Eicher Motors climbs 2.6% after Dec motorcycle sales rises 41%

The company has reported total sales for December 2015 rose 41% to 40453 units compared to 28634 units in December 2014. This included 37475 units of models with engine capacity upto 350 cc and 2978 units of models with engine capacity exceeding 350 cc.

Eicher Motors climbed 2.6% to Rs. 17,801 after the company has reported total sales for December 2015 rose 41% to 40453 units compared to 28634 units in December 2014. This included 37475 units of models with engine capacity upto 350 cc and 2978 units of models with engine capacity exceeding 350 cc. Exports for December 2015 stood at 416 units.

The scrip opened at Rs. 17698 and has touched a high and low of Rs. 17974.45 and Rs. 17550.45 respectively. So far 32488(NSE+BSE) shares were traded on the counter. The current market cap of the company is Rs. 47153.74 crore.

The BSE group 'A' stock of face value Rs. 10 has touched a 52 week high of Rs. 21618.3 on 21-Jul-2015 and a 52 week low of Rs. 13930 on 27-Apr-2015. Last one week high and low of the scrip stood at Rs. 17690.25 and Rs. 16172 respectively.

The promoters holding in the company stood at 54.91 % while Institutions and Non-Institutions held 31.32 % and 13.77 % respectively.

The stock is currently trading below its 200 DMA.