Eicher Motors Ltd.

Eicher Motors is currently trading at Rs. 21693.00, down by 378.05 points or 1.71% from its previous closing of Rs. 22071.05 on the BSE.

The scrip opened at Rs. 22160.00 and has touched a high and low of Rs. 22317.90 and Rs. 21585.00 respectively. So far 2905 shares were traded on the counter.

The BSE group 'A' stock of face value Rs. 10 has touched a 52 week high of Rs. 23427.75 on 26-Nov-2019 and a 52 week low of Rs. 15196.95 on 26-Aug-2019.

Last one week high and low of the scrip stood at Rs. 22874.00 and Rs. 21585.00 respectively. The current market cap of the company is Rs. 59060.54 crore.

The promoters holding in the company stood at 49.31%, while Institutions and Non-Institutions held 39.19% and 11.49% respectively.

Eicher Motors’ motorcycle division has reported 13% decline in sales at 50416 units in December 2019 as compared to 58278 motorcycles sold in December 2018. During December 2019, export of motorcycles decreased to 1927 units from 2252 units in December 2018.

The company’s sales of models with engine capacity up to 350 cc decreased by 11% at 47788 units in December 2019 against 53790 units in the same period year ago. The sales of its Models with engine capacity exceeding 350 cc also decreased by 41% at 2628 units in December 2019 as against 4488 units in December last year.

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.