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Hero Motors share price hits 20% upper circuit after tepid listing | What investors should watch

NSE moved higher.

23 Sept 2026 · LiveMint Markets

Hero Motors share price surged 20% after a lackluster debut, trading at ₹98.40 on the NSE. Despite initial declines, analysts suggest a neutral outlook due to high valuations and risks but acknowledge strong growth potential in powertrain solutions and electric vehicles.

NSE reported ₹98.40, with movement of 20% attached to those lines. Those are the figures as filed — what moves the price is how they sit against what the market already expected, not their absolute size.

  • With NSE involved, this carries a regulatory dimension that can outlast the immediate market reaction.
  • The immediate tone of coverage reads positive.