Eicher Motors Ltd.

Eicher Motors is currently trading at Rs. 2735.95, up by 10.00 points or 0.37% from its previous closing of Rs. 2725.95 on the BSE.

The scrip opened at Rs. 2749.00 and has touched a high and low of Rs. 2770.00 and Rs. 2720.00 respectively. So far 264 shares were traded on the counter.

The BSE group 'A' stock of face value Rs. 10 has touched a 52 week high of Rs. 3240.00 on 03-Dec-2012 and a 52 week low of Rs. 1620.00 on 21-Jun-2012.

Last one week high and low of the scrip stood at Rs. 2824.95 and Rs. 2690.05 respectively. The current market cap of the company is Rs. 7387.47 crore.

The promoters holding in the company stood at 55.19% while Institutions and Non-Institutions held 24.71% and 20.10% respectively.

Royal Enfield two-wheeler arm of Eicher Motors has rolled out new Bullet 500. The new 500 cc motorcycle will be priced at Rs 1,53,855 (on road price for Delhi) and will be launched in a phased manner across the country. The company, initially, will launch the same in Punjab, Haryana, Chandigarh, Delhi-NCR and Kerala that have traditionally been the best markets for the Bullet.

The Bullet 500 comes with a host of new features such as front disc brakes, rear gas shock absorbers, telescopic front suspensions, pillion backrest and an electric start.