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%.
Unchecked retail F&O play could trigger challenges for market: FM
Finance minister Nirmala Sitharaman highlighted the importance of investor sentiment and financial stability at the Viksit Bharat 2047 event. She stressed the role of both
May 15, 2024