Eicher Motors at new high on healthy March sales
Eicher Motors has rallied 8.4% to Rs 2,150, also its lifetime high, after VE Commercial Vehicles (VECV), a joint venture between the Volvo Group and Eicher Motors, announced a 20% rise in its total sales at 6,051 units in March, 2012. The company had sold total 5,065 units including trucks & buses during the same month a year ago.
As many as a combined 60,178 shares have already changed hands on the counter so far, against an average sub 50,000 shares that were traded daily in past two weeks on the NSE and BSE.
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