Vanguard Group Inc A/C Vanguard Emerg has picked 0.58% stake in Eicher Motors for Rs 309 crore. It has bought 0.16 million shares at a price of Rs 19676.89 a share on the National Stock Echange (NSE).
Earlier, Eicher Polaris, a 50:50 joint venture between Eicher Motors and Polaris Industries Inc., announced the launch of Multix, India's First Personal Utility Vehicle, thereby creating a new category in the automotive segment.
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 | 10710.85 |
| Hero MotoCorp | 5321.50 |
| TVS Motor | 3692.45 |
| Eicher Motors | 7300.10 |
| Ather Energy | 915.00 |
| View more.. | |
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