Eicher Motors share price settles at ₹7,493.50; September 17 change limited to -0.09%

Key Takeaways

• Eicher Motors slipped just ₹6.50 or 0.09% to ₹7,493.50, ending only ₹4.50 above the day's ₹7,489 low. 
• The share closed below the 50-day and 100-day DMAs but remained ₹187.60 above the 200-day DMA of ₹7,305.90. 
• Six-month and one-year returns were positive at 9.75% and 8.17%, while the one-month figure was -7.10%. 

Eicher Motors share price finished September 17 at ₹7,493.50, down ₹6.50 or 0.09%. The small closing change came despite a ₹64 intraday range. The stock opened at ₹7,495, reached ₹7,553 at the high and fell to ₹7,489 at the low. It ultimately ended only ₹4.50 above that lower level and ₹59.50 below the session high. 

The previous close was ₹7,500, making the opening price nearly unchanged from the prior session. Volume reached 272,811 shares. Eicher Motors carried a market capitalisation of ₹2,05,709 crore. Its 52-week low was ₹6,442 and the high ₹8,230, creating an annual range of ₹1,788. The September 17 finish was ₹736.50 below the annual high and ₹1,051.50 above the low. 

Moving averages placed the closing price between the shorter and longer measures. The 50-day DMA was ₹7,737.30, ₹243.80 above the final price. The 100-day DMA stood at ₹7,592.80, leaving a smaller ₹99.30 difference. In contrast, the 200-day DMA of ₹7,305.90 was ₹187.60 below the close. 

Recent performance figures were mixed. The one-month return was -7.10%, while the three-month reading was -0.89%. Over six months, Eicher Motors recorded a positive 9.75% return. The one-year figure was also positive at 8.17%. The six-month return was therefore modestly higher than the one-year measurement. 

September 17 itself was close to flat on a closing basis, but the day's internal movement was larger than the final percentage change suggests. From ₹7,495 at the open, the share climbed ₹58 to its displayed high before finishing below the opening price. That left the close near the bottom of the day's band. Even so, it remained above the 200-day DMA while sitting below both the 50-day and 100-day measures. The final price also occupied the central part of the wider 52-week range rather than approaching either endpoint.