Hero Motors hits new high; stock up 99% against issue price in 7 days
BSE is in focus in an ipo & listings development.
· Business Standard Mkts
Hero Motors' share price hit a new high of ₹167.45 in Thursday's intraday trade. The stock has more than doubled, up 108% from its listing day's low of ₹80.50 on the BSE.
The analysis
BSE reported ₹167.45 and ₹80.50, with movement of 99% and 108% 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.
Why it matters
- Listing activity is a read on risk appetite — a hot primary market usually means a confident secondary one.
- With BSE involved, this carries a regulatory dimension that can outlast the immediate market reaction.
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