Hero MotoCorp Ltd's stock is trading at ₹5,798.50, surpassing its 52-week high of ₹5,717. Here are four key points about the stock:
- New 52-Week High: The stock has reached a new 52-week high of ₹5,810, indicating strong performance.
- Financial Performance: The company's Q2 FY26 revenue rose 16% year-on-year to ₹12,110 crore, with an Ebitda margin of 15%.
- Analyst Recommendations: Brokerages like JM Financial, Emkay Global, and Choice Broking have upgraded their target prices, citing strong demand momentum and festive recovery.
- Growth Prospects: Analysts expect the domestic two-wheeler industry to grow 8-10% in the second half, supported by GST cuts and rural recovery
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