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Eicher Motors gains as its motorcycle division forays into Indonesia market

25 Aug 2015 Evaluate

Eicher Motors is currently trading at Rs 18674.45, up by 102.70 points or 0.55% from its previous closing of Rs 18571.75 on the BSE.

The scrip opened at Rs. 19099.00 and has touched a high and low of Rs. 19174.95 and Rs. 17910.80 respectively. So far 8030 shares were traded on the counter.

The BSE group 'A' stock of face value Rs. 10 has touched a 52 week high of Rs. 21618.30 on 21-Jul-2015 and a 52 week low of Rs. 9706.00 on 28-Aug-2014.

Last one week high and low of the scrip stood at Rs. 21578.00 and Rs. 17805.15 respectively. The current market cap of the company is Rs. 51231.38 crore.

The promoters holding in the company stood at 54.91 % while Institutions and Non-Institutions held 32.11 % and 12.99 % respectively.

Eicher Motors’ motorcycle division Royal Enfield has market its entry in Indonesia at GAIKINDO Indonesia International Auto Show (GIIAS) 2015. It has announced its future plans for Indonesia, the third largest two wheeler market in the world, as a part of its growth strategy and focused international thrust of leading and expanding the global mid-sized motorcycle segment (250-750cc).

Royal Enfield will commence retail operations in the coming months from its exclusive dealership in Jakarta that is being set up in partnership with PT Distributor Motor Indonesia, who have signed- up as a dealer for the region. In addition to the store, they will also build service and aftermarket capability for Royal Enfield in Jakarta.

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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