Eicher Motors Ltd.

BSE: 505200 | NSE: EICHERMOT
Large Cap | Automobile Two & Three Wheelers
7144.25
-30.50 (-0.43%)
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Eicher Motors rises as its motorcycle arm launches all-new Classic 350 model in Rajasthan

Date: 07-09-2021

Eicher Motors is currently trading at Rs. 2852.00, up by 8.70 points or 0.31% from its previous closing of Rs. 2843.30 on the BSE.

The scrip opened at Rs. 2854.00 and has touched a high and low of Rs. 2880.00 and Rs. 2825.00 respectively. So far 11729 shares were traded on the counter.

The BSE group 'A' stock of face value Rs. 1 has touched a 52 week high of Rs. 3035.50 on 22-Jan-2021 and a 52 week low of Rs. 2016.00 on 02-Nov-2020.

Last one week high and low of the scrip stood at Rs. 2887.80 and Rs. 2674.25 respectively. The current market cap of the company is Rs. 78182.74 crore.

The promoters holding in the company stood at 49.22%, while Institutions and Non-Institutions held 38.43% and 12.36% respectively.

Eicher Motors’ motorcycle arm -- Royal Enfield has launched the all-new Classic 350 model in Rajasthan market. Royal Enfield has 45 per cent market share in the more than 150cc category in Rajasthan, of which Classic 350 model contributes to significant 65 per cent of the category volume. The motorcycle is available across all 48 dealerships in the state. The ex-showroom price starts at Rs 1,84,374 in Jaipur.

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.