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Eicher Motors Ltd soars 2.57%, rises for third straight session

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Eicher Motors Ltd is quoting at Rs 19645, up 2.57% on the day as on 12:54 IST on the NSE. The stock is down 30.89% in last one year as compared to a 12.42% gain in NIFTY and a 24.58% gain in the Nifty Auto index.

Eicher Motors Ltd rose for a third straight session today. The stock is quoting at Rs 19645, up 2.57% on the day as on 12:54 IST on the NSE. The benchmark NIFTY is up around 0.48% on the day, quoting at 11904.1. The Sensex is at 39793.74, up 0.51%. Eicher Motors Ltd has dropped around 5.51% in last one month.

 

Meanwhile, Nifty Auto index of which Eicher Motors Ltd is a constituent, has dropped around 4.51% in last one month and is currently quoting at 7883.55, up 1.72% on the day. The volume in the stock stood at 57326 shares today, compared to the daily average of 84616 shares in last one month.

The benchmark June futures contract for the stock is quoting at Rs 19651.45, up 2.33% on the day. Eicher Motors Ltd is down 30.89% in last one year as compared to a 12.42% gain in NIFTY and a 24.58% gain in the Nifty Auto index.

The PE of the stock is 25.29 based on TTM earnings ending March 19.

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First Published: Jun 27 2019 | 1:05 PM IST

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