Shares of Hero MotoCorp rose 3 per cent in early trade today after the two-wheeler major denied media reports which said that the Income Tax Department was analysing Rs 1,000 crore of bogus expenses at the firm. Hero MotoCorp stock gained 3.1 per cent to Rs 2,277 against the previous close of Rs 2,208.35 on BSE. The large cap stock has gained after three days of consecutive fall.
Rs 1,000 crore bogus expenses detected in I-T raid on Hero Motocorp; stock slides 7%
Hero MotoCorp shares tank 7% after IT raid reveals ₹1,000 crore bogus expenses
Hero Moto gains 3% as firm refutes reports of bogus expenses, raises two-wheeler prices
