Eicher Motors Sees Active Trading Amid Declining Investor Participation and Volume

Eicher Motors Ltd, a prominent player in the Automobile Two & Three Wheelers industry, has emerged as one of the most active equities today, with a total traded volume of 442,029 shares and a traded value of approximately Rs 24.07 crores. The stock opened at Rs 5,500.00 and reached a day high of Rs 5,520.00, while the day low was recorded at Rs 5,360.00. As of the latest update, the last traded price stands at Rs 5,432.00, reflecting a slight decline of 0.22% for the day.
In terms of performance metrics, Eicher Motors' price movement is in line with the sector, which has seen a 1D return of 0.44%. The stock's weighted average price indicates that more volume was traded closer to its low price. Notably, Eicher Motors is currently trading above its 5-day, 50-day, 100-day, and 200-day moving averages, although it is below the 20-day moving average.

Investor participation appears to be waning, with delivery volume on May 14 dropping by 54.03% compared to the 5-day average. Despite this, the stock remains liquid enough for a trade size of Rs 1.7 crores, based on 2% of the 5-day average traded value. Overall, Eicher Motors continues to demonstrate significant activity in the market, reflecting its established position within the large-cap segment.