Hero MotoCorp’s shares slipped by 2% after UBS reiterated its “sell” recommendation, primarily due to concerns about the company’s declining market share and increased competition. UBS has set a target price of ₹3,350, implying a significant downside of over 40% from the current price.
Hero MotoCorp shares slip 2% as UBS reiterates ‘sell’ indicates that the investment bank UBS has maintained its “sell” rating for Hero MotoCorp shares.
