EICHER MOTORS (BOM: 505200) Shares
ABOUT EICHER MOTORS
Eicher Motors Limited (BOM: 505200) is an Indian commercial vehicle manufacturer of motorcycles and commercial vehicles and the parent company of Royal Enfield, who manufactures middleweight motorcycles.
Eicher Motors Limited has a joint venture with Sweden’s AB Volvo, known as Volvo Eicher Commercial Vehicles Limited (VECV), which drives modernisation in India’s commercial vehicle space and in other developing countries
Eicher Motors Limited’s origins date back to 1948, when the Goodearth Company was established with the purpose to distribute and service imported tractors. The Eicher Tractor Corporation of India Private Ltd. was jointly established in 1959 with the Eicher tractor company, a German tractor manufacturer but since 1965 Eicher in India has been completely owned by Indian shareholders. Eicher Motors Limited has its headquarters in New Delhi.
OVERVIEW OF EICHER MOTORS
Eicher Motors Limited is known for its manufacturing of commercial vehicles, motorcycles and engineering components.
Their product range include motors (they manufacture several kinds of commercial vehicles), motorcycles (they manufacture bullet motorcycles like the Royal Enfield), and engineering components (they manufacture complete ranges of automotive gears, spiral bevels, straight bevels and transmission gears.)
- As the listed parent of Royal Enfield, Eicher Motors Limited is the global leader in middleweight motorcycles with the world’s oldest motorcycle brand in continuous production, the Royal Enfield.
- Aiming to bring back simple and accessible motorcycling, Royal Enfield operates in India as well as over 50 countries around the world.
VISION & VALUES OF EICHER MOTORS
Eicher Motors Limited defines itself as a company committed to the community in its broadest sense. Their community initiatives reach the social, economic and natural spheres in which they do business, a commitment that takes many forms, with special attention to enhancing education and quality of healthcare facilities throughout the country.
Eicher Motors Limited has set up the Goodearth Education Foundation in its mission to educate India’s children with a special emphasis on the girl child starting with primary education for the rural poor.
- Eicher Motors Limited commits to its value chain to ensure it reaches its goals, meet current and future needs of customers and maximises returns, income growth and capital appreciation for shareholders who purchase shares with them.
MARKET PERFORMANCE OF EICHER MOTORS
Eicher Motors Limited’s shares trade on the Bombay Stock Exchange (BSE) under the stock symbol BOM: 505200, listed in the Business Sector: 2/3 Wheelers. Eicher Motors Limited is also listed on the National Stock Exchange of India (NSE) with the code EICHERMOT.
Highlights of Eicher Motors Limited’s recent performance include revenue of 2,382 Crores INR, net profit of 452 Crores INR and EPS of 165.57 INR for the quarter ending June 2019. For the year ended March 2019, Eicher Motors recorded its highest ever total income of INR crores 9797 crores (net of excise duty) (approx 1.4 USD).
Market Cap as at November 2019 was 8.19 billion USD or 585.05 billion INR. Due to Eicher Motors Limited’s continued performance on this market shareholders can buy or sell shares with confidence and expect sound dividends and returns during 2020 and in future.
LATEST NEWS EICHER MOTORS
Buy EICHER MOTORS stocks / shares – ? A Step by Step Guide how to Buy / Purchase EICHER MOTORS Stocks or Shares online.
Before buying any stock or share one has to consider a few factors.
STEP 1: PROPER RESEARCH IS ESSENTIAL
Upon deciding you want to buy EICHER MOTORS Stocks / Shares, it is critical for the serious investor to do proper research into the said company. Its values should align with those of the investor’s current portfolio. An investor needs to familiarise himself with the basics and history of the company, as well as its leadership and performance in the market. Its company reports should also be scrutinized.
Consultation with a brokerage firm can also assist in determining whether investing in a specific company will complement the investor’s current portfolio. The investment “risk ladder”, which identifies asset classes based on their relative riskiness, is another useful tool when determining which company’s stock / share is the best to buy.
STEP 2: CALCULATE THE AMOUNT OF INVESTMENT IN EICHER MOTORS STOCKS / SHARES
It is important for an investor to monitor his total investment in stock in order to keep his portfolio aligned to his investment strategy. The overall value of his holdings will change with the fluctuation in stock prices, which can throw his portfolio off balance. To determine the amount to invest, multiply the number of shares of each stock by its current market price to determine the total investment in that specific stock. For example, if you own 100 shares of a $5 stock, multiply 100 by $5 to get $500.
STEP 3: DECIDE ON THE STOCK / SHARE ORDER TYPE
Investors can choose from a market order, a limit order, a stop order (also referred to as a stop-loss order) or a buy/sell stop order. It is important to familiarise yourself with each type’s pros and cons before deciding which one will suit your current stock profile best. An investor should be guided in this choice by his investment objective.
STEP 4: OPEN A BROKERAGE ACCOUNT
A brokerage account – also known as taxable investment account – is similar to a retirement account, but more flexible. Where a retirement account has limitations on the amount of money that can be contributed annually, and restrictions on when funds can be withdrawn, a brokerage account is more flexible. The latter has no income or contribution limit and the investor can withdraw his money at any given time. This flexibility, together with its potential investment gains, makes a brokerage account more attractive to serious investors. Brokerage accounts are ideal for goals or savings that are further than five years away, but closer than retirement. It can also supplement an investor’s emergency savings.
STEP 5: COMMIT AND PURCHASE EICHER MOTORS STOCKS / SHARES
Lastly, commit to the stock. Pro Tip: Monitor the value of your stock to ensure you have a growing stock value and dividend pay-out. Regularly check the share price online to ensure your investment delivers a positive return on investment. You are now a proud owner of EICHER MOTORS stocks / shares.
5 Questions to ask yourself before purchasing any stocks or shares.
- Is it the best time to buy this stock / share?
- Should I buy EICHER MOTORS stocks / shares in the current economic climate?
- Can I afford to buy this stock / share?
- What is the forecast of the stock / share growth?
- What is the current price per earning ration on the stock / share?