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Eicher Motors Share Price Hits 52-Week High; Reports 20% Increase in Motorcycle Sales in Jan 2025

Written by: Nikitha DeviUpdated on: Feb 3, 2025, 5:02 PM IST
Eicher Motors’ motorcycle sales grew 20% in January 2025, driven by both domestic and international demand. VECV also saw strong growth in truck and bus sales, despite a Volvo decline.
Eicher Motors Share Price Hits 52-Week High; Reports 20% Increase in Motorcycle Sales in Jan 2025
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Eicher Motors Limited reported its monthly sales report for January 2025.

On February 3, 2025, Eicher Motors share price opened at ₹5,575.00, up from its previous close of ₹5,390.15. At 10:25 AM, the share price of Eicher Motors was trading at ₹5,475.50, up by 1.58% on the NSE. Notably, the stock price touched its 52-week high at ₹5,575.50 today.

Motorcycle Sales Surge by 20% in January 2025

In January 2025, total motorcycle sales reached 91,132 units, reflecting a 20% increase compared to 76,187 units sold in January 2024.

The sales of models with an engine capacity of up to 350cc saw a 17% increase, with 78,815 units sold in January 2025, compared to 67,620 units in the same month last year. For the year-to-date period (April 2024 to January 2025), sales of these models grew by 3.5%, reaching 7,03,580 units, up from 6,79,567 units during the same period last year.

Sales of motorcycles with engine capacities exceeding 350cc witnessed a significant growth of 44%, with 12,317 units sold in January 2025 compared to 8,567 units in January 2024. Year-to-date, these models saw a 40% rise, totalling 1,14,629 units, compared to 81,679 units in the same period last year.

International sales also demonstrated strong performance, with 10,080 units sold in January 2025, a remarkable 79% increase from 5,631 units in January 2024. Year-to-date international sales reached 84,301 units, marking a 40% growth over the previous year’s 60,417 units.

VECV Sees Growth in Trucks and Buses Sales

In January 2025, VECV recorded total sales of 8,489 units, reflecting a growth of 20.1% compared to 7,066 units in January 2024. The year-to-date (YTD) sales reached 69,975 units, a 4.6% increase from 66,894 units in the same period last year.

In the domestic market, Eicher Trucks and Buses saw total sales of 7,872 units in January 2025, marking a 21.1% growth over 6,503 units sold in January 2024.

The YTD domestic sales reached 63,999 units, up by 3.4% from 61,912 units in the previous year. Segment-wise, the domestic sales of Eicher Light Duty (LD) Trucks and Light-Medium Duty (LMD) Trucks (3.5-18.5T) grew by 17.9% to 3,787 units in January 2025, and the YTD sales remained nearly flat with a slight decline of 0.8% to 32,011 units. Heavy Duty (HD) Trucks saw a 21.5% increase to 2,007 units in January, and YTD growth was 3.4%, totalling 17,279 units.

Eicher’s domestic LMD Bus sales grew by 22.3%, reaching 1,714 units, and YTD growth was 14.8%, with 13,023 units sold. The HD Bus segment saw an impressive growth of 52.9% in January, with sales reaching 364 units, while YTD sales grew by 4.9%, totalling 1,686 units.

Exports of Eicher Trucks and Buses also performed well in January 2025, with total exports growing by 26.8% to 450 units, compared to 355 units in January 2024. For the YTD period, export sales surged by 34.6%, reaching 3,964 units.

Within the export segment, Eicher LMD Trucks saw a 19.8% increase in January, with 290 units sold, and YTD sales surged by 50% to 2,547 units. Heavy Duty (HD) Truck exports grew by an impressive 214.3% to 44 units in January, and the YTD export growth was 30.4%, totalling 373 units. The bus export segment also grew by 17.2% in January, with sales of 116 units, and the YTD export growth was 8.8%, totalling 1,044 units.

On the other hand, Volvo Trucks and Buses experienced a decline of 19.7% in January, with sales dropping to 167 units. YTD sales for Volvo Trucks & Buses also declined by 1.3%, totalling 2,012 units.

 

Disclaimer: This blog has been written exclusively for educational purposes. The securities mentioned are only examples and not recommendations. This does not constitute a personal recommendation/investment advice. It does not aim to influence any individual or entity to make investment decisions. Recipients should conduct their own research and assessments to form an independent opinion about investment decisions.

Investments in the securities market are subject to market risks, read all the related documents carefully before investing.

Published on: Feb 3, 2025, 10:35 AM IST

Nikitha Devi

Nikitha is a content creator with 6+ years of experience in the financial domain. Specialising in personal finance, investments, and market insights, Nikitha simplifies complex financial topics, making them accessible to readers.

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