News and Views
Recent Price Movement and Market Performance
Hero MotoCorp’s stock has been under pressure over the past week, declining by 4.82%, which is significantly steeper than the Sensex’s 2.43% fall during the same period. The downward trend has extended into the month-to-date figures, with the stock losing 6.35% compared to the benchmark’s 4.66% decline. Year-to-date, the stock is down 6.80%, underperforming the Sensex’s 4.32% drop. This recent weakness contrasts sharply with the company’s impressive one-year return of 31.15%, which outpaces the Sensex’s 6.56% gain, highlighting a short-term correction within a longer-term uptrend.
Over the last four days, Hero MotoCorp’s shares have consecutively fallen, accumulating a loss of 6.64%. The stock also touched an intraday low of...
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