LIVE MARKET TRACKER :   BSE SENSEX   22628.84      |    NSE NIFTY 6779.40    
GLOBAL MARKETS :  NASDAQ 4095.516   +0.23%    |    FSI London 6625.25   +0.62%    |    NIKKEI Japan 14516.27   +0.68%
  USD GBP EUR CAD AUD INR
USD - 0.5958 0.7242 1.1021 1.0721 60.29
GBP 1.6789 - 1.2158 1.8503 1.7999 101.2209
EUR 1.3812 0.823 - 1.5223 1.4808 83.275
CAD 0.9074 0.5407 0.6571 - 0.9728 54.7071
AUD 0.9333 0.5561 0.6759 1.0286 - 56.2699
INR 0.0166 0.0099 0.012 0.0183 0.0178 -
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
IMC to discuss upon coal bidder's concern in its meeting on Thursday
(17-Apr-2014)

IMC to discuss upon coal bidderWith the government having initiated the process of auctioning coal blocks, bidders have raised concerns on several serious and trivial issues, including discrepancies in reserves in the biggest of the......click on news to read complete article.

Retail Inflation snaps three months easing trend at 8.31% in March
(16-Apr-2014)

Retail Inflation snaps three months easing trend at 8.31% in MarchQuestioning the assumptions which that worst is over for Asia's third-largest economy, the provisional annual inflation rate based on all India general Consumer Price Index (CPI) (Combined) disappointed......click on news to read complete article.

India's share in global exports remains unchanged in 2013
(15-Apr-2014)

IndiaIndia's share in global exports and its ranking amongst top exporters remained unchanged in 2013. Although, the country posted a 5 per cent rise over the previous year, by exporting goods worth $312 billion......click on news to read complete article.

International Stock News
Asian markets trade mostly higher in early deals
(18-Apr-2014)

Asian markets trade mostly higher in early dealsMost of the Asian equity counters are trading in the green terrain in early deals on Friday due to reassuring comments from the Federal Reserve chief. Gains, however, were modest on growing concerns about......click on news to read complete article.

US markets conclude the week with solid gains
(18-Apr-2014)

US markets conclude the week with solid gainsThe US markets closed mostly up on Thursday, with four straight day of increases on the S&P 500 index and Nasdaq Composite ended the holiday-shortened week with solid gains. The weekly gain was......click on news to read complete article.

Asian markets trade mixed in early deals
(17-Apr-2014)

Asian markets trade mixed in early dealsAsian equity markets are trading mixed in early deals on Thursday as U.S. industrial production increased more than forecast in March and Federal Reserve Chair Janet Yellen said the central bank remains......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.