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Eicher Motors surges as its motorcycle division reports 25% jump in May sales

01 Jun 2017 Evaluate

Eicher Motors is currently trading at Rs. 28825.00, up by 393.85 points or 1.39% from its previous closing of Rs. 28431.15 on the BSE.

The scrip opened at Rs. 28575.00 and has touched a high and low of Rs. 29000.00 and Rs. 28545.05 respectively. So far 3681 shares were traded on the counter.

The BSE group 'A' stock of face value Rs. 10 has touched a 52 week high of Rs. 29983.00 on 11-May-2017 and a 52 week low of Rs. 18006.00 on 24-Jun-2016.

Last one week high and low of the scrip stood at Rs. 29000.00 and Rs. 27374.40 respectively. The current market cap of the company is Rs. 78244.97 crore.

The promoters holding in the company stood at 50.58%, while institutions and non-institutions held 36.48% and 12.94% respectively.

Eicher Motors’ motorcycle division has reported a 25% jump in total sales in May 2017 at 60,696 units, as against 48,604 units in the same month last year. During May 2017, the number of motorcycle units exported, increased by 49% to 2049 units from 1372 units in May 2016.

The company’s sales of vehicles with engine capacity up to 350 cc increased by 29% at 55823 units in May 2017 against 43217 units in the same period year ago, while the sales of its vehicles with engine capacity exceeding 350 cc declined by 10% at 4873 units as against 5387 units in May last year.

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
View more..

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