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

Motilal Oswal parks faith on 2Ws, picks Hero MotoCorp, Endurance Tech for gains up to 26%

Motilal Oswal parks faith on 2Ws, picks Hero MotoCorp, Endurance Tech for gains up to 26%

A reversal in demand patterns and high growth potential are strong catalysts for the two-wheeler industry, Motilal Oswal said in a note as it expects a relatively better scope for growth in 2Ws over FY23-26E. The brokerage picks Hero MotoCorp among its preferred buys in this space while choosing Tata Motors as a passenger vehicle … Read more