₹3 to ₹2618: Multibagger stock from ₹10,000 to ₹82 lakh in 20 years

Eicher Motors share price history

Since last one year, like any other auto stock, Eicher Motors stock has turned negative due to the outbreak of COVID-19 pandemic. In the last one month, the stock has gained just 1 per cent, whereas in the last 6 months, the stock price of Eicher Motors has gained just 0.50 per cent. In the past one year, the share price of Eicher Motors has declined from approx. from 2842 At the level of 2618, there was a loss of about 8 percent in this period. Over the past 5 years, the auto stock has risen closely from 2340 2618 levels, appreciating around 12 per cent. Thus, in the last 5 years, the stock of the multinational automotive company has not been able to deliver great returns to its shareholders.

But, those who invested in Eicher Motors shares 10 years back, when Eicher Motors shares were around At 160 level, they have got huge returns from the stock as the auto stock has registered a growth of around 1500 per cent in this period. Similarly, over the past 20 years, the share price of Eicher Motors has increased from 3.18 2618 levels, an increase of almost 82 times over this period.

impact on investment

Taking cues from Eicher Motors share price history, if an investor had invested 10,000 in Eicher Motors shares a month ago, its would have turned into 10,000 10,100 today when it would have changed 10,050 in the last 6 months. However, if an investor had invested 10,000 in Eicher Motors shares a year ago, its would have turned into 10,000 Today 9,200. If an investor had invested 10,000 in Eicher Motors, a share purchase 10 years ago 160 levels, its would have turned into 10,000 1.60 lakh today

Similarly, if an investor had invested 10,000 in Eicher Motors shares 20 years ago, bought one stock at 3.18 level, its 10,000 would have turned around 82,32,000 today, provided the investor remains invested in the stock during this period.

Eicher Motors Share Price Outlook

However, stock market experts are expecting a rally in the auto counter from now on. to give ‘buy and hold’ tag to the shares of Eicher Motors; Sumeet Bagadia, Executive Director, Choice Broking said, “The stock is showing bullish momentum. One can buy the shares at the current market price and hold for short-term targets. from 2750 Maintaining a tight stop loss at 2800 2500 per share level.”

Know more about Eicher Motors Shares

Eicher Motors current market cap is near 71,330 crores. Its current P/E ratio is 42.95 (sector P/E ratio 53.65) while its dividend yield is 0.65 per cent. Eicher Motors share price hits 52-week high 3018 while its 52-week low is . Is 2303.70 per share. Eicher Motors’ trade volume is 8,71,638, which is higher than its 20-day average volume of 7,39,576.

Disclaimer: The views and recommendations given above are those of individual analysts or broking companies and not of Mint.