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Hero Motors, SML Mahindra, Wheels India locked at 10% lower circuits

BSE moved lower with October 5 in focus.

· Business Standard Mkts

Hero Motors' share price was locked at the 10% lower circuit at ₹122.70 on Wednesday, falling 31% from its post listing high of ₹179 on October 5, 2026 on the BSE.

Dates in focus
October 5

BSE reported ₹122.70 and ₹179, with movement of 10% and 31% 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 BSE involved, this carries a regulatory dimension that can outlast the immediate market reaction.
  • The immediate tone of coverage reads negative.