Hero Moto hits over 4-month high ahead of record date for interim dividend

The stock will turn ex-date for interim dividend of Rs 60 per share on Monday, February 21, 2022

Shares of Hero MotoCorp (HMCL) hit an over four-month high of Rs 2,866, rising 3 per cent in Thursday's intra-day trade. The stock has surged 8 per cent in the past three trading days on the BSE ahead of the first electric product (EV) product launch, expected in March.

The stock of country's largest two wheeler maker was trading at its highest level since October 20, 2021, and has recovered 24 per cent from its 52-week low of Rs 2,310.50 on December 20, 2021. It had hit a 52-week high of Rs 3,628.55 on February 8, 2022.

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