Hero Motor Corp Shares Fall As Promoters Divest Stake
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.
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.