Eicher Motors gains nearly 8% on robust June sales 03/07/2014

Eicher Motors gains nearly 8% on robust June sales
03/07/2014 11:23
Shares of Eicher Motors rose nearly 8 per cent in early trade on Bombay Stock Exchange (BSE) after reporting a robust 83% year-on-year (y-o-y) growth in total motorcycles sales at 25,303 units in June 2014. The shares of company rose as much as 7.57 per cent to trade at Rs 8310 a piece on the BSE. In a similar fashion, shares of the company rose 7.53 per cent to Rs 8793 a piece on National Stock Exchange. Meanwhile, the broader benchmark Sensex was quoting at 25,928.26, up 87.05 points or 0.34 per cent at 11.05 hours.