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Eicher Motors strengthens as its JV firm reports 27% rise in June sales

02 Jul 2014 Evaluate

Eicher Motors is currently trading at Rs. 8151.95, up by 99.85 points or 1.24% from its previous closing of Rs. 8052.10 on the BSE.

The scrip opened at Rs. 8124.00 and has touched a high and low of Rs. 8250.00 and Rs. 8100.00 respectively. So far 1135 shares were traded on the counter.

The BSE group 'A' stock of face value Rs. 10 has touched a 52 week high of Rs. 8250.00 on 2-July-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. 8250.00 and Rs. 7096.80 respectively. The current market cap of the company is Rs. 22152.73 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) has reported rise of 26.80% in total sales of Eicher branded products to 4187 units in June 2014. The company had sold 3302 units in the same month of the previous year.

In the company’s domestic CV market (5T and above), Eicher trucks and buses have recorded sales of 3474 units in June 2014 as compared to 3090 units in the year-ago period, up by 12.40%.

On the exports front, Eicher trucks and buses recorded sales of 713 units in June 2014 as compared to 212 units in the same month of the previous year, representing a growth of 236.3%.

 

Eicher Motors Share Price

7311.35 15.25 (0.21%)
06-May-2026 16:59 View Price Chart
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