Eicher Motors rose 0.7% to Rs 16,001.55 at 15:30 IST on BSE after total sales of company's subsidiary, VE Commercial Vehicles rose 0.71% to 4,503 units in March 2015 over March 2014.
The company made announcement during market hours today, 1 April 2015.
Meanwhile, the BSE Sensex was up 308.06 points, or 1.1% to 28,265.55.
On BSE, so far 3,950 shares were traded in the counter, compared with an average volume of 27,383 shares in the past one quarter.
The stock hit high of Rs 16,188.85 and a low of Rs 15,850.05. The stock hit a record high of Rs 17,200 on 19 February 2015. The stock hit a 52-week low of Rs 5,756.20 on 17 April 2014.
The stock had outperformed the market over the past one month till 31 March 2015, falling 2.07% compared with 4.78% decline in the Sensex. The scrip had also outperformed the market in past one quarter, gaining 5.21% as against Sensex's 1.67% rise.
The large-cap commercial vehicles manufacturer has an equity capital of Rs 27.11 crore. Face value per share is Rs 10.
Separately, Eicher Motors said total motorcycle sales rose 42% to 32,854 units in March 2015 over March 2014. Motorcycle exports jumped 58% to 825 units in March 2015 over March 2014.
Eicher Motors' consolidated net profit rose 59.8% to Rs 153.77 crore on 36.3% rise in total income to Rs 2308.86 crore in Q3 December 2014 over Q3 December 2013.
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