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12-Feb2019

Eicher Motors gains on reporting marginal rise in Q3 consolidated net profit

Eicher Motors is currently trading at Rs. 20782.60, up by 107.90 points or 0.52% from its previous closing of Rs. 20674.70 on the BSE.

The scrip opened at Rs. 20212.00 and has touched a high and low of Rs. 20870.00 and Rs. 20100.00 respectively. So far 1595 shares were traded on the counter.

The BSE group 'A' stock of face value Rs. 10 has touched a 52 week high of Rs. 32209.50 on 27-Apr-2018 and a 52 week low of Rs. 18780.00 on 30-Jan-2019.

Last one week high and low of the scrip stood at Rs. 22000.00 and Rs. 20100.00  respectively. The current market cap of the company is Rs. 56405.89 crore.

The promoters holding in the company stood at 49.33%, while Institutions and Non-Institutions held 37.03% and 13.64% respectively.

Eicher Motors has reported a rise of 6.23% in its net profit at Rs 501.41 crore for the quarter ended December 31, 2018 as compared to Rs 472.01 crore for the same quarter in the previous year. Total income of the company increased by 7.70% at Rs 2,490.47 crore for Q3FY19 as compared Rs 2,312.48 crore for the corresponding quarter previous year.

On the consolidated basis, the company has reported a marginal rise of 2.39% in its net profit at Rs 532.95 crore for the quarter ended December 31, 2018 as compared to Rs 520.50 crore for the same quarter in the previous year. Total income of the company increased by 7.41% at Rs 2,488.19 crore for Q3FY19 as compared Rs 2,316.49 crore for the corresponding quarter previous year.


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