Eicher Motors Ltd dropped for a fifth straight session today. The stock is quoting at Rs 4711.1, down 2.27% on the day as on 13:19 IST on the NSE. The benchmark NIFTY is down around 0.87% on the day, quoting at 22830.85. The Sensex is at 75660.79, down 0.63%.Eicher Motors Ltd has eased around 7.3% in last one month.Meanwhile, Nifty Auto index of which Eicher Motors Ltd is a constituent, has eased around 3.16% in last one month and is currently quoting at 22344.3, down 1.56% on the day. The volume in the stock stood at 2.6 lakh shares today, compared to the daily average of 6.07 lakh shares in last one month.
The benchmark February futures contract for the stock is quoting at Rs 4705.95, down 2.61% on the day. Eicher Motors Ltd jumped 20.29% in last one year as compared to a 4.2% rally in NIFTY and a 10.08% spurt in the Nifty Auto index.
The PE of the stock is 31.92 based on TTM earnings ending December 24.