Shares of Hero MotoCorp, India’s largest two-wheeler maker, reached an eight-month high due to strong sales in May. The company’s total sales rose by nearly 7% YoY in May with over 1 million shares traded, way higher than the six-month average trading volume of more than 400,000 shares. However, despite positive sales, Hero MotoCorp’s stocks are the least preferred in the market. While its peers Bajaj Auto and TVS Motors have gained over 20% each so far in 2021, Hero MotoCorp rose by just 5%.
Wakefit IPO: Check GMP, price band, review, subscription and other details
Wakefit Innovations, known for its mattresses, is launching its IPO with a positive grey market outlook. The company is raising over Rs 1,200 crore. Despite