Eicher Motors becomes India's fourth most valuable automaker
Eicher Motors, which manufactures trucks and motorcycles, became India's fourth most valuable automaker on Monday, displacing Bajaj Auto. With this, Eicher, which owns Royal Enfield, also became the country's most valuable two-wheeler maker. Shares of Eicher Motors have risen 38% since the beginning of the year and the company has a market capitalisation of â¹81,776 crore.