Eicher Motors Falls as Volvo Sells its Remaining Stake

Eicher Motors shares fell as much as 7.2 per cent to hit intraday low of Rs 16,905 after its partner Volvo started selling Eicher Motors' shares via block deal in trades today. Volvo is selling its remaining stake 3.7 per cent in Eicher Motors. The shares sale is happening via block deal where in Volvo is selling 1 million shares of Eicher Motors in a price range of Rs 17,190-18,190 which is at a discount of up to 5.5 per cent compa...