Eicher Motors is currently trading at Rs. 4947.35, up by 79.40 points or 1.63% from its previous closing of Rs. 4867.95 on the BSE.
The scrip opened at Rs. 4884.55 and has touched a high and low of Rs. 4974.40 and Rs. 4848.35 respectively. So far 3831 shares were traded on the counter.
The BSE group 'A' stock of face value Rs. 1 has touched a 52 week high of Rs. 5057.65 on 26-Jul-2024 and a 52 week low of Rs. 3272.35 on 01-Nov-2023.
Last one week high and low of the scrip stood at Rs. 4974.40 and Rs. 4836.05 respectively. The current market cap of the company is Rs. 135440.80 crore.
The promoters holding in the company stood at 49.11%, while Institutions and Non-Institutions held 40.76% and 10.13% respectively.
Eicher Motors and Volvo Group -- joint venture (JV) company -- VE Commercial Vehicles (VECV) has signed an initial pact with Baidyanath LNG for the deployment of 500 LNG trucks, a move which would help in developing green trucking routes and scaling up the LNG Corridor in India.
Under terms of the initial pact, which will be further detailed in definitive agreements, the creation of the LNG fleet will facilitate the development of the LNG station network across various strategic locations in Central India. This will fast-track the development of the overall supply-side ecosystem, aiding the long-haul transport segment to switch to cleaner fuel.
Eicher Motors is an India-based company, which is engaged in manufacturing automobile products and related components. The company operates in business verticals, including motorcycles, commercial vehicles and personal utility vehicles.
| Company Name | CMP |
|---|---|
| Bajaj Auto | 9777.15 |
| Hero MotoCorp | 5229.25 |
| TVS Motor | 3743.60 |
| Eicher Motors | 7189.40 |
| Ather Energy | 850.65 |
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