India, June 30 -- This Large-cap Automobile Stock, engaged in the manufacturing and sale of premium motorcycles under the Royal Enfield brand and commercial vehicles through VE Commercial Vehicles, serving domestic and international markets, slipped up to 7 percent in today's intraday trade. In this article, we will explore the reasons for the stock's fall.

With a market capitalization of Rs. 1,95,836.15 crores, the share of Eicher Motors Limited has reached an intraday low of Rs. 6,947.95 per equity share, down nearly 6.61 percent from its previous day's close price of Rs. 7,439.95. Since then, the stock has retreated and is currently trading at Rs. 7,134.35 per equity share.

Reason Behind the Fall? Eicher Motors Limited is a leading ...