Hero Motor Corp Shares Fall As Promoters Divest Stake

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Shares in Hero motor Corp fell sharply by almost six per cent after reports that the company's promoters were planning to sell a small stake in the company.

Hero Motor Corp Shares Fall As Promoters Divest Stake
The BML Munjal-led Hero group planned to divest its stake. Shares of hero motor Corp dropped as much as 6 per cent and was last traded at Rs 2652.

Hero MotoCorp Ltd (Formerly Hero Honda Motors Ltd.) is the world's largest manufacturer of two - wheelers, based in India.

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Story first published: Wednesday, February 18, 2015, 13:54 [IST]
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