Prior to the stock split, the stock traded at more than Rs 20,000 apiece, making it one of the most high-valued stocks in absolute terms
The company had announced, on May 25, its stock split plan to make the stock more affordable for the small retail investors and increase liquidity
Eicher Motor also announced a stock split of 10 shares for every share held
The stock dipped 6 per cent to Rs 21,792 after the company reported 13 per cent Y-o-Y decline in total sales of 58,278 units in December.