Whalesbook
Hero MotoCorp shares climbed over 2.5% to cross the Rs 6,000 mark for the first time since September 2024. This surge follows upgrades from Macquarie and J.P. Morgan, who cited stabilizing domestic market share, improving electric vehicle traction, steady margins, and positive earnings outlook. Macquarie raised its price target to Rs 6,793, while J.P. Morgan set theirs at Rs 6,850. The company's Q2 EBITDA margin improved to 15%.