Eicher Motors approves Rs 1,225 Cr for new Andhra Pradesh plant

Capex & Operations View source PDF Explain this filing

EICHERMOT · price

Loading chart…

▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.

Price reactionminutes from the announcement price · days from the prior close

+1.4%Reaction day

₹7798.00

prior close

₹7869.50

announcement price

After-mkt

timing

Nifty 100market+0.2%+1.2% vs market

2/3 Wheelers peers, median of 6sector+0.4%+1.0% vs sector

On the reaction day the stock moved 1.2 pts more than Nifty 100 and 1.0 pts more than its 2/3 Wheelers peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.

Minutes after the announcementfrom the announcement price · no benchmark

Stock

-0.9

10m

-1.2

15m

-0.8

30m

-0.8

Sessions after the filingfrom the prior close

StockMarketvs marketSectorvs sector

Reaction day

+1.4+0.2+1.2+0.4+1.0

Next day

+0.5+0.7-0.2+1.4-0.9

+2.2+2.3-0.1+3.8-1.6

+1.8+1.6+0.1+4.5-2.8

+2.4+1.7+0.7+8.5-6.1

+2.2+1.8+0.4+7.5-5.4

+2.3+1.7+0.6+6.3-4.1

15d

+3.1+0.3+2.8+8.3-5.2

+2.0-0.3+2.3+6.9-4.9

-8.3-6.2-2.1+1.2-9.5

-7.4pendingpending+1.6-9.0

UpDownMarket · Nifty 100Sector · 2/3 Wheelers peers, median of 6Pending

Minute windows have no benchmark: there is no intraday index history to compare against.

AI summary

Eicher Motors Board has approved Rs 1,225 Crore investment for Phase I of a Greenfield plant in Andhra Pradesh. The new plant will add up to 4.5 lakh motorcycles per year, taking total capacity to 24.5 lakh units annually. Current plants in Tamil Nadu at Oragadam and Vallam Vadagal are nearing full utilisation of about 15 lakh units. Funding will come from internal accruals. The project is expected to be completed by FY 2029-30.

Likely market impact

Major capacity expansion for long-term growth. Funded internally so no dilution risk, but multi-year execution timeline.