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Eicher Motors Ltd rises for third straight session

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Capital Market

Eicher Motors Ltd is quoting at Rs 16177.95, up 1.14% on the day as on 12:54 IST on the NSE. The stock is down 42.61% in last one year as compared to a 5.56% slide in NIFTY and a 36.09% slide in the Nifty Auto index.

Eicher Motors Ltd is up for a third straight session today. The stock is quoting at Rs 16177.95, up 1.14% on the day as on 12:54 IST on the NSE. The benchmark NIFTY is down around 0.58% on the day, quoting at 11041.3. The Sensex is at 37430.78, down 0.56%. Eicher Motors Ltd has slipped around 1.28% in last one month.

 

Meanwhile, Nifty Auto index of which Eicher Motors Ltd is a constituent, has slipped around 2.32% in last one month and is currently quoting at 7152.95, down 1.21% on the day. The volume in the stock stood at 99548 shares today, compared to the daily average of 1.91 lakh shares in last one month.

The benchmark August futures contract for the stock is quoting at Rs 16177.85, up 0.96% on the day. Eicher Motors Ltd is down 42.61% in last one year as compared to a 5.56% slide in NIFTY and a 36.09% slide in the Nifty Auto index.

The PE of the stock is 22.3 based on TTM earnings ending June 19.

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First Published: Aug 28 2019 | 1:05 PM IST

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