Auto stocks down; Eicher Motors hits 52-week low

Auto shares were in focus on Wednesday, with the Nifty Auto index slipping 1.5 per cent in intraday trade led by a fall in shares of Eicher Motors, Maruti Suzuki and Mahindra & Mahindra.

Eicher Motors hit a 52-week low of Rs 23,072.75, down 6.8 per cent in intraday trade. The commercial vehicle sales by the company in September 2018 was up at 6,663 units against 6,083 units in the year-ago period. Royal Enfield sales also climbed 2 per cent at 71,662 units versus 70,431 units.

"Royal Enfield’s manufacturing facility at Oragadam has been operational since Saturday, September 29, 2018,