Eicher Motors Ltd.

BSE: 505200 | NSE: EICHERMOT
Large Cap | Automobile Two & Three Wheelers
7319.60
4.75 (0.06%)
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Eicher Motors gains as its motorcycle division reports 59% jump in total sales in September

Date: 01-10-2015

Eicher Motors is currently trading at Rs. 18100.00, up by 308.80 points or 1.74% from its previous closing of Rs. 17791.20 on the BSE.

The scrip opened at Rs. 18000.00 and has touched a high and low of Rs. 18215.00 and Rs. 17635.90 respectively. So far 5049 shares were traded on the counter.

The BSE group 'A' stock of face value Rs. 10 has touched a 52 week high of Rs. 21618.30 on 21-Jul-2015 and a 52 week low of Rs. 10860.00 on 16-Oct-2014.

Last one week high and low of the scrip stood at Rs. 18400.00 and Rs. 16882.05 respectively. The current market cap of the company is Rs. 49331.28 crore.

The promoters holding in the company stood at 54.91 % while Institutions and Non-Institutions held 32.11 % and 12.99 % respectively.

Eicher Motors’ motorcycle division has reported a 59% jump in total sales in September at 44,491 units, as against 28020 units in the same month last year. During September 2015, the number of motorcycle units exported increased by 56% to 750 units as against 480 units in September 2014.

The company’s sales of vehicles with engine capacity up to 350 cc increased 63% at 40280 units against 24662 units in the same period a year ago, while the sales of its vehicles with engine capacity exceeding 350 cc increased by 25% at 4211 units as against 3358 units in September last 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.