Friday , September 24 2021

Eicher Motors catches speed on developing complete range of electric bikes

Eicher Motors is currently trading at Rs. 2568.00, up by 19.50 points or 0.77% from its previous closing of Rs. 2548.50 on the BSE.

The scrip opened at Rs. 2549.00 and has touched a high and low of Rs. 2585.00 and Rs. 2540.80 respectively. So far 12688 shares were traded on the counter.

The BSE group ‘A’ stock of face value Rs. 1 has touched a 52 week high of Rs. 3035.50 on 22-Jan-2021 and a 52 week low of Rs. 2007.10 on 14-Aug-2020.

Last one week high and low of the scrip stood at Rs. 2616.95 and Rs. 2529.00 respectively. The current market cap of the company is Rs. 70161.04 crore.

The promoters holding in the company stood at 49.22%, while Institutions and Non-Institutions held 38.33% and 12.36% respectively.

Eicher Motors is developing a complete range of electric bikes in order to cater to different set of customers across various markets.

Royal Enfield, which sells models like Classic, Bullet, Himalayan, Interceptor INT 650, Continental GT 650 and Meteor 350 in the country, is a part of Eicher Motors.

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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