Eicher Motors soars as its motorcycle division reports 19% rise in February sales
Eicher Motors is currently trading at Rs 4869.05, up by 95.75 points or 2.01% from its previous closing of Rs 4773.30 on the BSE.
The scrip opened at Rs 4839.90 and has touched a high and low of Rs 4911.35 and Rs 4832.00 respectively. So far 3146 shares were traded on the counter.
The BSE group 'A' stock of face value Rs. 1 has touched a 52-week high of Rs 5551.75 on 04-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 5075.95 and Rs 4756.20 respectively. The current market cap of the company is Rs 133317.95 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 19.40% rise in sales at 90670 units in February 2025 as compared to 75935 motorcycles sold in February 2024. The company’s sales of models with engine capacity up to 350 cc increased by 17.43% at 77775 units in February 2025 against 66229 units in the same period year ago. The sales of its Models with engine capacity exceeding 350 cc increased by 32.86% at 12895 units in February 2025 as against 9706 units in February last year. The company’s sales from International Business increased by 23.19% at 9871 units in February 2025 against 8013 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.
