Eicher Motors Ltd.

Eicher Motors is currently trading at Rs. 24748.55, up by 146.80 points or 0.60% from its previous closing of Rs. 24601.75 on the BSE.

The scrip opened at Rs. 24700.00 and has touched a high and low of Rs. 24880.00  and Rs. 24600.00 respectively.

The BSE group 'A' stock of face value Rs. 10 has touched a 52 week high of Rs. 26,601.95 on 29-Sept-2016 and a 52 week low of Rs. 17,906.80 on 18-Mar-2016.

Last one week high and low of the scrip stood at Rs. 24,880.00 and Rs. 23,631.80 respectively. The current market cap of the company is Rs. 67,341.42 crore.

The promoters holding in the company stood at 50.59%, while public held 49.41% stake in the company.

Eicher Motors’ subsidiary - VE Commercial Vehicles (VECV), has sold its entire stake in its subsidiary Eicher Engineering Solutions, Inc. to Segula Tecnologias Espana on March 17, 2017. The total enterprise value of this deal is $1,852,000.

Consequently, Eicher Engineering Solutions, Inc. and its wholly owned subsidiaries, Eicher Engineering Solutions (Shanghai) Co. and Eicher Engineering Solutions (Beijing) Co. have ceased to be subsidiaries of VECV and in turn of the company with effect from March 17, 2017.

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