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Eicher Motors gains as its arm Royal Enfield eyes global markets to grow international business

27 Nov 2013 Evaluate

Eicher Motors is currently trading at Rs 4402.45, up by 84.05 points or 1.95% from its previous closing of Rs 4318.40 on the BSE.

The scrip opened at Rs 4335.00 and has touched a high and low of Rs 4448.00 and Rs. 4333.05 respectively. So far 1586 shares were traded on the counter.

The BSE group 'A' stock of face value Rs 10 has touched a 52 week high of Rs 4353.50 on 26-Nov-2013 and a 52 week low of Rs. 2512.00 on 28-Mar-2013.

Last one week high and low of the scrip stood at Rs 4353.50 and Rs 4133.00 respectively. The current market cap of the company is Rs 11954.45 crore.

The promoters holding in the company stood at 55.18% while Institutions and Non-Institutions held 25.11% and 19.71% respectively.

In a bid to grow its international business, Eicher Motors’ two-wheeler arm Royal Enfield is eyeing various global markets, including Latin America and South East Asia. The company is aiming to become a significant player in the mid sized motorcycle segment in the world. Moreover, the company, which expanded its motorcycle range in the country with the launch of 535 cc Continental GT, has got lots of confidence and belief to do well in the global markets.

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

7088.25 -138.30 (-1.91%)
23-Apr-2026 16:59 View Price Chart
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