The shares of the Large-Cap company specializing in the manufacturing and sale of motorcycles and scooters, along with their associated spare parts and accessories, are in focus as the stock has declined upto 5 percent in the intraday trade. In this article, let’s explore the reason behind the rally.

With a market capitalization of Rs. 1,06,214.03 crores on Tuesday, the shares of Hero MotoCorp Ltd declined by 5.02 percent, reaching a low of Rs. 5258.70 per share compared to its previous closing price of Rs. 5536.85 per share.

Reason for the Fall

Hero MotoCorp Ltd, engaged in the manufacturing and sale of motorcycles and scooters, along with their associated spare parts and accessories, has declined upto 5 percent in intraday trade following the company’s October sales drop as it bec

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