Shares of Eicher Motors witnessed sharp selling pressure in early trade on Tuesday, January 28, with the stock falling over 4% during intraday trade.
During the session, Eicher Motors slipped to an intraday low of ₹6,851, compared with a day’s high of ₹7,124. The stock opened at ₹7,124 but failed to sustain higher levels, sliding steadily from the previous close of ₹7,164.50. As of 11:13 AM IST, trading volumes stood at 2,79,770 shares.
From a broader perspective, the stock remains well above its 52-week low of ₹4,646, highlighting the strong rally seen over the past year. However, it is now trading notably below its 52-week high of ₹7,613.50, suggesting profit booking after the recent run-up.
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