Eicher Motors climbs as its motorcycle division reports 20% rise in January sales
Eicher Motors is currently trading at Rs. 5489.10, up by 100.80 points or 1.87% from its previous closing of Rs. 5388.30 on the BSE.
The scrip opened at Rs. 5500.00 and has touched a high and low of Rs. 5550.00 and Rs. 5412.00 respectively. So far 12336 shares were traded on the counter.
The BSE group 'A' stock of face value Rs. 1 has touched a 52 week high of Rs. 5,550.00 on 03-Feb-2025 and a 52 week low of Rs. 3675.00 on 19-Mar-2024.
Last one week high and low of the scrip stood at Rs. 5550.00 and Rs. 5081.60 respectively. The current market cap of the company is Rs. 149396.71 crore.
The promoters holding in the company stood at 49.09%, while Institutions and Non-Institutions held 41.62% and 9.29% respectively.
Eicher Motors’ motorcycle division has reported 20% rise in sales at 91,132 units in January 2025 as compared to 76,187 motorcycles sold in January 2024. The company’s sales of models with engine capacity up to 350 cc increased by 17% at 78,815 units in January 2025 against 67,620 units in the same period year ago. The sales of its Models with engine capacity exceeding 350 cc increased by 44% at 12,317 units in January 2025 as against 8,567 units in January last year. The company’s sales from International Business increased by 79% at 10,080 units in January 2025 against 5,631 units in the same period year ago.
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.
