Hero MotoCorp: The development came after Hero MotoCorp had in an exchange filing on June 17 said that it had received a communication from the Ministry of Corporate Affairs (MCA) seeking certain information from the company.
Shares of Hero MotoCorp tanked over 4% on Tuesday, following media reports on the Enforcement Directorate (ED) conducting raids at the residence of Hero MotoCorp Chairman Pawan Munjal. Watch this Visual Story to check Hero MotoCorp share price, ED raid details, and more.
Shares of Hero MotoCorp fell by more than 3 per cent amid reports that the Enforcement Directorate conducted searches against the company's executive chairperson Pawan Kant Munjal.