Eicher Motor share price has plunged 3% and is presently trading at Rs 4,825.0.
Meanwhile, the BSE AUTO index is at 60,517.7 (down 1.2%).
Among the top losers in the BSE AUTO index today are Tata Motors (down 1.9%) and TUBE INVESTMENTS OF INDIA (down 1.7%).
Escorts (up 0.1%) is among the top gainers today.
Over the last one year, Eicher Motor has moved up from Rs 3,351.0 to Rs 4,825.0, registering a gain of Rs 1,474.0 (up 44.0%).
On the other hand, the BSE AUTO index has moved up from 36,184.1 to 60,517.7, registering a gain of 67.2% during the last 12 months.
The top gainers among the BSE AUTO index stocks during this same period were Bajaj Auto (up 138.8%), Cummins India (up 128.0%) and Motherson Sumi (up 117.0%).
Must See: These Segments are Witnessing Incredible Growth with Modi's Push
The BSE Sensex is at 83,689.0 (down 0.7%).
The top losers among the BSE Sensex today are Asian Paints (down 2.5%) and Tata Motors (down 1.9%). The most traded stocks in the BSE Sensex are HDFC Bank and Tata Steel.
In the meantime, NSE Nifty is at 25,594.9 (down 0.8%). BPCL and Asian Paints are among the top losers in NSE NIFTY.
Over the last 12 months, the BSE Sensex has moved up from 65,512.1 to 83,689.0, registering a gain of 18,176.9 points (up 27.7%).
Eicher Motor net profit grew 13.3% YoY to Rs 9,269 million for the quarter ended June 2024, compared to a profit of Rs 8,179 million a year ago. Net sales rose 10.2% to Rs 43,931 million during the period as against Rs 39,864 million in April-June 2023.
For the year ended March 2024, Eicher Motor reported 37.3% increase in net profit to Rs 40,010 million compared to net profit of Rs 29,139 million during FY23. Revenue of the company grew 14.5% to Rs 165,358 million during FY24.
The current Price to earnings ratio of Eicher Motor, based on rolling 12 month earnings, stands at 36.1.
Equitymaster requests your view! Post a comment on "Eicher Motor Plunges 3%; BSE AUTO Index Down 1.2%". Click here!
Comments are moderated by Equitymaster, in accordance with the Terms of Use, and may not appear
on this article until they have been reviewed and deemed appropriate for posting.
In the meantime, you may want to share this article with your friends!