Investing

Add as a preferred source on Google

Eicher Motors Shares Rise 6.23% From Oct. 30 to Friday, Nov. 6

Shares fell 0.56% on Friday, Nov. 6; The Economic Times’ liveblog cited a different weekly return without stating its calculation basis.

Updated 1 min read
Workers fit motorcycles along an assembly line at a production facility in Chennai, India. / EconoTimes.ai
Workers fit motorcycles along an assembly line at a production facility in Chennai, India. / EconoTimes.ai

National Stock Exchange of India (NSE) data show Eicher Motors finished Friday, Nov. 6, at ₹7,669.50, 6.23% above its Oct. 30 close despite a fall in the final session.

The close-to-close calculation uses ₹7,220 on Oct. 30 and ₹7,669.50 on Friday, Nov. 6. Shares ended ₹43.50 below the previous ₹7,713 mark, a 0.56% decline, after trading between ₹7,537.50 and ₹7,682, the exchange data show.

The Economic Times’ liveblog cited a 6.56% weekly return earlier on Friday, Nov. 6, but gave neither the prices nor the method behind that figure. Its number differs from the 6.23% gain calculated from NSE closing prices.

Eicher Motors’ business overview describes Royal Enfield as part of the listed company and identifies VE Commercial Vehicles Limited as its joint venture with Volvo Group. The Oct. 30 price also featured in EconoTimes’ earlier comparison of Eicher Motors’ September and October closes.

The NSE calendar lists a financial-results meeting for Friday, Nov. 13.

Related articles

View all