MoneyWorks4Me

Eicher Motors’ promoters sell 4.3% stake: Report

13 May 2016 Evaluate

Eicher Motors’ promoters have reportedly sold 11.40 lakh shares, or 4.3 per cent stake, in the company worth of Rs 2,160 crore via block deal. Promoters were holding 54.87 per cent stake in the company as on March 31, 2016.

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

 

Peers
Company Name CMP
Bajaj Auto 10069.85
TVS Motor Company 4021.45
Hero MotoCorp 5173.00
Eicher Motors 6949.85
OLA Electric Mobilit 37.09
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