Hot Pursuit     31-May-24
Eicher Motors Ltd drops for fifth straight session
Eicher Motors Ltd is quoting at Rs 4682.55, down 1.27% on the day as on 13:19 IST on the NSE. The stock jumped 26.01% in last one year as compared to a 22% rally in NIFTY and a 64.46% spurt in the Nifty Auto index.

Eicher Motors Ltd fell for a fifth straight session today. The stock is quoting at Rs 4682.55, down 1.27% on the day as on 13:19 IST on the NSE. The benchmark NIFTY is up around 0.29% on the day, quoting at 22554.3. The Sensex is at 74100.92, up 0.29%.Eicher Motors Ltd has gained around 1.74% in last one month.Meanwhile, Nifty Auto index of which Eicher Motors Ltd is a constituent, has increased around 3.14% in last one month and is currently quoting at 23471, down 0.1% on the day. The volume in the stock stood at 3.24 lakh shares today, compared to the daily average of 6.55 lakh shares in last one month.

The benchmark June futures contract for the stock is quoting at Rs 4714.25, down 1.2% on the day. Eicher Motors Ltd jumped 26.01% in last one year as compared to a 22% rally in NIFTY and a 64.46% spurt in the Nifty Auto index.

The PE of the stock is 34.65 based on TTM earnings ending March 24.

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