Hero MotoCorp’s market cap reaches Rs 1 lakh crore

Hero MotoCorp’s market cap reaches Rs 1 lakh crore

New Delhi: The country’s largest two-wheeler maker Hero MotoCorp’s market cap reached Rs 1 lakh crore for the first time on Tuesday as its stock crossed the Rs 5,000 mark. Hero’s stock has surged 85.42% in the last 12 months and 21.8% so far this year. Investors have been upbeat on the stock on the … Read more

Sales booster! Hero MotoCorp shares scale 8-month high

Sales booster! Hero MotoCorp shares scale 8-month high

Shares of Hero MotoCorp surged to an 8-month high in trade on Friday, buoyed by the rise in vehicle sales in May. Shares of the company rose nearly 3% to Rs 2,880 on the National Stock Exchange (NSE). Earlier in the day, the stock touched an 8-month high of Rs 2,912.65. The gains were backed … Read more

Will Street re-rate Hero Moto stock once headwinds abate?

Will Street re-rate Hero Moto stock once headwinds abate?

Hero MotoCorp is the largest two-wheeler manufacturer in the world based on volumes. The company manufactures motorcycles and scooters in six plants in India, one in Columbia and one in Bangladesh. It sold 49.44 lakh units in FY22. Synopsis In the past three years, Hero MotoCorp has been India’s only listed two-wheeler stock that has … Read more