Hero Motorcorp Stock Price Target News Today : Breaking News, Live Updates & Top Stories | Vimarsana

Why the stock of Hero MotoCorp is a good ‘Buy’
April 17, 2021
Price correction is a good opportunity for long-term investors to take the plunge
Investors with a one to two year perspective can buy the Hero MotoCorp stock. Market volatility since the benchmark Sensex index first touched the 50,000-mark has seen many bluechips correct and Hero is one of them. The stock has lost about 20 per cent from its one-year high of ₹3,628 clocked in mid- February.
A rise in fuel prices as well as price hikes to pass on escalation in commodity costs have also impacted the stock, as the company caters to the price-sensitive commuter segment, predominantly.. With the second wave of Covid rearing its head, production and sales volumes could take a hit in the next 2-3 months. ....

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