Eicher Motors Ltd.

Eicher Motors is currently trading at Rs. 28046.15, up by 204.20 points or 0.73% from its previous closing of Rs. 27841.95 on the BSE.

The scrip opened at Rs. 27980.00 and has touched a high and low of Rs. 28098.95 and Rs. 27826.95 respectively. So far 454 shares were traded on the counter.

The BSE group 'A' stock of face value Rs. 10 has touched a 52 week high of Rs. 29983.00 on 11-May-2017 and a 52 week low of Rs. 19309.20 on 07-Jul-2016.

Last one week high and low of the scrip stood at Rs. 28098.95 and Rs. 26388.00 respectively. The current market cap of the company is Rs. 76092.36 crore.

The promoters holding in the company stood at 50.58%, while institutions and non-institutions held 36.48% and 12.94% respectively.

Royal Enfield, the two-wheeler division of Eicher Motors has revised prices for its range of models following change in tax rates under Goods and Service Tax (GST) system. Prices for the bikes in 350cc category have been decreased, while its higher CC models have seen a price increase in the range of Rs 301 to Rs 2,717 in Chennai.

The company has cut the prices of Bullet 350 by Rs 1,661 and Bullet Electra by Rs 2,211. Prices of Classic 350 and Thunderbird 350 have been slashed by Rs 2,015 and Rs 2,165, respectively. However, Classic 500 will be costlier by Rs 1,490, while Classic Desert Strom and Classic Chrome will see a hike of RS 1,635 and RS 1,477, respectively.

Moreover, Thunderbird 500 and Bullet 500 will be dearer by Rs 1,359 and Rs 1,169, respectively. Price of Himalayan will go up by Rs 2,717, while Continental GT will see an increase of Rs 301.

Eicher Motors is an India-based company, which is engaged in manufacturing automobile products and related components. The company operates in business verticals, including motorcycles, commercial vehicles and personal utility vehicles.