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Eicher Motors Ltd spurts 2.64%, gains for third straight session

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Capital Market

Eicher Motors Ltd is quoting at Rs 17000, up 2.64% on the day as on 12:54 IST on the NSE. The stock is down 37.03% in last one year as compared to a 3.83% drop in NIFTY and a 35.87% drop in the Nifty Auto index.

Eicher Motors Ltd is up for a third straight session in a row. The stock is quoting at Rs 17000, up 2.64% on the day as on 12:54 IST on the NSE. The benchmark NIFTY is down around 0.49% on the day, quoting at 10926.15. The Sensex is at 36826.99, down 0.52%. Eicher Motors Ltd has dropped around 13.49% in last one month.

 

Meanwhile, Nifty Auto index of which Eicher Motors Ltd is a constituent, has dropped around 14.05% in last one month and is currently quoting at 6856.1, up 0.79% on the day. The volume in the stock stood at 1.65 lakh shares today, compared to the daily average of 1.35 lakh shares in last one month.

The benchmark August futures contract for the stock is quoting at Rs 16780, up 2% on the day. Eicher Motors Ltd is down 37.03% in last one year as compared to a 3.83% drop in NIFTY and a 35.87% drop in the Nifty Auto index.

The PE of the stock is 21.85 based on TTM earnings ending March 19.

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First Published: Aug 02 2019 | 1:06 PM IST

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