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( 10 Aug 2018)
Eicher Motors jumps 6% on robust Q1

Shares of Eicher Motors surged nearly 6 per cent on the Bombay Stock Exchange after the company reported 25 per cent growth in its consolidated net profit at Rs 5.76 billion in June quarter (Q1FY19), compared to Rs 4.60 billion in the same quarter last fiscal.

Boosted by strong Q1, stocks of the company gained as much as 5.87 per cent and touched an intra-day high of Rs 29100.00 apiece on the Bombay Stock Exchange.

In a similar trend, shares of the firm were trading 5.18 per cent higher at Rs 28,860.00 apiece on the National Stock Exchange.

Meanwhile, the broader benchmark BSE Sensex was trading at 37,886.28, down 138.09 points, or 0.36 per cent, from previous close on the BSE at 14:00 hours.