Eicher Motors Ltd.

Eicher Motors is currently trading at Rs. 20083.05, up by 395.60 points or 2.01% from its previous closing of Rs. 19687.45 on the BSE.

The scrip opened at Rs. 19799.90 and has touched a high and low of Rs. 20337.75 and Rs. 19631.00 respectively. So far 6751 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. 14498.60 on 07-May-2015.

Last one week high and low of the scrip stood at Rs. 20307.90 and Rs. 19208.00 respectively. The current market cap of the company is Rs. 55150.92 crore.

The promoters holding in the company stood at 54.87%, while Institutions and Non-Institutions held 32.04% and 13.09% respectively.

Eicher Motors’ subsidiary -- Royal Enfield is planning to invest Rs 600 crore during the current fiscal for product development, setting up of two R&D centres and expansion of manufacturing capacities in India and the UK. The UK technology centre will be operational by the second half of 2016-17, while the Chennai centre in India will be operational by 2017-18. In FY 2016-17, the company is planning to manufacture 675,000 motorcycles.

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