Eicher Motors gains as its JV launches ‘Multix’ India’s first personal utility vehicle

Eicher Motors Ltd. | Automobile Two & Three Wheelers | Automobiles | BSE: 505200 | NSE: EICHERMOT

18 Jun 2015 Evaluate

Eicher Motors is currently trading at Rs. 19560.00, up by 262.55 points or 1.36% from its previous closing of Rs. 19297.45 on the BSE.

The scrip opened at Rs. 19397.70 and has touched a high and low of Rs. 19675.80 and Rs. 19325.00 respectively. So far 3006 shares were traded on the counter.

The BSE group 'A' stock of face value Rs. 10 has touched a 52 week high of Rs. 19675.80 on 25-May-2015 and a 52 week low of Rs. 7061.60 on 23-Jun-2014.

Last one week high and low of the scrip stood at Rs. 19675.80 and Rs. 17100.00 respectively. The current market cap of the company is Rs. 53142.07 crore.

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

Eicher Polaris, a 50:50 joint venture (JV) between Eicher Motors and Polaris Industries Inc., has launched -- Multix -- India’s first personal utility vehicle, thereby creating a new category in the automotive segment. Multix is specially designed for Independent Businessmen, having an estimated population of 5.8 crore in India. Purpose-built, specially designed and powered by a reliable diesel engine, Multix will be available in two variants and four colors, starting at a price of Rs 2,32,850 (ex-showroom Jaipur).

Multix offers the unique power of extreme adaptability to the consumer. It has a generous cabin space that can comfortably seat a family of five along with luggage, Multix can be adapted to create large storage space of 1918 liters. Multix is equipped with X-PORT - a unique power-take-off point, which can generate power of up to 3 KW that can be used for lighting homes and powering professional equipment such as drilling machines, DJ systems, water pumps and more.

Eicher Motors is one of the leading manufacturers of commercial vehicle. It has manufacturing facilities located in Madhya Pradesh, Tamil Nadu, Maharashtra, and Haryana.

Eicher Motors Share Price

7300.10 -29.50 (-0.40%)

08-May-2026 16:59 View Price Chart

Peers

Company Name	CMP
Bajaj Auto	10710.85
Hero MotoCorp	5321.50
TVS Motor	3692.45
Eicher Motors	7300.10
Ather Energy	915.00
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