Royal Enfield sold almost 74000 units in December 2021, which is almost 43% more as compared to November 2021.

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Tata Motors became India’s second-largest passenger vehicle seller in the month of December 2021, overtaking Hyundai Motors India.

Tata Motors recorded YOY growth of 44% in the electric vehicle segment. Maruti Suzuki increased MOM sales by 10%. And the sales of Hero Motors and TVS Motors increased by 13%. And 8% drop was seen on MOM basis respectively.

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How was the movement in auto stocks from December sales data?

Eicher Motors stock price was trading up almost 4.65% at Rs 2,712.50, Tata Motors 2.99% at Rs 496.80, Ashok Leyland limited 4.04% at Rs 127.40, and Hero motor stock was also trading up almost 1.2 at Rs 2,488%.

How many sales did Royal Enfield do in December as compared to November?

Royal Enfield sold almost 74000 units in December 2021, which is almost 43% more as compared to November 2021.