Kotak Institutional Equities has maintained a reduced rating on Hero MotoCorp Ltd and lowered its target price to Rs 2400 from Rs 2600 earlier.

Kotak retains ‘reduce’ rating on Hero MotoCorp amid likely loss to market share

Adani Enterprises led the pack of losers and Hero Motocorp gained the most.

Sensex down more than 300 points at 57,925, Nifty ends the day below 17,100 as US Fed teases rate hikes

The two wheeler maker on Wednesday announced that it will increase the ex-showroom prices of its select motorcycles and scooters, effective from 1 April 2023.

Hero MotoCorp to hike prices from April 1

Global Surfaces: Shares of Global Surfaces will debut on the bourses today. The issue price was fixed at the higher end of the price band of Rs 133-140 per share.

Global Surfaces, Hero MotoCorp, Hindustan Aeronautics, H.G. Infra in focus

Stocks to watch: Shares of firms like HAL, Hero MotoCorp, NBCC, Nazara Tech, BHEL, GAIL, and others will be in focus on Thursday’s trade.

Stocks to Watch: HAL, Hero MotoCorp, NBCC, Nazara Tech, BHEL, GAIL, and Others

Stocks to Watch: Hero MotoCorp on Wednesday said it will increase prices of its model range by around 2 per cent from next month

Stocks to Watch: Reliance, HAL, Hero MotoCorp, Nazara Tech, L&T, Power Grid

Stocks to Watch: Check out the companies making headlines before the opening bell today

Buzzing Stocks | Hero MotoCorp, Hindustan Aeronautics, HG Infra Engineering, and others in the news today

These are the stocks to look out for during trade today.

Stocks To Watch: Hindustan Aeronautics, Hero MotoCorp, Reliance Industries, GR Infra, Max Financial

Hero Motocorp has said that the price of the motorcycle and scooters can see a hike of around 2 percent; however, the number can change depending on the model.

Hero Motocorp To Hike Prices Of Motorcycles and Scooters From April 1

Hero MotoCorp on Wednesday said it will increase prices of its model range by about 2% from next month in order to offset the impact of rise in production cost in order to conform to stricter emission norms.

Hero MotoCorp to raise prices by up to 2% from April

Hero MotoCorp will make upward revision in the ex-showroom prices of its select motorcycles and scooters, by around two per cent, effective from April 1

Hero MotoCorp to increase prices by around 2 per cent from April 1

Hasn't faired well - amongst the low performers

Performance

Seems to be overvalued vs the market average

Valuation

Lagging behind the market in financials growth

Growth

Showing good signs of profitability & efficiency

Profitability

The stock is underpriced and is not in the overbought zone

Current price is less than the intrinsic value

Fundamentals

Good time to consider, stock is not in the overbought zone

Technicals

Entry point

Promoter pledged holding

Unsolicited messages

Default probability

Red flags

Hero MotoCorp Limited is a two-wheeler manufacturer. The Company manufactures and sells motorized two wheelers up to 350 cubic centimeters (cc) engine capacity, spare parts and related services.