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Hero MotoCorp shares gain 3% on Q1 earnings: Buy, sell or hold?

Shares of Hero MotoCorp gained over 3 per cent today after the two-wheeler firm reported over two-fold rise in consolidated profit after tax for the quarter ended June 2022. Profit for Q1 stood at Rs 585.58 crore riding on higher sales against Rs 256.46 crore in the corresponding period of last fiscal. Hero MotoCorp stock gained 3.02 per cent intraday to Rs 2844.8 against the previous close of Rs 2,760. 90 on BSE.

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