Eicher Motors Ltd.

Eicher Motors is currently trading at Rs. 20610.00, up by 671.75 points or 3.37% from its previous closing of Rs. 19938.25 on the BSE.

The scrip opened at Rs. 19550.00 and has touched a high and low of Rs. 20850.00 and Rs. 19340.20 respectively. So far 5400 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. 20945.00 and Rs. 19340.20 respectively. The current market cap of the company is Rs. 55687.82 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 and Volvo Group’s joint venture (JV) -- VE Commercial Vehicles has reported sales of 6428 units in February 2019, as compared to 6889 units in February 2018, recording a decline of 6.7%. This includes 6268 units of Eicher brand and 160 units of Volvo brand.

Eicher branded trucks and buses recorded total sales of 6268 units in February 2019, as compared to 6796 units in the year-ago month, down 7.8%. In the domestic CV market, Eicher branded trucks & buses have recorded sales of 5337 units in February 2019, as compared to 5783 units in February 2018, representing a decline of 7.7%. On the Exports front, Eicher branded trucks & buses have recorded sales of 931 units in February 2019 as compared to 1013 units in February 2018, representing a decline of 8.1%.

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.