Eicher Motors traded at 7,339.50 this Friday July 3rd, increasing 89.50 or 1.23 percent since the previous trading session. Looking back, over the last four weeks, Eicher Motors gained 3.23 percent. Over the last 12 months, its price rose by 30.39 percent. Looking ahead, we forecast Eicher Motors to be priced at 7,431.60 by the end of this quarter and at 6,953.96 in one year, according to Trading Economics global macro models projections and analysts expectations.
Eicher Motors Limited is an India-based company, which operates in the automotive segment. The Company owns Royal Enfield, which offers middleweight motorcycles. Royal Enfield's motorcycle products include Interceptor 650, Continental GT 650, Classic, Bullet, Thunderbird and Himalayan. Royal Enfield's portfolio also includes apparels and motorcycle accessories, including protective riding apparel, riding accessories, protective seats, bodywork, controls, wheels, luggage and engine. Royal Enfield operates in India, and over 50 countries worldwide. Its joint venture with AB Volvo, VE Commercial Vehicles Limited (VECV), includes a range of Eicher branded trucks and buses, VE Powertrain, Eicher’s components and engineering design services businesses, the sales and distribution business of Volvo Trucks as well as aftermarket support to Volvo Buses in India.