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