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 rises despite its motorcycle division reporting 7% fall in January sales

Date: 04-02-2019

Eicher Motors is currently trading at Rs. 20180.35, up by 576.80 points or 2.94% from its previous closing of Rs. 19603.55 on the BSE.

The scrip opened at Rs. 19778.80 and has touched a high and low of Rs. 20460.35 and Rs. 19467.20 respectively. So far 5598 shares were traded on the counter.

The BSE group 'A' stock of face value Rs. 10 has touched a 52 week high of Rs. 32209.50 on 27-Apr-2018 and a 52 week low of Rs. 18780.00 on 30-Jan-2019.

Last one week high and low of the scrip stood at Rs. 20460.35 and Rs. 18780.00 respectively. The current market cap of the company is Rs. 54740.97 crore.

The promoters holding in the company stood at 49.33%, while Institutions and Non-Institutions held 37.03% and 13.64% respectively.

Eicher Motors’ motorcycle division has reported 7% fall in sales at 72701 units in January 2019 as compared to 77878 motorcycles sold in January 2018. During January 2019, the number of motorcycles exported increased by 9% to 1829 units from 1673 units in January 2018.

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.