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Hero Motors Shares Soar 69% in 3 Days, Hit 20% Upper Circuit
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News18•25-09-2026, 14:00
Hero Motors Shares Soar 69% in 3 Days, Hit 20% Upper Circuit
- •Hero Motors shares surged 20% to hit the upper circuit at Rs 141.69 on the NSE on Friday, September 25.
- •The stock has gained nearly 69% from its IPO issue price of Rs 84 in just three trading sessions.
- •Hero Motors initially listed at a discount on September 23 but saw strong buying interest in subsequent sessions.
- •The company's Rs 1,000-crore IPO was subscribed 6.66 times, reflecting investor demand.
- •Hero Motors specializes in powertrain solutions and alloy components, catering to OEMs like BMW and Ducati.
Key Questions Answered
Hero Motors fixed its IPO issue price at Rs 84 per share. On Wednesday, September 23, the stock made a subdued debut, listing at Rs 82 on the NSE and representing a discount of 2.38%.
Hero Motors' Rs 1,000-crore initial public offering received an overall subscription of 6.66 times during the September 16-18 bidding period.
Hero Motors is an automotive technology company that designs, develops, and manufactures powertrain solutions, transmissions, gears, and metallic components for domestic and international OEMs. Its major customers include global brands such as BMW, Ducati, and Enviolo International.
