Eicher Motors share price rises 0.64% to ₹7,500 on September 16

Key Takeaways

• Eicher Motors gained ₹47.50 or 0.64% to finish at ₹7,500 after recovering ₹94 from its intraday low of ₹7,406. 
• The share remained below the 50-day and 100-day DMAs but closed ₹196 above its 200-day DMA. 
• Six-month and one-year returns stayed positive at 11.26% and 10.28%, while the one-month reading was negative. 

Eicher Motors share price ended September 16 at ₹7,500, up ₹47.50 or 0.64% from the previous close of ₹7,453. The stock opened lower at ₹7,430, fell further to ₹7,406 and then climbed as high as ₹7,525. It closed ₹25 beneath that peak. 

The full session range was ₹119. From the low to the close, Eicher Motors recovered ₹94. It also ended ₹70 above its opening price, giving the session a different shape from many stocks that weakened after the open. Volume reached 323,409 shares. 

The 50-day DMA stood at ₹7,747, putting the closing price ₹247 lower. Its 100-day DMA was closer at ₹7,594.70, leaving a ₹94.70 difference. The 200-day DMA sat below the final price at ₹7,304. Eicher Motors therefore closed ₹196 above that longer moving average. 

Its 52-week price band stretched from ₹6,442 to ₹8,230. At ₹7,500, the stock stood ₹1,058 above the annual low and ₹730 below the high. The September 16 high of ₹7,525 remained ₹705 short of the 52-week peak. The full annual span measured ₹1,788. 

Recent returns were mixed at shorter periods but positive over six months and one year. One month stood at -7.02% and three months at -1.63%. Six months reached 11.26%, while the one-year return was 10.28%. Only 0.98 percentage point separated those two longer-period figures. 

The day's 0.64% gain came with a sizeable recovery from the session low. Eicher Motors finished above the 200-day DMA but remained under the 50-day and 100-day averages. Its closing price also sat somewhat nearer the annual high than the low in absolute rupee terms, although more than ₹700 still separated it from that 52-week peak.