Eicher Motors Ltd.

BSE: 505200 | NSE: EICHERMOT
Large Cap | Automobile Two & Three Wheelers
7217.25
111.95 (1.58%)
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Eicher Motors scales new high on reporting over two fold jump in Q1 net profit

Date: 14-05-2013

Eicher Motors is currently trading at Rs 3,233.00, up by 174.20 points or 5.70% from its previous closing of Rs 3058.80 on the BSE.

The scrip opened at Rs 3145.00 and has touched a new high of Rs 3250.00 and low and Rs 3084.00 respectively. So far 2794 shares were traded on the counter.

The BSE group 'A' stock of face value Rs 10 has touched a new 52 week high of Rs 3250.00 on 14-May-2013 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 3250.00 and Rs 3033.05 respectively. The current market cap of the company is Rs 8400.01 crore.

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

Eicher Motors has reported an increase of 114.42% in its net profit for the quarter ended March 31, 2013 at Rs 97.20 crore as compared to net profit of Rs 45.33 crore in the same quarter previous year. Total income of the company has increased by 62.23% for the quarter under review to Rs 401.99 crore as compared to Rs 247.79 crore in corresponding quarter last year.

On consolidated basis, the company has reported a fall of 10.61% in its net profit for quarter ended March 31, 2013 at Rs 97.94 crore as compared to net profit of Rs 109.57  crore in the same quarter previous year. However, total income of the company has increased by 2.68% to Rs 1768.74 crore as compared to Rs 1722.57 crore in corresponding quarter last year.