Bajaj Auto, Hero MotoCorp, Ola Electric hit 52-week lows; here's why

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Bajaj Auto, Hero MotoCorp, Ola Electric hit 52-week lows; here's why - Business Standard

Quick Summary:

It is also expected to benefit from rationalisation of personal income tax regime for FY26E, with industry players projecting a volume growth of ~8-10 per cent in FY26E, ICICI Securities said in a note.

Shares of Hero MotoCorp were down 2 per cent to Rs 3,616.90, hitting its fresh 52-week low on the BSE in intra-day trade today.

Bajaj Auto management in its Q3 earnings call highlighted 2W industry growth in the range of 6-8 per cent in FY25, with increasing green shoots in the export markets.