Eicher Motors Ltd share price logo

Eicher Motors Ltd Share Price (EICHERMOT)

₹4002.751.26%

bell
Get free price alerts. Set up your Free investment account to get Live Prices. >
Overview
Fundamentals
Q3 '23 Results
Technicals
News and Events

Overview of Eicher Motors Ltd

Key events for Eicher Motors Ltd

  • Eicher Motors Stock May Be A Contrarian Bet After Steady Sales Volume Despite Competition - 22 Feb, 2024

    Despite facing stiff competition from Hero-Harley and Bajaj Triumph, Eicher Motors' Royal Enfield (RE) bikes have maintained steady sales volume with encouraging traction for new bikes like Himalayan 452cc. This suggests that the new bikes introduced by competitors have expanded the addressable market for RE's premium bikes due to a strong franchise.

  • Eicher Motors' Domestic Sales Volume Grows by 16% - 21 Feb, 2024

    Despite new bike launches by competitors, Eicher Motors' Royal Enfield domestic sales volume grew by 16% YoY to 6,30,273 units in the first nine months of FY2023. The quarterly run-rate of RE Classic 350 was 80,180 units during the period compared with 78,974 units a year ago, indicating an expanded addressable market for premium bikes due to a strong franchise.

  • Eicher Motors Reports Revenue Growth in Q3FY24; Royal Enfield Enters Turkish Market - 16 Feb, 2024

    Eicher Motors reported a YoY standalone revenue growth of 13% for Q3FY24, beating analysts' expectations. Meanwhile, Royal Enfield has announced its entry into the Turkish market through a distribution partnership. Eicher Motors stock is up 1.01% on NSE.

  • Eicher Motors Beats Revenue Expectations in Q3 2024 - 15 Feb, 2024

    Eicher Motors beats revenue expectations in Q3 2024 with revenues of INR 41.8 billion, up 12% YoY. Prabhudas Lilladher upgrades the stock to an Accumulate rating and sets a target price of Rs 4100.

  • Eicher Motors Reports Strong Quarterly Results Amidst Potential Downside Risk - 14 Feb, 2024

    Eicher Motors reported its highest ever quarterly revenue with a 34% YoY increase in net profit. However, leading brokerages predict a potential downside risk of up to 16% due to slowing retail growth and rising competition. The Hero Mavrick 449 is now competing against the likes of Harley Davidson, Triumph, Honda, and Royal Enfield in the Indian market.

  • Eicher Motors Reports Strong Q3 Results - 13 Feb, 2024

    Eicher Motors reported a consolidated net profit of Rs 996 crore for Q3 FY24, up 34% YoY, with Royal Enfield sales up 4%. Revenue rose 12.3% to Rs 4,179 crore.

  • Eicher Motors Expected to Report Strong Q3 Results - 12 Feb, 2024

    Eicher Motors is set to announce its Q3 FY24 results, with analysts predicting solid double-digit net profit growth and high single-digit revenue growth, driven by strong sales volumes in Royal Enfield bikes and commercial vehicles portfolio.

  • Eicher Motors Shares Decline Alongside Auto Stocks - 08 Feb, 2024

    Shares of Eicher Motors, Maruti Suzuki India, M&M, Tata Motors, and others declined by up to 3% alongside realty and private sector bank stocks following the RBI's policy announcement.

  • Experts Bullish on Eicher Motors - 06 Feb, 2024

    Eicher Motors has demonstrated gains of over 7% in a week and more than 16% in the last three months. Experts suggest buying the stock for a possible target of Rs 4250 in the next 2-4 months.

  • Eicher Motors Partners for Sustainable Logistics Solutions - 05 Feb, 2024

    Eicher Motors' division Eicher Trucks and Buses has partnered with ITC Limited to promote environment-friendly mid-mile logistics solutions across various ITC locations in India. The company's stock price jumped by 5.8% this week, with a compound EPS growth rate of 9.0% per year.

  • Eicher Trucks & Buses Enters Small Commercial Vehicle Segment with Electric-First Truck - 04 Feb, 2024

    Eicher Trucks & Buses, a division of VECV, has announced its entry into the small commercial vehicle segment with an electric-first truck. Deliveries will begin in Q1-2025 and it will also be available in clean diesel and CNG variants.

  • Eicher Motors Enters Small Commercial Vehicle Segment - 03 Feb, 2024

    Eicher Trucks and Buses, a division of VE Commercial Vehicles, has announced its entry into the small commercial vehicle (SCV) segment with the global unveiling of its EV-first Eicher truck at Bharat Mobility Global Expo 2024. The Pro Business Pro Planet range spans from 2T to 3.5T GVW.

  • Eicher Motors Reports Sales Growth for Royal Enfield Motorcycles - 02 Feb, 2024

    Eicher Motors' Royal Enfield motorcycle sales grew by 2% YoY in January 2024. However, the stock fell 2.24% and underperformed the S&P BSE Auto index. The company's consolidated net profit rose 54.71% YoY in Q2 FY23.

  • Eicher Motors Stock Gains 2.57% - 01 Feb, 2024

    Eicher Motors stock gained 2.57% to trade at Rs 3939.3 and has added 1.2% over the last month compared to a 6.56% gain in S&P BSE Auto index and 0.11% drop in the SENSEX.

  • Eicher Motors Among Top Gainers on Nifty - 30 Jan, 2024

    Eicher Motors was one of the top gainers on the Nifty today, along with other companies such as Tata Motors, BPCL, Grasim Industries, and Adani Enterprises.

  • Eicher Motors Falls 10%, Royal Enfield Launches New Variants - 25 Jan, 2024

    Eicher Motors and UPL saw a 10% drop in their stock prices due to considerable FPI holdings. Meanwhile, Royal Enfield introduced two new variants of its Bullet 350 series.

  • Eicher Motors Stock Drops Due to Intense Competition - 24 Jan, 2024

    Investec downgraded Eicher Motors to Sell, citing increased competition from rivals like Triumph and Harley. The company's stock has dropped nearly 13% so far in January.

Analyst Rating for Eicher Motors Ltd stock

based on 39 analysts

HOLD
46.15%
Buy
33.33%
Hold
20.51%
Sell

Based on 39 analysts offering long term price targets for Eicher Motors Ltd. An average target of ₹4075.97

Source: S&P Global Market Intelligence

Eicher Motors Ltd share Performance

  • ₹3940
    ₹4012.55
    ₹4002.75
    downward going graph

    1.57%

    Downside

    Day's Volatility:1.81%

    Upside

    0.24%

    downward going graph
  • ₹2836
    ₹4200
    ₹4002.75
    downward going graph

    29.15%

    Downside

    52 Weeks Volatility:34.08%

    Upside

    4.93%

    downward going graph
1 Month Return7.74 %
3 Month Return3.3 %
1 Year Return26.25 %
Previous Close₹3,952.95
Open₹3,950.00
Volume5.79L
Market Cap₹1,08,234.00Cr

Eicher Motors Ltd Company Information

Eicher Motors Ltd is a leading automotive company in India, incorporated in 1982. It is the parent company of Royal Enfield, the world's oldest motorcycle brand in continuous production. Eicher Motors' operations are mainly focused on the automobile sector. Its main lines of business include the design, development, manufacture, and distribution of motorcycles, commercial vehicles, and auto components.

Eicher Motors is best known for its Royal Enfield brand of motorcycles, which are popular for their classic design and ruggedness. The company's top selling products include the Royal Enfield Classic 350, Bullet 350, Himalayan, and Interceptor 650. Eicher Motors also owns VE Commercial Vehicles, a leading manufacturer of commercial vehicles in India. Its popular brands include Eicher Polaris, Eicher Pro and Eicher Trucks.

Share Price: ₹4002.75 per share as on 27 Feb, 2024 04:01 PM
Market Capitalisation: ₹1,08,234.00Cr as of today
Revenue: ₹4,115.60Cr as on December 2023 (Q4 23)
Net Profit: ₹995.97Cr as on December 2023 (Q4 23)
Listing date: 08 Feb, 1995
Chairperson Name: S Sandilya
OrganisationEicher Motors Ltd
HeadquartersGurugram
IndustryAutomobile
E-voting on sharesClick here to vote

Fundamentals of Eicher Motors Ltd

Insights on Eicher Motors Ltd

Insights help you understand the recent movement of the company's critical parameters, giving you an overall view of the company.

  • imgPOSITIVE IMPACT

    Revenue Rich

    img

    Revenue is up for the last 11 quarters, 2.09K Cr → 4.54K Cr (in ₹), with an average increase of 7.3% per quarter

  • imgPOSITIVE IMPACT

    Price Rise

    img

    In the last 7 days, EICHERMOT stock has moved up by 3.3%

  • imgPOSITIVE IMPACT

    FII Holding Up

    img

    Foreign Institutions have increased holdings from 28.89% to 30.27% in Dec 2023 quarter

  • imgNO EFFECT

    Against Peers

    img

    In the last 3 years, Tata Motors Ltd has given 185.4% return, outperforming this stock by 130.8%

  • imgNO EFFECT

    Against Peers

    img

    In the last 1 year, Bajaj Auto Ltd has given 132.1% return, outperforming this stock by 105.9%

  • imgNEGATIVE IMPACT

    Retail Holding Down

    img

    Retail Investor have decreased holdings from 11.38% to 10.75% in Dec 2023 quarter

  • imgNEGATIVE IMPACT

    MF Holding Down

    img

    Mutual Funds have decreased holdings from 5.77% to 5.61% in Dec 2023 quarter

  • imgNEGATIVE IMPACT

    Promoter Holding Down

    img

    Promoters have decreased holdings from 49.16% to 49.15% in Dec 2023 quarter

  • imgNEGATIVE IMPACT

    Profit Down

    img

    Netprofit is down for the last 2 quarters, 1.01K Cr → 995.97 Cr (in ₹), with an average decrease of 2.0% per quarter

Eicher Motors Ltd Valuation

Eicher Motors Ltd in the last 5 years

  • Overview

  • Trends

Lowest (20.19x)

August 23, 2019

Today (28.20x)

February 26, 2024

Industry (50.75x)

February 26, 2024

Highest (71.83x)

August 26, 2020

LowHigh

Eicher Motors Ltd Mutual Fund Holdings

Funds Holdings
SBI Bluechip Fund Direct GrowthSBI Bluechip Fund Direct Growth2.23%
Mirae Asset Large Cap Fund Direct Plan GrowthMirae Asset Large Cap Fund Direct Plan Growth1.02%
Mirae Asset Large & Midcap Fund Direct Plan GrowthMirae Asset Large & Midcap Fund Direct Plan Growth0.97%
UTI Flexi Cap Fund - Growth Option - DirectUTI Flexi Cap Fund - Growth Option - Direct1.1%
UTI Transportation & Logistics Fund-Growth Option- DirectUTI Transportation & Logistics Fund-Growth Option- Direct7.8%

Eicher Motors Ltd Shareholding Pattern

InvestorsHoldings %Prev. 4 periods3M change
Promoter Holdings
49.15%
-0.01
Foreign Institutions
30.27%
4.77
Mutual Funds
5.61%
-2.75
Retail Investors
10.75%
-5.52
Others
4.22%
-12.19

Technicals of Eicher Motors Ltd share

News & Events of Eicher Motors Ltd

News

Hero Xoom 160 Set to Hit the Roads Soon, Scooter Market Gets a Premium Addition

Hero MotoCorp is gearing up to make waves in the scooter market with the imminent launch of the Hero Xoom 160. After much anticipation and development,, Aprilia... Read more

27 Feb, 2024 08:54 PM

घसरणीनंतर सेन्सेक्स-निफ्टी सावरला; टाटा मोटर्समध्ये तेजी, हीरो मोटोकॉर्प घसरला

शेअर बाजाराच्या कामकाजादरम्यान अनेक चढ-उतार दिसून आले आणि सुरुवातीच्या घसरणीनंतर त्यात चांगली रिकव्हरी झाली.

27 Feb, 2024 10:02 PM

Abu Dhabi Desert Challenge 2024: Hero Motosports achieves second place in stage 1

Hero MotoSports Team Rally, the motorsport team of the world's largest manufacturer of motorcycles and scooters Hero MotoCorp, completed Stage 1 of the Abu Dhab... Read more

27 Feb, 2024 11:24 PM
View More

Frequently Asked Questions

  • Get a PAN card.
  • Open a Demat account.
  • Open a Trading account.
  • Link your Demat account to your Trading account.
  • Fund your Trading account.
  • Place an order to buy Eicher Motors Ltd shares.

Eicher Motors Ltd (EICHERMOT) share price today is ₹4002.75

Eicher Motors Ltd is listed on NSE

Eicher Motors Ltd is listed on BSE

  • Today’s highest price of Eicher Motors Ltd is ₹4012.55.
  • Today’s lowest price of Eicher Motors Ltd is ₹3940.

PE Ratio of Eicher Motors Ltd is 28.2

PE ratio = Eicher Motors Ltd Market price per share / Eicher Motors Ltd Earnings per share

Today’s traded volume of Eicher Motors Ltd(EICHERMOT) is 5.79L.

Today’s market capitalisation of Eicher Motors Ltd(EICHERMOT) is ₹108234Cr.

Eicher Motors Ltd(EICHERMOTPrice
52 Week High
₹4200
52 Week Low
₹2836

Eicher Motors Ltd(EICHERMOT) share price is ₹4002.75. It is down -4.70% from its 52 Week High price of ₹4200

Eicher Motors Ltd(EICHERMOT) share price is ₹4002.75. It is up 41.14% from its 52 Week Low price of ₹2836

Eicher Motors Ltd(EICHERMOTReturns
1 Day Returns
49.8%
1 Month Returns
7.74%
3 Month Returns
3.3%
1 Year Returns
26.25%