Eicher Motors gains after declaring good quarterly result
The result was announced during market hours today, 5 May 2016.
Meanwhile, the S&P BSE Sensex was up 224.48 points or 0.89% at 25,326.21
On BSE, so far 21,099 shares were traded in the counter as against average daily volume of 5,084 shares in the past one quarter. The stock hit a high of Rs 19,999 and a low of Rs 19,208 so far during the day. The stock had hit a 52-week low of Rs 14,498.60 on 7 May 2015. The stock had hit a record high of Rs 21,618.30 on 21 July 2015. The stock had outperformed the market over the past one month till 4 May 2016, rising 1.32% compared with Sensex's 1.17% fall. The scrip also outperformed the market in past one quarter, surging 16.56% as against Sensex's 3.14% gains.
The large-cap company has equity capital of Rs 27.16 crore. Face value per share is Rs 10.
Eicher Motors (EML) is the flagship company of the Eicher Group. EML is one of the leading players in the Indian automotive space. EML's joint venture with the Volvo group, VE Commercial Vehicles, designs, manufactures and markets fuel-efficient trucks and buses. It owns the iconic Royal Enfield motorcycle business, which leads the premium motorcycle segment in India.