Eicher Motors Ltd.

Eicher Motors is currently trading at Rs. 2226.00, up by 17.70 points or 0.80% from its previous closing of Rs. 2208.30 on the BSE.

The scrip opened at Rs. 2216.00 and has touched a high and low of Rs. 2227.00 and Rs. 2210.00 respectively. So far 119 shares were traded on the counter.

The BSE group 'A' stock of face value Rs. 10 has touched a 52 week high of Rs. 2360.95 on 20-Apr-2012 and a 52 week low of Rs. 1376.05 on 20-Dec-2011.

Last one week high and low of the scrip stood at Rs. 2290.00 and Rs. 2205.00 respectively. The current market cap of the company is Rs. 6012.56 crore.

The promoters holding in the company stood at 55.20% while Institutions and Non-Institutions held 24.10% and 20.70% respectively.

Eicher Motors’ total two-wheeler production capacity will reach around 150,000 units per annum by 2013. The automobile major’s Rs 150 crore new facility at Oragadam near Chennai will be ready and is expected to be commissioned by the first quarter of 2013. 

Besides, the company’s two wheeler business division, Royal Enfield in order to meet the growing demand for its Bullet and Thunderbird motorcycles has increased the capacity of its plant by 3,000 units to 10,000 units per month.

The division which also looks after overseas markets for its two-wheelers ships around 4,000 motorcycles per annum to markets like the US, Britain, Germany, France and Australia.