Eicher Motors Ltd.

Eicher Motors is currently trading at Rs. 16625.40, up by 515.95 points or 3.20% from its previous closing of Rs. 16109.45 on the BSE.

The scrip opened at Rs. 16302.00 and has touched a high and low of Rs. 16725.00 and Rs. 16302.00 respectively. So far 3541 shares were traded on the counter.

The BSE group 'A' stock of face value Rs. 10 has touched a 52 week high of Rs. 16895.00 on 02-Feb-2015 and a 52 week low of Rs. 4810.00 on 24-Feb-2014.

Last one week high and low of the scrip stood at Rs. 16880.00 and Rs. 14777.00 respectively. The current market cap of the company is Rs. 45237.88 crore.

The promoters holding in the company stood at 54.98%, while Institutions and Non-Institutions held 24.16% and 20.85% respectively.

Eicher Motors has receive an approval to increase the aggregate Foreign Institutional Investment limit, under the portfolio investment scheme, to 49% of the company’s total paid up share capital subject to the approval of shareholder by Special Resolution. The board of directors at their meeting held on February 13, 2015 have approved for the same.

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