Economy
Hero Motors Stock Hits Lower Circuit After Reaching Fresh 52-Week High
Livemint4h
THE BRIEF
1
Shares of Hero Motors experienced volatile trading on Monday, initially surging to a fresh 52-week high of ₹156.03 before crashing to their lower circuit.
2
The stock has rallied significantly since its weak market debut last week at a discount of 2.38% to its issue price of ₹84 per share.
3
The company holds a strong position in automotive technology, supplying powertrain solutions to global original equipment manufacturers.