Eicher Motors Ltd.

Eicher Motors is currently trading at Rs. 7255.00, up by 90.85 points or 1.27 % from its previous closing of Rs. 7164.15 on the BSE.

The scrip opened at Rs. 7163.00 and has touched a high and low of Rs. 7277.55 and Rs. 7149.55 respectively. So far 268 shares were traded on the counter.

The BSE group 'A' stock of face value Rs. 10 has touched a 52 week high of Rs. 7500.00 on 23-May-2014 and a 52 week low of Rs. 2975.00 on 21-Aug-2013.

Last one week high and low of the scrip stood at Rs. 7340.00 and Rs. 7110.00 respectively. The current market cap of the company is Rs. 19506.50 crore.

The promoters holding in the company stood at 55.08 % while Institutions and Non-Institutions held 24.91 % and 20.00 % respectively.

Eicher Motors and Volvo Group’s joint venture firm, VE Commercial Vehicles (VECV) is planning to launch more than dozen products under PRO series in the light, medium and heavy duty vehicles.

The company is in the process of completely renewing its offering with PRO series from 5-49 tonne categories. While the 5-14 tonne will completely see a replacement with new range of PRO 1000 Series, the PRO 3000 Series are completely new set of light and medium vehicles with 10-15 tonne vehicles. The 3000 Series family will have three products, of which recently one product was launched and another two will be launched before next year.

Eicher Motors is one of the leading manufacturers of commercial vehicle. It has manufacturing facilities located in Madhya Pradesh, Tamil Nadu, Maharashtra, and Haryana.