LIVE MARKET TRACKER :   BSE SENSEX   28092.79      |    NSE NIFTY 8484.90    
GLOBAL MARKETS :  NASDAQ 5009.21   -0.08%    |    FSI London 6585.78   -0.67%    |    NIKKEI Japan 20539.79   +0.08%
  USD GBP EUR CAD AUD INR
USD - 0.6426 0.9003 1.2578 1.3319 63.4250
GBP 1.5580 - 1.4026 1.9597 2.0751 98.8161
EUR 1.1120 0.7146 - 1.3987 1.4810 70.5286
CAD 0.7959 0.5115 0.7165 - 1.0601 50.4815
AUD 0.7526 0.4836 0.6776 0.9467 - 47.7362
INR 0.0158 0.0101 0.0142 0.0198 0.0210 -
Indian-Commodity  :  Equity & Shares  :  Eicher Motors spurts on its arm Royal Enfield's plans of ramping-up the production capacity

Eicher Motors spurts on its arm Royal Enfield's plans of ramping-up the production capacity (14-Feb-2013)

Eicher Motors is currently trading at Rs 2688.65, up by 68.50 points or 2.61% from its previous closing of Rs 2620.15 on the BSE.

The scrip opened at Rs 2635.00 and has touched a high and low of Rs 2707.65 and Rs 2629.00 respectively.

The BSE group 'A' stock of face value Rs 10 has touched a 52 week high of Rs 3240.00 on 03-Dec-2012 and a 52 week low of Rs 1620.00 on 21-Jun-2012.

Last one week high and low of the scrip stood at Rs 2846.30 and Rs 2600.00 respectively. The current market cap of the company is Rs 7074.01 crore.

The promoters holding in the company stood at 55.19% while Institutions and Non-Institutions held 24.38% and 20.43% respectively.

In a bid to strengthen position in the niche bike market, Eicher Motors' business division, Royal Enfield is planning to ramp-up its production capacity beyond 1,50,000 units per annum by 2014.

The company is presently setting up a new plant near Chennai at an investment of Rs 150 crore and with the help of this, the company will have a total combined capacity of 1,50,000 units.

Eicher Motors reported 4.5% fall in profit after tax for the calendar year 2012 at Rs 474.9 crore, as against Rs 497.4 crore in 2011. The company's total income from operations was at Rs 6,389.9 crore as against Rs 5,684.4 crore in the previous year.


Top News Today
Indian economy to grow in the range of 7.6-7.8 despite weak monsoon: ICRA
(27-May-2015)

Indian economy to grow in the range of 7.6-7.8 despite weak monsoon: ICRADomestic rating agency ICRA has said that the Indian economy will grow in the range of 7.6-7.8 percent in the current fiscal, despite the headwinds posed by muted global growth and an unfavourable monsoon......click on news to read complete article.

FM confident of GST regime coming into force from April 2016
(26-May-2015)

FM confident of GST regime coming into force from April 2016Finance Minister Arun Jaitley has expressed his confidence that Goods and Services Tax (GST) regime would come into force from April 2016. He said, 'GST bill is a constitutional amendment bill.... We hope......click on news to read complete article.

NMDC, MRPL, Tata Motors and GMR Infrastructure to see some action today
(26-May-2015)

NMDC, MRPL, Tata Motors and GMR Infrastructure to see some action todayThe country's largest iron ore miner NMDC has charted out a growth plan to take its iron ore production to 100 million tonnes (MT) by 2022. The state-run company's production, at present, stands at about......click on news to read complete article.

International Stock News
US markets closed lower; S&P, Dow suffers biggest drop in 3 week
(27-May-2015)

US markets closed lower; S&P, Dow suffers biggest drop in 3 weekThe US markets closed lower on Tuesday, with the S&P 500 and Dow suffering their biggest one-day declines in three weeks. A sharp increase in the dollar spurred global investors to dump riskier......click on news to read complete article.

US markets closed lower on Friday
(23-May-2015)

US markets closed lower on FridayUS markets ended in red terrain on Friday after hawkish remarks from Federal Reserve Chair Janet Yellen, who said the central bank will likely raise interest rates this year, as long as economic activity......click on news to read complete article.

US markets closed higher; S&P edges to fresh record
(22-May-2015)

US markets closed higher; S&P edges to fresh recordThe US markets closed higher on Thursday, sending the S&P 500 to a fresh record. Investors mostly brushed off a flurry of weaker-than-expected economic data a day after minutes from Federal Reserve's......click on news to read complete article.

 

     
  
Recent Equity & Shares News
 
EquityInvestmentCompany ReportsIPO
Disclaimer
By clicking on this page you accept all the terms and conditions framed by us. News made available here are for informational purpose only. While utmost care has been taken in providing the same. We claim no responsibility for its accuracy. Readers of this blog who make their decision based on the information posted here are solely responsible for their actions.