Tuesday 2 September 2014

Eicher Motors gains 3 per cent on robust sales figures




BSE Code - 505200
Face Value - Rs 10.00
Group - BSE 'A'
Shareholding pattern -(a)Promoters - 55.01%
                                  (b)Institutions - 24.81%
                                  (c)Non-Institutions - 20.18%
One year High-Low - Rs 10620.00 - Rs 3100.20
     Eicher Motors is one of the leading manufacturers of commercial vehicle. It has manufacturing facilities located in Madhya Pradesh, Tamil Nadu, Maharashtra, and Haryana.
     Eicher Motors has reported 66% growth in its total sales to Rs 26,643 as compared to 16,062 in August 2013. Out of total, domestic sales during the month stood at 26,121 units as against 15,708 units in the year- ago period, a surge of 66.29%. Besides, the company’s exports for the month grew by 47.45% to 522 units as against 354 units in the same month a year ago.
     Current stock price is Rs 10224.25, up by 146.25 points from its previous closing of Rs 10078.00 on the BSE.





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