Eicher Motors Ltd.

BSE: 505200 | NSE: EICHERMOT
Large Cap | Automobile Two & Three Wheelers
7005.30
-42.25 (-0.60%)
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Eicher Motors trades in green on the BSE

Date: 07-08-2018

Eicher Motors is currently trading at Rs. 27252.05, up by 197.75 points or 0.73% from its previous closing of Rs. 27054.30 on the BSE.

The scrip opened at Rs. 27242.00 and has touched a high and low of Rs. 27350.00 and Rs. 27000.00 respectively. So far 499 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. 26000.00 on 29-Jan-2018.

Last one week high and low of the scrip stood at Rs. 27,911.75 and Rs. 26,670.05 respectively. The current market cap of the company is Rs. 74306.26 crore.

The promoters holding in the company stood at 50.47%, while Institutions and Non-Institutions held 36.94% and 12.59% respectively.

Eicher Motors’ two-wheeler division -- Royal Enfield -- will reportedly launch its parallel twin powered 650cc motorcycles in between September 22-26, 2018. The motorcycles are powered by an all-new 650cc, air-cooled, parallel-twin engine that delivers 47PS of power at 7,100rpm and a peak torque of 52Nm at 4,000rpm.
The company will start the launch in California, USA, before retailing in India around Diwali 2018. Both the motorcycles are expected to be priced between Rs 3-3.50 lakh (ex-showroom).

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.