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Eicher Motors Ltd soars 1.79%, gains for fifth straight session

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Capital Market

Eicher Motors Ltd is quoting at Rs 3577.5, up 1.79% on the day as on 12:44 IST on the NSE. The stock is up 32.32% in last one year as compared to a 5.12% slide in NIFTY and a 9.26% slide in the Nifty Bank.

Eicher Motors Ltd is up for a fifth straight session today. The stock is quoting at Rs 3577.5, up 1.79% on the day as on 12:44 IST on the NSE. The benchmark NIFTY is up around 0.95% on the day, quoting at 17476.55. The Sensex is at 58989.22, up 0.99%. Eicher Motors Ltd has slipped around 0.36% in last one month.

 

Meanwhile, Nifty Bank index of which Eicher Motors Ltd is a constituent, has slipped around 2.84% in last one month and is currently quoting at 12562.55, up 1.12% on the day. The volume in the stock stood at 2.92 lakh shares today, compared to the daily average of 7.13 lakh shares in last one month.

The benchmark October futures contract for the stock is quoting at Rs 3587, up 2.08% on the day. Eicher Motors Ltd is up 32.32% in last one year as compared to a 5.12% slide in NIFTY and a 9.26% slide in the Nifty Bank index.

The PE of the stock is 50.61 based on TTM earnings ending June 22.

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First Published: Oct 18 2022 | 1:01 PM IST

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