The article reports on the shear deformation of a eutectic structured HEA and effect of precipitation on shear deformation, particularly Al₀.₇CoCrFeNi high-entropy alloy (HEA). A split-Hopkinson pressure bar (SHPB) was used to compress the hat-shaped specimens to study the local dynamic shear response of the alloy. The change in the width of shear bands with respect to precipitation and deformation rates was studied. The precipitation of L1₂ phase did not delay the formation of adiabatic shear bands (ASB) or affect the ASB width significantly, however, the deformed region around ASB, consisting of high density of twins in fcc phase, was reduced from 80 µm to 20 µm in the stronger precipitation strengthened condition.