Eicher Motors Ltd.

BSE: 505200 | NSE: EICHERMOT
Large Cap | Automobile Two & Three Wheelers
7144.25
-30.50 (-0.43%)
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Eicher Motors moves up on the bourses

Date: 07-11-2017

Eicher Motors is currently trading at Rs. 31125.00, up by 27.15 points or 0.09% from its previous closing of Rs. 31097.85 on the BSE.

The scrip opened at Rs. 31200.00 and has touched a high and low of Rs. 31202.25 and Rs. 30954.30 respectively. So far 1427 shares were traded on the counter.

The BSE group 'A' stock of face value Rs. 10 has touched a 52 week high of Rs. 33483.95 on 08-Sep-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. 32,510.90 and Rs. 30750.00 respectively. The current market cap of the company is Rs. 84652.92 crore.

The promoters holding in the company stood at 50.55%, while Institutions and Non-Institutions held 36.61% and 12.84% respectively.

Royal Enfield, the two-wheeler division of Eicher Motors is all set to unveil its all-new 650cc motorcycle at EICMA, the Milan Motorcycle Show on November 7. The bike would roll out of the Chennai plant in April 2018. It will be the first global product from Royal Enfield that will be sold in India and a host of other countries.

The new 650cc parallel-twin engine that will power the motorcycle, was designed and developed at the Royal Enfield Technical Centre in Leicestershire (UK) in tandem with the Chennai team.

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.