Hero MotoCorp (HMCL) shares jumped more than 3% on the BSE in Tuesday’s intra-day trade amid heavy volumes, reaching a new 52-week high of Rs 5,970.
The stock of the two-wheeler (2W) manufacturer has surpassed its previous high of Rs 5,894.30, set on June 18, 2024. In the last month, HMCL has outpaced the market, rising 16.5 percent vs the BSE Sensex’s 3% increase.
The price movement indicates market uncertainty, with a potential impact on short-term investment strategies. Investors should monitor further developments and consider these fluctuations when assessing their positions in Hero Motocorp.
As of 3:03 pm, Hero MotoCorp shares were trading 3.25% higher at Rs 5,967.00 on the NSE.
TOPICS:
Hero Motocorp