Hero Motors Lists at 2.38% Discount After IPO

Hero Motors is a company that makes important parts for vehicles.

These parts are used in electric and non-electric vehicles.

The company sold shares to the public through an IPO.

Its shares were offered at Rs 84 each.

When trading began, the shares opened at Rs 82, which was slightly lower.

Investors had applied for many more shares than were available.

Anand Rathi said the company could be attractive for long-term investors.

Hero Motors works with vehicle makers and has operations in India, the United Kingdom and Thailand.