Eicher Motors Ltd.

Eicher Motors is currently trading at Rs 14627.75, up by 112.70 points or 0.78% from its previous closing of Rs. 14515.05 on the BSE.

The scrip opened at Rs 14749.00 and has touched a high and low of Rs 14799.90 and Rs 14569.20 respectively. So far 744 shares were traded on the counter.

The BSE group 'A' stock of face value Rs. 10 has touched a 52 week high of Rs. 15145.00 on 20-Nov-2014 and a 52 week low of Rs. 4181.00 on 25-Nov-2013.

Last one week high and low of the scrip stood at Rs. 15145.00 and Rs. 13775.00 respectively. The current market cap of the company is Rs. 39664.92 crore.

The promoters holding in the company stood at 54.99% while Institutions and Non-Institutions held 24.49% and 20.53% respectively.

Eicher Motors’ arm Royal Enfield is looking to ramp up production at its two facilities besides setting up a third plant. The company has been witnessing huge demand for its products soon after launch of various models, including the ‘Classic’ range. To augment the expansion plans, the firm recently acquired land near Chennai to set up another facility.

Royal Enfield currently has two manufacturing facilities one each at Tiruvottiyur and Oragadam near Chennai. For the proposed third unit at Vallam Vadagal near here, over 50 acre land was acquired at a cost of Rs 57 crore.

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