SEBI Reg. Investment Advisor

Download App

MoneyWorks4Me

Eicher Motors gains as its JV reports 43% rise in May sales

02 Jun 2016 Evaluate

Eicher Motors is currently trading at Rs. 18787.90, up by 95.75 points or 0.51% from its previous closing of Rs. 18692.15 on the BSE.

The scrip opened at Rs. 18734.30 and has touched a high and low of Rs. 18800.00 and Rs. 18693.45 respectively. So far 485 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. 14817.75 on 19-Jan-2016.

Last one week high and low of the scrip stood at Rs. 18950.00 and Rs. 18325.55 respectively. The current market cap of the company is Rs. 50805.64 crore.

The promoters holding in the company stood at 54.87 % while Institutions and Non-Institutions held 32.04 % and 13.09 % respectively.

Eicher Motors and Volvo Group’s joint venture firm, VE Commercial Vehicles (VECV) has reported 43% increase in total sales in May at 5,770 units, as against 4,035 units in the same month last year. Eicher-branded trucks and buses recorded total sales of 5,709 units in May compared with 3,962 units in the corresponding month last year, up by 44.1%.

In the domestic market, sales of Eicher trucks and buses stood at 4,704 units in May compared with 3,617 units in the year-ago month, up 30.1%, while exports of Eicher trucks and buses surged nearly three-fold at 1,005 units in May as against 345 units in the same month last year.

Volvo trucks recorded a 16.43% decline in sales at 61 units last month compared with 73 units in May 2015.

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

7329.60 18.25 (0.25%)
07-May-2026 16:59 View Price Chart
Peers
Company Name CMP
Bajaj Auto 10606.75
Hero MotoCorp 5341.95
TVS Motor 3706.85
Eicher Motors 7329.60
Ather Energy 907.50
View more..

About MoneyWorks4Me

MoneyWorks4Me is a SEBI-registered Investment Adviser (IA) dedicated to helping investors build long-term wealth through transparent, research-driven, conflict-free guidance. Founded in 2008, we started our journey as a Research Analyst (RA), providing deep fundamental analysis, intrinsic value insights, and long-term investing frameworks for Indian equities. In 2017, we transitioned to a full-fledged SEBI-registered Investment Adviser, strengthening our commitment to acting as a fiduciary—always putting the investor’s interest first.

Our Vision

To become India’s most trusted, research-powered fiduciary advisory platform—where every investor, regardless of experience, can make calm, confident, and well-reasoned investment decisions.

What Makes MoneyWorks4Me Different

Our Approach: Ensuring compounding work its magic on client portfolio.

MoneyWorks4Me ensures this through:

×