Eicher Motors Ltd.

BSE: 505200 | NSE: EICHERMOT
Large Cap | Automobile Two & Three Wheelers
6974.00
-73.55 (-1.04%)
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Eicher Motors gains on its motorcycle division reporting 2% rise in August sales

Date: 03-09-2018

Eicher Motors is currently trading at Rs. 28690.00, up by 668.50 points or 2.39% from its previous closing of Rs. 28021.50 on the BSE.

The scrip opened at Rs. 28021.50 and has touched a high and low of Rs. 28695.60 and Rs. 28021.50 respectively. So far 1189 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. 29275.75 and Rs. 27552.10 respectively. The current market cap of the company is Rs. 78121.82 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’ motorcycle division has reported 2% rise in sales at 69377 units in August 2018 as compared to 67977 motorcycles sold in August 2017. During August 2018, the number of motorcycles exported, increased by 23% to 1363 units from 1105 units in August 2017.

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.