Hero Motors share price: Hero Motors shares have surged 46% from their IPO issue price of ₹84, with the stock hitting its third consecutive 5% upper circuit on October 29.
The sharp rally has put the recently listed stock back on investors’ radar, supported by strong September-quarter earnings and improving operating performance.
Hero Motors shares were locked in a 5% upper circuit at ₹122.40 in intraday trade on Thursday, October 29, marking the third consecutive session in which the stock hit its upper price band. The stock opened at ₹120 apiece on the BSE before climbing to its upper circuit level.
The shares have gained nearly 16% over the past three trading sessions and are now up approximately 46% from their IPO issue price of ₹84. However, the stock's recent momentum comes against a mixed short-term performance: it has declined around 12% over the past month while gaining approximately 5% in a week.
Hero Motors made its stock market debut on September 23, 2026, listing at a discount to its IPO price. The shares opened at ₹82.10 on the BSE, down 2.26% from the issue price of ₹84, before recovering sharply to close at ₹98.51, representing a gain of 17.27% over the IPO price.