Hero Motors shares hit 20% upper circuit after lackluster debut. Should you buy, sell or hold?
Indian markets moved higher in an ipo & listings development.
23 Sept 2026 · Economic Times Markets, ET Stocks
Hero Motors shares staged a dramatic recovery on Wednesday, surging 20% to hit the upper circuit at Rs 98.40 after listing at a 2% discount at Rs 82. Despite strong IPO demand, analysts recommend holding existing shares with a stop-loss or waiting for price consolidation before taking fresh positions.
The analysis
Listing activity is a read on risk appetite — a hot primary market usually means a confident secondary one.
Market context
- The immediate tone of coverage reads positive.
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