06 Sep 2025

Eicher Motors Shares Surge; VECV Partners with Jio-bp Pulse to Boost EV Charging Network

Eicher Motors is currently trading at RS. 6579.40, up by 154.05 points or 2.40% from its previous closing of RS. 6425.35 on the BSE.

The stock opened at RS. 6491.85 and touched a high of RS. 6596.20 and a low of RS. 6449.30. A total of 12419 shares have been traded so far.

A BSE group 'A' stock with a face value of RS. 1, Eicher Motors hit a 52-week high of RS. 6707.70 on September 4, 2025, and a 52-week low of RS. 4500.00 on October 8, 2024. In the past week, its high and low stood at RS. 6707.70 and RS. 6084.65, respectively. The company’s current market capitalization is RS. 180609.31 crore.

Promoters hold 49.07% stake in the company, while institutions and non-institutions hold 41.59% and 9.35% respectively.

In a significant development, Eicher Motors and Volvo Group’s joint venture (JV) company, VE Commercial Vehicles (VECV), has signed a memorandum of understanding (MoU) with Jio-bp pulse to enhance charging access for electric commercial vehicle customers. Under this partnership, all Eicher Trucks and Buses EV customers will gain access to Jio-bp’s extensive network of over 6,000 charging points — India’s largest DC fast-charging footprint — spanning urban centres, highways, and dedicated EV hubs designed for commercial vehicles.

Jio-bp, a fuel retail JV between Reliance Industries and bp, operates in the electric mobility sector under the brand ‘Jio-bp pulse’. With one of the fastest-growing EV charging networks in India, it will collaborate with VECV to accelerate the adoption of electric trucks and buses. Jio-bp pulse will provide infrastructure and customised charging solutions, while VECV will contribute expertise in electric truck technology to meet diverse operational needs.

Eicher Motors, an India-based automobile manufacturer, operates across motorcycles, commercial vehicles, and personal utility vehicles.