Eicher Motors is currently trading at Rs. 4700.95, up by 280.55 points or 6.35% from its previous closing of Rs. 4420.40 on the BSE.
The scrip opened at Rs. 4599.85 and has touched a high and low of Rs. 4884.00 and Rs. 4525.40 respectively. So far 16,000 shares were traded on the counter.
The BSE group 'A' stock of face value Rs. 10 has touched a 52 week high of Rs. 5294.95 on 03-Dec-2013 and a 52 week low of Rs. 2512.00 on 28-Mar-2013.
Last one week high and low of the scrip stood at Rs. 4884.00 and Rs. 4405.00 respectively. The current market cap of the company is Rs. 12,710.00 crore.
The promoters holding in the company stood at 55.12%, while Institutions and Non-Institutions held 25.09% and 19.79% respectively.
Eicher Motors is planning to invest Rs 600 crore in Royal Enfield business. The company would utilize the investment to expand capacity and new products of Royal Enfield. This development is much as per company’s plans of investing Rs 600 crore this year on product development and marketing initiatives.
Additionally, the company, earlier reportedly was eying to increase its market share with the introduction of its Pro series of trucks, which would be rolled out as early as next month.
Eicher Motors is one of the leading manufacturers of commercial vehicle. It has manufacturing facilities located in Madhya Pradesh, Tamil Nadu, Maharashtra, and Haryana.
The scrip opened at Rs. 4599.85 and has touched a high and low of Rs. 4884.00 and Rs. 4525.40 respectively. So far 16,000 shares were traded on the counter.
The BSE group 'A' stock of face value Rs. 10 has touched a 52 week high of Rs. 5294.95 on 03-Dec-2013 and a 52 week low of Rs. 2512.00 on 28-Mar-2013.
Last one week high and low of the scrip stood at Rs. 4884.00 and Rs. 4405.00 respectively. The current market cap of the company is Rs. 12,710.00 crore.
The promoters holding in the company stood at 55.12%, while Institutions and Non-Institutions held 25.09% and 19.79% respectively.
Eicher Motors is planning to invest Rs 600 crore in Royal Enfield business. The company would utilize the investment to expand capacity and new products of Royal Enfield. This development is much as per company’s plans of investing Rs 600 crore this year on product development and marketing initiatives.
Additionally, the company, earlier reportedly was eying to increase its market share with the introduction of its Pro series of trucks, which would be rolled out as early as next month.
Eicher Motors is one of the leading manufacturers of commercial vehicle. It has manufacturing facilities located in Madhya Pradesh, Tamil Nadu, Maharashtra, and Haryana.
No comments:
Post a Comment