Eicher Motors is currently trading at Rs. 7270.00, up by 75.40 points or 1.05% from its previous closing of Rs. 7194.60 on the BSE.
The scrip opened at Rs. 7300.00 and has touched a high and low of Rs. 7340.00 and Rs. 7250.00 respectively. So far 471 shares were traded on the counter.
The BSE group 'A' stock of face value Rs. 10 has touched a 52 week high of Rs. 7500.00 on 23-May-2014 and a 52 week low of Rs. 2975.00 on 21-Aug-2013.
Last one week high and low of the scrip stood at Rs. 7340.00 and Rs. 6610.00 respectively. The current market cap of the company is Rs. 19668.83 crore.
The promoters holding in the company stood at 55.08% while Institutions and Non-Institutions held 24.91% and 20.00% respectively.
Eicher Motors and Volvo Group’s joint venture firm, VE Commercial Vehicles (VECV) is reportedly bullish on the Uttar Pradesh (UP) truck market. The company has launched its new Eicher Pro series of light- and medium-duty trucks in the UP market, which had clocked total sales of about 19,300 units in 2013.
In 2012, the composite truck sales in UP was pegged at 30,200, when the segment was booming. In the light and medium truck space, VECV has market share of over 32 percent in UP.
Eicher Motors is one of the leading manufacturers of commercial vehicle. It has manufacturing facilities located in Madhya Pradesh, Tamil Nadu, Maharashtra, and Haryana.
| Company Name | CMP |
|---|---|
| Bajaj Auto | 10314.60 |
| Hero MotoCorp | 5169.70 |
| TVS Motor | 3617.85 |
| Eicher Motors | 7311.35 |
| Ather Energy | 897.40 |
| View more.. | |
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