{"id":324570,"date":"2026-10-22T15:41:36","date_gmt":"2026-10-22T10:11:36","guid":{"rendered":"https:\/\/univest.in\/blogs-2\/?p=324570"},"modified":"2026-10-22T15:41:36","modified_gmt":"2026-10-22T10:11:36","slug":"hero-motors-shares-hit-5-percent-lower-circuit-but-stock-remains-42-percent-above-issue-price","status":"publish","type":"post","link":"https:\/\/univest.in\/blogs-2\/hero-motors-shares-hit-5-percent-lower-circuit-but-stock-remains-42-percent-above-issue-price\/","title":{"rendered":"Hero Motors Shares Hit 5% Lower Circuit, but Stock Remains 42% Above Issue Price"},"content":{"rendered":"

Hero Motors shares hit the 5% lower circuit at Rs 116.58 on 22 Oct 2026, down Rs 6.13 from the previous close of Rs 122.71, a day after a 10% lower circuit on 21 Oct. At the day’s high of Rs 119.35 the stock was about 42% above the Rs 84 issue price, which matches the headline, and at Rs 116.58 it is about 39% above (my calculation). I found no company news that explains the fall.<\/em><\/p>\n

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Quick Answer<\/strong><\/p>\n

Hero Motors shares hit the 5% lower circuit at Rs 116.58 after a 10% fall on 21 Oct, and the stock is now about 35% below its record high of Rs 178.84 by my calculation. The stock is still about 39% above the Rs 84 issue price, but it trades near 128 times trailing earnings against an industry multiple of about 37 times. No company announcement explains the fall, and reports point to profit-taking, the cyclical auto sector and a weak market. Newly listed stocks can swing sharply, so size any decision to your own risk.<\/p>\n<\/p><\/div>\n

Hero Motors shares have now fallen two sessions in a row to the lower circuit, giving back a large part of the gains made after the September listing. The stock opened at Rs 118.70 on Thursday, touched a high of Rs 119.35 and then locked at Rs 116.58, with about 2 crore shares traded.<\/p>\n

This article on Hero Motors shares covers the price action, the issue and listing details, the financials, the valuation and the risks, and it asks whether the stock is still worth holding. It is educational and not a recommendation. Hero Motors is a separate company from Hero MotoCorp, so do not mix up the two.<\/p>\n

Click Here – Get Free Investment Predictions<\/a><\/strong><\/p>\n

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