Hero MotoCorp shares jump after Jefferies downgrade to Hold sparks broker debate

Published on 7 May 2026

The upgrade came with a Hold rating

Hero MotoCorp shares rose about 4% after Jefferies upgraded the stock to a Hold rating, citing strong Q4FY26 performance. The bike maker posted around a 30% jump in net profit and announced a total FY26 dividend of Rs 185 per share. Still, brokerages are split as demand improves but margins remain a key concern.

Jefferies lifted Hero MotoCorp to Hold on strong Q4FY26
Net profit rose roughly 30% and FY26 dividend totals Rs 185
Shares gained nearly 4% on the news
Other broker outlook remains mixed over margins

#jefferies #stock market #brokerage ratings #heromotocorp #dividend

Read the full story at The Economic Times

This summarization was done by Beige for a story published on The Economic Times

Hero MotoCorp shares jump after Jefferies downgrade to Hold sparks broker debate

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