Eicher Motors’ share up by more than 1% today, as auto stocks show some gains
By Ankur Chandra | Updated at: Aug 26, 2025 03:10 PM IST
Amidst the broader market decline today, Eicher Motors’ share is among the top gainers at Nifty 50. At 12:20 p.m. 26th August , the share is up by 1.89%, trading at Rs 6,089.50. Nifty 50 index is down by 0.65% at this time. The share has gained 2.46% in the past 5 days. Much of this gain has happened in the past two days.
Eicher motors share has outperformed the Nifty 50 index by more than 20% in 2025
In the last one month, Eicher Motors’ share has gained 13.07%. Year-to-date (YTD) the share has gained 24.66% in 2025. Benchmark Nifty 50 index has gained 4.48%, YTD, in 2025. The stock has outperformed the Nifty 50 index by more than 20% in 2025.
Sentiments regarding auto stocks have strengthened since the government announced that GST rates will be cut by Diwali. Under the new GST structure, there will be mainly two slabs of 5% and 18%. Currently, two wheelers under 350 cc have 28% GST rate levied on them. Two wheelers above 350 cc are taxed at 31% (additional 3% cess over 28%). Eicher Motors’ product portfolio includes bikes of both under 350 cc and above 350 cc.
The 28% GST slab will be done away under the proposed GST changes. So two wheelers are likely to attract GST levy of 18%. This will considerably reduce the price of two wheelers, such as Royal Enfield motorcycles, for consumers. This in turn may increase the demand for these bikes and two wheelers. High end bike segment, such as that of Eicher’s Royal Enfield range, have price sensitive customers in India.
Other auto stocks are also gaining today. At 12:10 p.m. 26th August, Bajaj Auto share is up by 0.35%. Hero Motors is up by 0.65%. Maruti’s stock is up by 1.03%.
Disclaimer : This content is only for informational purpose. It does not make any recommendation to act or invest. To get any error corrected, please write to content@hdfcsec.com.
Source: NSE.
Disclaimer : This content is only for informational purpose. It does not make any recommendation to act or invest. To get any error corrected, please write to content@hdfcsec.com.
Source: NSE
