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Eicher Motors Ltd escalates around 4%

Capital Market 

Eicher Motors Ltd is quoting at Rs 21430, up 3.9% on the day as on 12:49 IST on the NSE. The stock is up 5.2% in last one year as compared to a 13.12% gain in NIFTY and a 5.56% gain in the Nifty Auto index.

Eicher Motors Ltd rose for a third straight session today. The stock is quoting at Rs 21430, up 3.9% on the day as on 12:49 IST on the NSE. The benchmark NIFTY is down around 0.06% on the day, quoting at 12335.6. The Sensex is at 41858, down 0.04%. Eicher Motors Ltd has dropped around 1.27% in last one month.

Meanwhile, Nifty Auto index of which Eicher Motors Ltd is a constituent, has dropped around 4.28% in last one month and is currently quoting at 8385.35, down 0.01% on the day. The volume in the stock stood at 1.88 lakh shares today, compared to the daily average of 1.44 lakh shares in last one month.

The benchmark January futures contract for the stock is quoting at Rs 21458.75, up 3.58% on the day. Eicher Motors Ltd is up 5.2% in last one year as compared to a 13.12% gain in NIFTY and a 5.56% gain in the Nifty Auto index.

The PE of the stock is 27.47 based on TTM earnings ending September 19.

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(This story has not been edited by Business Standard staff and is auto-generated from a syndicated feed.)

First Published: Thu, January 16 2020. 13:05 IST
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