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Eicher Motors speeds up on its motorcycle division reporting 22% jump in August sales

01 Sep 2017 Evaluate

Eicher Motors is currently trading at Rs. 31885.00, up by 480.75 points or 1.53% from its previous closing of Rs. 31404.25 on the BSE.

The scrip opened at Rs. 31548.00 and has touched a high and low of Rs. 31976.95 and Rs. 31334.90 respectively. So far 2309 shares were traded on the counter.

The BSE group 'A' stock of face value Rs. 10 has touched a 52 week high of Rs. 32464.95 on 08-Aug-2017 and a 52 week low of Rs. 19570.90 on 15-Nov-2016.

Last one week high and low of the scrip stood at Rs. 31976.95 and Rs. 30600.00 respectively. The current market cap of the company is Rs. 86813.45 crore.

The promoters holding in the company stood at 50.56%, while institutions and non-institutions held 36.22% and 13.23% respectively.

Eicher Motors’ motorcycle division has reported a 22% jump in total sales in August 2017 at 67,977 units, as against 55,721 units in the same month last year.  During August 2017, the number of motorcycle units exported, increased by 12% to 1,105 units from 986 units in August 2016.

The company’s sales of vehicles with engine capacity up to 350 cc increased by 29% at 63,637 units in August 2017 against 49,481 units in the same period year ago, while the sales of its vehicles with engine capacity exceeding 350 cc declined by 30% at 4340 units as against 6240 units in August last year.

Eicher Motors Share Price

7108.65 20.40 (0.29%)
24-Apr-2026 16:59 View Price Chart
Peers
Company Name CMP
Bajaj Auto 9576.10
Hero MotoCorp 4963.35
TVS Motor 3492.15
Eicher Motors 7108.65
Ather Energy 882.45
View more..

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