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News 2026-09-23 04:55 UTC

India's Hero Motors rebounds after weak debut, valued at over $400 million

Shares of Hero Motors (HERT.NS) rose 6.5% on Wednesday after a subdued market debut, following the Indian auto parts maker's $104.2 million initial public offering.The stock opened at 82 rupees on the National Stock Exchange, a 2.4% discount to its IPO price of 84 rupees, before recouping losses to…