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Source: Live Mint In the special Muhurat trading session held on Friday, November 1, the Nifty Auto index closed over 1 percent higher, buoyed by a recovery in auto sales reported for October 2024. The festive momentum was reflected across the market, with Nifty Auto rising as much as 1.24 percent to 23,805.60, outperforming the…
Source: Business Standard 2 min read Last Updated : Oct 11 2024 | 2:34 PM IST Shares of Hero MotoCorp are seen trading near its 100-DMA (Daily Moving Average) for the last five trading sessions. Thus far, the stock has managed to sustain above its 100-DMA, which stands at Rs 5,455. The 100-DMA is…
Source: Live Mint Indian auto stocks have made a strong comeback in recent sessions, following a period of significant underperformance throughout August and early September. The recent rally has been largely driven by two-wheeler stocks, buoyed by expectations of improvement in sales during the ongoing festive season and good rainfall across India. Amid the recent…
Source: Business Standard 3 min read Last Updated : Sep 26 2024 | 10:22 AM IST Hero MotoCorp share price fall: Shares of largest two-wheeler manufacturer, Hero MotoCorp dropped up to 2.76 per cent to hit an intraday low of Rs 5,919.50 per share on Thursday, September 26, 2024. The downtrend in the Hero…
Source: Business Standard 1 min read Last Updated : Sep 18 2024 | 8:43 AM IST Buy Hero MotoCorp | CMP: Rs 5,961 | SL: Rs 5,820 | Target: Rs 6,280 The stock has given a range breakout on daily scale with noticeable volumes which may support the ongoing bullish momentum. The RSI…
Source: Live Mint Ather Energy Ltd has yet to announce the pricing for its upcoming initial public offering (IPO), which will be a mix of fresh issue and offer for sale. However, investors can draw inspiration from Hero MotoCorp Ltd’s strategy. If Ather seems like a risky bet, investors may find comfort in Hero, which…
Source: Live Mint The push for electric two-wheelers (2W) in India has been accelerating at an impressive rate, driven by a growing shift in consumer preferences from traditional internal combustion engine (ICE) vehicles to greener, more sustainable mobility options. This transition is driven by increasing environmental awareness, discounts on popular models, government incentives, and lower…
