Hero scrip crashes 7% on Rs 1k cr false spend reports - Shahpur Turk CSC - Common Service Centre in Sonipat Hero scrip crashes 7% on Rs 1k cr false spend reports

30 March 2022

Hero scrip crashes 7% on Rs 1k cr false spend reports

The stock price of two-wheeler major Hero MotoCorp crashed over 7% on Tuesday on the back of reports that a raid by the income tax (I-T) department had unearthed bogus expenses aggregating Rs 1,000 crore and cash transactions worth about Rs 100 crore.

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