Eicher Motors is presently trading at Rs. 20188.00, up via 87.05 points or zero.43% from its preceding ultimate of Rs. 20100.95 on the BSE.

The scrip opened at Rs. 20100.00 and has touched a excessive and coffee of Rs. 20265.00 and Rs. 20090.00 respectively. So some distance 26 shares had been traded on the counter.

The BSE group ‘A’ inventory of face value Rs. 10 has touched a fifty two week high of Rs. 32209.50 on 27-Apr-2018 and a 52 week low of Rs. 19751.10 on 07-Jan-2019.

Last one week high and coffee of the scrip stood at Rs. 20374.45 and Rs. 19908.70 respectively. The contemporary market cap of the organisation is Rs. 54824.Eighty four crore.

The promoters protecting inside the employer stood at 49.35%, while Institutions and Non-Institutions held 37.14% and thirteen.Fifty one% respectively.

Eicher Motors’ -wheeler division — Royal Enfield has signed a Memorandum of Understanding (MoU) with the Government of Tamil Nadu. The Tamil Nadu government will make bigger financial and financial incentives, challenge to fulfillment of the conditions of the MoU.

The MoU envisages aggregate funding of Rs 1,500 crore in Tamil Nadu over a length of 5 years starting May 2016. The investment is proposed to be towards potential enlargement at Royal Enfield’s 3 existing manufacturing centers in and round Chennai at Thiruvottiyur, Oragadam and at Vallam Vadagal which might be producing bikes for India and international markets as also closer to putting in of the Technology Centre at the Old Mahabalipuram Road (OMR) in Chennai. Out of the Rs 1,500 crore, Royal Enfield has already invested over Rs 1,000 crore.