Eicher Motors Ltd.

BSE: 505200 | NSE: EICHERMOT
Large Cap | Automobile Two & Three Wheelers
7174.75
-144.85 (-1.98%)
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Eicher Motors zooms on reporting 59% jump in Q1 consolidated net profit

Date: 29-07-2016

Eicher Motors is currently trading at Rs 21825.20, up by 750.00 points or 3.56% from its previous closing of Rs.21075.20 on the BSE.

The scrip opened at Rs 21555.00 and has touched a high and low of Rs 22382.15 and Rs 21526.05 respectively. So far 10150 shares were traded on the counter.

The BSE group 'A' stock of face value Rs 10 has touched a 52 week high of Rs 22382.15 on 29-July-2016 and a 52 week low of Rs 14817.75 on 19-Jan-2016.

Last one week high and low of the scrip stood at Rs 22382.15 and Rs 19,768.55 respectively. The current market cap of the company is Rs 59,193.57 crore.

The promoters holding in the company stood at 50.67%, while Institutions and Non-Institutions held 36.21% and 13.12% respectively.

Eicher Motors has reported rise of 69.59% in its net profit after tax at Rs 337.10 crore for the quarter ended June 30, 2016 as compared to Rs 198.77 crore for the same quarter in the previous year. The company’s total income increased 42.98% to Rs 1604.29 crore for the quarter under review from Rs 1122.05 crore for the corresponding quarter of the previous year.

On the consolidated basis, the company has reported rise of 58.62% in its net profit after taxes and profit of joint ventures at Rs 376.29 crore for the quarter ended June 30, 2016 as compared to Rs 237.23 crore for the same quarter in the previous year. Total income of the company increased 42.82% to Rs 1602.51 crore for quarter under review from Rs 1122.05 crore for the quarter ended June 30, 2015.