Eicher Motors (EML) hit a 52-week high of Rs 211 before closing at Rs 206.95, up by 5.37 per cent. More than 95,777 shares were traded on the BSE. Eicher hit a high of Rs 103.50 before closing at Rs 101.90, up by 8.28 per cent.
More than 1.01 lakh shares were traded on the BSE. The Eicher Group announced a restructuring programme whereby the automobile business of Eicher, comprising businesses relating to tractors, two-wheelers, gears and engines, would be merged into EML.