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Eicher Motors Ltd drops for fifth straight session

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Capital Market

Eicher Motors Ltd is quoting at Rs 19491.5, down 0.11% on the day as on 13:19 IST on the NSE. The stock tumbled 7.64% in last one year as compared to a 8.66% rally in NIFTY and a 5.63% fall in the Nifty Auto index.

Eicher Motors Ltd fell for a fifth straight session today. The stock is quoting at Rs 19491.5, down 0.11% on the day as on 13:19 IST on the NSE. The benchmark NIFTY is up around 0.34% on the day, quoting at 12020.8. The Sensex is at 40925.44, up 0.33%.Eicher Motors Ltd has eased around 6.56% in last one month.Meanwhile, Nifty Auto index of which Eicher Motors Ltd is a constituent, has increased around 1.33% in last one month and is currently quoting at 8100.8, down 0.19% on the day. The volume in the stock stood at 88601 shares today, compared to the daily average of 1.5 lakh shares in last one month.

 

The benchmark February futures contract for the stock is quoting at Rs 19500.7, down 0.36% on the day. Eicher Motors Ltd tumbled 7.64% in last one year as compared to a 8.66% rally in NIFTY and a 5.63% fall in the Nifty Auto index.

The PE of the stock is 25.98 based on TTM earnings ending September 19.

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First Published: Feb 05 2020 | 1:36 PM IST

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