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25-11-2024 09:57 AM | Source: Accord Fintech
Eicher Motors moves up as its arm launches Goan Classic 350

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Eicher Motors is currently trading at Rs. 5007.65, up by 24.95 points or 0.50% from its previous closing of Rs. 4982.70 on the BSE.

The scrip opened at Rs. 4990.50 and has touched a high and low of Rs. 5043.05 and Rs. 4990.50 respectively. So far 670 shares were traded on the counter.

The BSE group 'A' stock of face value Rs. 1 has touched a 52 week high of Rs. 5104.50 on 27-Sep-2024 and a 52 week low of Rs. 3564.00 on 24-Jan-2024.

Last one week high and low of the scrip stood at Rs. 5043.05 and Rs. 4858.95 respectively. The current market cap of the company is Rs. 136591.98 crore.

The promoters holding in the company stood at 49.10%, while Institutions and Non-Institutions held 41.38% and 9.52% respectively.

Eicher Motors’ motorcycle arm -- Royal Enfield has launched the Goan Classic 350 - a bobber-inspired motorcycle, that celebrates and embodies non-conformity and free-spirited lifestyle. The Goan Classic 350 is a tribute to the kaleidoscope of self-expression that formed India’s unique Goan moto-culture. It is a child of the freewheeling counterculture that emerged in Goa in the seventies and eighties - a four-stroked, sun-soaked hippie machine, always on the path of self-discovery and self-liberation.

With every curve and contour, the Goan Classic is inspired by the stripped-down and ‘tripped-up’ creations of Goa’s custom builders, blending the spirit of a bobber and Goan free-spirited lifestyle. The chopped fenders, mid-ape handlebars, ergonomically placed low-slung seats and the rear silhouette echo the days when riders stripped their machines down to the bare essentials, turning them into reflections of their personality. Each rev of the engine hums with the spirit of Goa’s golden groove, just as the sun-drenched days invite you to enjoy every moment. With true bobber-inspired DNA, the motorcycle is characterised by the single-seat design, floating rider seat, and whitewall tyres on tubeless spoke wheels that evoke the iconic customisations of bobber culture.

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.