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Eicher Motors rises as arm acquires UK-based Harris Performance Products

13 May 2015 Evaluate

Eicher Motors is currently trading at Rs. 17730.00, up by 609.00 points or 3.56% from its previous closing of Rs. 17121.00 on the BSE.

The scrip opened at Rs. 17349.00 and has touched a high and low of Rs. 18000.00 and Rs. 17349.00 respectively. So far 9,899 shares were traded on the counter.

The BSE group 'A' stock of face value Rs. 10 has touched a 52 week high of Rs. 18000.00 on 13-May-2015 and a 52 week low of Rs. 6230.10 on 15-May-2014.

Last one week high and low of the scrip stood at Rs. 18000.00 and Rs. 14498.60 respectively. The current market cap of the company is Rs. 48,046.00 crore.

The promoters holding in the company stood at 54.98% while Institutions and Non-Institutions held 28.14% and 16.88% respectively.

Eicher Motors’ division Royal Enfield, the world’s fastest growing motorcycle manufacturer, has acquired UK-based Harris Performance Products. Under the terms of the deal, Royal Enfield will acquire all assets, employees, trade names, technical know-how and intellectual property of Harris Performance Products.

Established over forty years ago by brothers Steve and Lester Harris and Stephen Bayford, Harris Performance is one of the leading experts in designing and manufacturing of specialized high performance motorcycle chassis and components. Harris Performance has had a long standing relationship with Royal Enfield and was responsible for the chassis development of the brand’s iconic Continental GT cafe racer model.

Alongside successful relationships with the Royal Enfield brand, Harris Performance has been the only manufacturer from UK to have been officially commissioned by Yamaha and Suzuki to design, develop and manufacture race bikes for Grand Prix and World Superbike.

Royal Enfield, a division of Eicher Motors, has created the mid-size motorcycle segment in India with its unique and distinctive modern classic motorcycles. Royal Enfield’s product line-up includes the Bullet, Classic and Thunderbird models in both 350 and 500cc displacements; and the recently introduced Continental GT 535cc cafe racer.


Eicher Motors Share Price

7550.00 -28.80 (-0.38%)
24-Jun-2026 11:33 View Price Chart
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