Eicher Motors Ltd.

Eicher Motors is currently trading at Rs. 31532.45, down by 181.35 points or 0.57% from its previous closing of Rs. 31713.80 on the BSE.

The scrip opened at Rs. 31950.00 and has touched a high and low of Rs. 31950.00 and Rs. 31432.05 respectively. So far 1111 shares were traded on the counter.

The BSE group 'A' stock of face value Rs. 10 has touched a 52 week high of Rs. 32464.95 on 08-Aug-2017 and a 52 week low of Rs. 19570.90 on 15-Nov-2016.

Last one week high and low of the scrip stood at Rs. 31976.95 and Rs. 30600.00 respectively. The current market cap of the company is Rs. 85722.30 crore.

The promoters holding in the company stood at 50.56%, while Institutions and Non-Institutions held 36.22% and 13.23% respectively.

Eicher Motors’ joint venture (JV) with Volvo Group VE Commercial Vehicles (VECV) has reported 9.06% rise in total sales at 4,571 units in August. The company had sold 4,191 units in the same month last year. The August 2017 sales figure includes 4,521 units of Eicher brand and 50 units of Volvo brand.

In the domestic market, Eicher brand posted sales of 3,818 units as against 3,450 units in August last year, a growth of 10.66%. On the export front, 703 units of Eicher branded commercial vehicles were shipped as compared to 650 units in the year-ago month.

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.