Eicher Motors Ltd.

BSE: 505200 | NSE: EICHERMOT
Large Cap | Automobile Two & Three Wheelers
7314.85
-39.65 (-0.54%)
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Eicher Motors trades jubilantly on reporting 71% rise in Q2 consolidated net profit

Date: 12-08-2014

Eicher Motors is currently trading at Rs. 8984.70, up by 386.65 points or 4.50% from its previous closing of Rs. 8598.05 on the BSE.

The scrip opened at Rs. 8825.00 and has touched a high and low of Rs. 9087.80 and Rs. 8810.00 respectively. So far 4396 shares were traded on the counter.

The BSE group 'A' stock of face value Rs. 10 has touched a 52 week high of Rs. 9087.80 on 12-Aug-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. 9087.80 and Rs. 8399.15 respectively. The current market cap of the company is Rs. 24091.53 crore.

The promoters holding in the company stood at 55.01% while Institutions and Non-Institutions held 24.81% and 20.18% respectively.

Eicher Motors’s net profit for the quarter jumped over two and a half fold at Rs 133.24 crore as compared to Rs 52.62 crore for the quarter ended June 30, 2013. Its total income has increased by 95.03% to Rs 759.71 crore for the quarter under review from Rs 389.53 crore for the corresponding quarter of the previous year.

On the consolidated basis, the company has reported 70.54% rise in its net profit after taxes & Minority interest at Rs 157.44 crore for the quarter as compared to Rs 92.32 crore for the same quarter in the previous year. Its total income has increased by 33.84% at Rs 2263.18 crore for quarter under review as compared to Rs 1690.98 crore for the quarter ended June 30, 2013.