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Eicher Motors' stock gained as CV sales rose 20% YoY in January, driven by strong domestic and export demand. Motorcycle sales surged 20%, with premium models witnessing a 44% jump.

Eicher Motors gains as CV sales rise 20% YoY in January

Total registrations across segments rose 16 per cent year-on-year to 17,75,424 units last month, as compared to 15,31,196 vehicles in February 2022.

Automobile retail sales see double-digit growth in Feb on robust demand

Year-to-date (April 2016 - February 2017) this fiscal, the company has sold a total of 33,93,753 vehicles, which decreased by 5% compared to 35,87,781 vehicles sold in the corresponding period of previous year.

Bajaj Auto February sales nearly flat at 2.73 lakh units; shares gain 

Analysts at HDFC Securities said, "The markets are likely to open positive today, driven by positive domestic and global cues, following US President Donald Trump's Joint Congress address. Realty and Metal is expected to trade in positive zone, while Auto and Energy sectors are likely to trade in the negative zone."

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"Passenger vehicles growth was&nbsp;due to continued strong demand for the&nbsp;Tata Tiago. The company has also received an encouraging response to its recently launched&nbsp;lifestyle UV, Tata Hexa, " said Tata Motors.

Tata Motors' February sales rise 2% to 47,573 units 

Pravin Shah, President &amp; Chief Executive&nbsp;(Automotive), M&amp;M Ltd. said, “The auto industry is seeing some positive trends emerging over the last two&nbsp;months. With rural sentiments improving, we believe that there will be a turnaround in demand over the next&nbsp;few months for the small commercial vehicles space."

Mahindra & Mahindra's February sales decline 3%

Year-to-date (from April 2016 - February 2017), Eicher Motors have sold a total of 6,06,377 Royal Enfields, recording a whopping rise&nbsp;of 33% against 4,56,834 vehicles in the corresponding period of previous year.&nbsp;

Royal Enfield sales increase by 19% to 58,439 units in February

Utility vehicles once again bagged the spot light for Maruti&nbsp;by recording a whopping growth of 110.5% with sales of 17,863 vehicles in February 2017 compared to 8,484 vehicles in February 2016.&nbsp;

Maruti Suzuki records 11% rise in February sales

Analysts at HDFC Securities said, "Domestic market could react to better GDP numbers, along with auto sales data that is set to be released today. Realty and Metal is expected to trade in positive zone, while Auto and FMCG sectors are likely to trade in the negative zone. Crucial support for Nifty is at 8850 level, while strong immediate resistance is at 8950."

Nifty regains 8,900-mark; auto stocks in focus ahead of sales data