Eicher Motors Ltd.

Eicher Motors is currently trading at Rs 19305.00, up by 30.35 points or 0.16% from its previous closing of Rs 19274.65 on the BSE.

The scrip opened at Rs. 19300.10 and has touched a high and low of Rs. 19400.00 and Rs. 19260.10 respectively. So far 1210 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. 13930.00 on 27-Apr-2015.

Last one week high and low of the scrip stood at Rs. 19989.00 and Rs. 18500.00 respectively. The current market cap of the company is Rs. 52421.08 crore.

The promoters holding in the company stood at 54.88% while Institutions and Non-Institutions held 31.49% and 13.62% respectively.

Eicher Motors and Volvo Group’s joint venture firm, VE Commercial Vehicles (VECV) has reported a growth of 57.25% in total sales in February at 5,032 units as against 3,200 units in the same month last year.

The company has sold 4,936 units of Eicher-branded trucks and buses in February compared with 3,100 units in the corresponding month last year, up 59.22%. Volvo trucks recorded a marginal decline in sales at 96 units in last month as compared with 100 units in February 2015.

In the domestic market, sales of Eicher trucks and buses stood at 4,264 units in February compared with 2,774 units in the year-ago month, up 53.7%, while exports of Eicher trucks and buses stood at 672 units in February as against 326 units in the same month last year, a growth of 106.1%.

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