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 soars on reporting 66% growth in total sales in August

Date: 02-09-2014

Eicher Motors is currently trading at Rs. 10276.10, up by 198.10 points or 1.97% from its previous closing of Rs. 10078.00 on the BSE.

The scrip opened at Rs. 10248.00 and has touched a high and low of Rs. 10310.00 and Rs. 10101.10 respectively. So far 4151 shares were traded on the counter.

The BSE group 'A' stock of face value Rs. 10 has touched a 52 week high of Rs. 10620.00 on 13-Aug-2014 and a 52 week low of Rs. 3100.20 on 02-Sep-2013.

Last one week high and low of the scrip stood at Rs. 10310.00 and Rs. 9706.00 respectively. The current market cap of the company is Rs. 27825.01 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 has reported 66% growth in its total sales to Rs 26,643 as compared to 16,062 in August 2013. Out of total, domestic sales during the month stood at 26,121 units as against 15,708 units in the year- ago period, a surge of 66.29%. Besides, the company’s exports for the month grew by 47.45% to 522 units as against 354 units in the same month a year ago.

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