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Eicher Motors surges as its JV firm VE Commercial reports 20.66% rise in December sales

01 Jan 2015 Evaluate

Eicher Motors is currently trading at Rs. 15270.00, up by 166.50 points or 1.10% from its previous closing of Rs. 15103.50 on the BSE.

The scrip opened at Rs. 14975.20 and has touched a high and low of Rs. 15299.00 and Rs. 14975.20 respectively. So far 2199 shares were traded on the counter.

The BSE group 'A' stock of face value Rs. 10 has touched a 52 week high of Rs. 15773.30 on 04-Dec-2014 and a 52 week low of Rs. 4405.00 on 12-Feb-2014.

Last one week high and low of the scrip stood at Rs. 15444.00 and Rs. 14850.00 respectively. The current market cap of the company is Rs. 41146.36 crore.

The promoters holding in the company stood at 54.99% while Institutions and Non-Institutions held 24.49% and 20.53% respectively.

Eicher Motors and Volvo Group’s joint venture firm, VE Commercial Vehicles (VECV) has reported 20.66% jump in total sales of its Eicher branded products at 3,387 units in December as against 2,807 units sold in the year-ago period.

Domestic sales registered a growth of 26.6% to 3,002 units in December as against 2,372 units in the same month in 2013. However, exports of Eicher trucks and buses fell by 11.5% to 385 units last month as against 435 units in the same month in the previous month.

 

 

Eicher Motors Share Price

7189.40 57.75 (0.81%)
17-Apr-2026 16:59 View Price Chart
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