Hero MotoCorp share price: Sharekhan retains Buy rating with price target of Rs 4030
Sharekhan interacted with the management of Hero MotoCorp (Hero) to discuss its plans for electric two-wheelers and readiness to benefit from increasing electric two-wheelers penetration in the medium to long term. Hero MotoCorp has invested in Ather Energy, a start-up company, taking a 34.6% stake. Hero MotoCorp share price today is Rs 3407, down Rs 16 or 0.5%.
Hero MotoCorp is also planning to launch its own developed mass scale e-2W in FY2022. Hero MotoCorp is open to invest into new ventures, where Hero finds a technological edge: ANI