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2026-02-02 01:50:03 pm | Source: Accord Fintech
Eicher Motors trades marginally higher as its JV reports 25% rise in total sales in January
Eicher Motors trades marginally higher as its JV reports 25% rise in total sales in January

Eicher Motors is currently trading at Rs. 6900.00, up by 12.70 points or 0.18% from its previous closing of Rs. 6887.30 on the BSE.

The scrip opened at Rs. 6849.40 and has touched a high and low of Rs. 6907.00 and Rs. 6743.80 respectively. So far 2848 shares were traded on the counter.

The BSE group 'A' stock of face value Rs. 1 has touched a 52 week high of Rs. 7610.00 on 09-Jan-2026 and a 52 week low of Rs. 4644.10 on 17-Feb-2025.

Last one week high and low of the scrip stood at Rs. 7218.90 and Rs. 6743.80 respectively. The current market cap of the company is Rs. 187314.83 crore.

The promoters holding in the company stood at 49.06%, while Institutions and Non-Institutions held 41.75% and 9.19% respectively.

Eicher Motors and Volvo Group's joint venture (JV) company -- VE Commercial Vehicles (VECV) (Inclusive of EVs) has posted 24.9% rise in total sales at 10,601 units in January 2026 as compared to the same month last year. It had sold 8,489 units in January 2025.

In the domestic front, Eicher branded trucks and buses recorded sales of 9,729 units in January 2026 as compared to 7,872 units in January 2025. Moreover, the total sales of Volvo Trucks & Buses witnessed a 2.4% increase, totaling 171 units in January 2026 as compared to 167 units in January 2025.

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.

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