Eicher Motors is currently trading at Rs. 3273.50, up by 98.65 points or 3.11% from its previous closing of Rs. 3174.85 on the BSE.

Eicher Motors
Eicher Motors

The scrip opened at Rs. 3199.60 and has touched a high and low of Rs. 3297.95 and Rs. 3199.60 respectively. So far 17579 shares were traded on the counter.

The BSE group ‘A’ stock of face value Rs. 1 has touched a 52 week high of Rs. 3886.00 on 01-Nov-2022 and a 52 week low of Rs. 2110.00 on 07-Mar-2022.

Last one week high and low of the scrip stood at Rs. 3299.00 and Rs. 3146.25 respectively. The current market cap of the company is Rs. 89389.03 crore.

The promoters holding in the company stood at 49.21%, while Institutions and Non-Institutions held 39.91% and 10.89% respectively.

Eicher Motors has reported results for third quarter ended December 31, 2022 (Q3FY23).

The company has reported rise of 61.20% in its net profit at Rs 680.70 crore for Q3FY23 as compared to Rs 422.27 crore for the corresponding quarter previous year. Total income of the company increased by 28.91% to Rs 3,781.24 crore for the quarter under review as compared to Rs 2,933.25 crore for the same quarter in the previous year.

On the consolidated basis, the company has reported rise of 62.42% in its net profit at Rs 740.84 crore for Q3FY23 as compared to Rs 456.13 crore for the same quarter in the previous year. Total income of the company increased by 31.64% to Rs 3,913.32 crore for the quarter under review as compared to Rs 2,972.79 crore for the same quarter in the previous year.

By Editor

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