Explore all group stocks
Name | LTP | Change % | Volume | Market Cap (Cr.) | Day Range | 52 Week High | 52 Week Low | PE Ratio | ROE |
|---|---|---|---|---|---|---|---|---|---|
₹5,275.50 | 1.99% | 10,43,098 | ₹1,08,542.00 | ₹5216.00 - ₹5367.50 | ₹6,388.50 | ₹3,344.00 | 16.15 | 24.40 | |
₹74.14 | 0.32% | 75,081 | ₹768.00 | ₹73.81 - ₹75.98 | ₹114.55 | ₹60.52 | 21.89 | 7.41 | |
₹120.05 | -0.59% | 20,036 | ₹482.94 | ₹120.01 - ₹122.84 | ₹157.50 | ₹104.20 | 15.13 | 0.70 | |
₹15.93 | 0.57% | 1,29,642 | ₹213.94 | ₹15.80 - ₹17.00 | ₹35.79 | ₹15.00 | -5.3 | -152.6 |
*Disclaimer: The scripts listed are solely for research purposes and are not recommendations. Please conduct your own research before making any investment decisions.
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Hero Group was founded in 1956 by Brijmohan Lall Munjal as a bicycle manufacturing company. Soon Hero Cycles Limited became a popular and reliable name in the bicycle industry. It was one of the early manufacturers and exporters of bicycles in India. Over the years, the company expanded into the automobile sector introducing motorcycles and scooters.
In 1984, Hero partnered with Japan’s Honda Motors forming Hero Honda which became a leading two-wheeler brand in India. After parting ways with Honda in 2011, the company rebranded as Hero MotoCorp and continued to maintain its leadership position in the two-wheeler market. The company also diversified into the power sector with the establishment of Hero Future Energies in 2012.
The company’s financial services arm Hero FinCorp was established in 1991. It has emerged as a leading non-banking financial company (NBFCs) in India. Under the leadership of Pawan Munjal, the group expanded into financial services, renewable energy and education. Today, Hero Group operates in multiple industries and continues to grow by focusing on innovation, technology and customer satisfaction.
You can invest in Hero Group stocks through online trading platforms like Upstox by following these steps:
Open demat account: Register on Upstox and complete the necessary KYC verification.
Deposit funds: Add money to your trading account.
Research companies: Study Hero Group companies, evaluating their financial health and future growth potential.
Purchase shares: Choose the stocks that match your investment goals and make the purchase.
Track performance: Keep an eye on your investments and make changes as required based on market conditions.
Group stocks are a list of stocks that are owned by the same business conglomerate or corporate group. The companies are usually from different sectors but they are connected via common ownership or management.
When selecting stocks from a group for investment first analyse the financial health of companies, track record of share price performance and future growth opportunities. While all the entities present in a conglomerate may have their own strengths and weaknesses, they belong to a single group. Diversify your portfolio by investing in stocks of the same group to spread any risk.
Buying stocks of a corporate group may come with some risks. For example, if the flagship of the group struggles due to some reason it can hurt the performance of other entities, especially smaller subsidiaries. Management issues, sector-specific challenges and regulatory issues also may affect the stock price of a company belonging to a conglomerate.
To buy group stocks you need to set up a trading account and a demat account with a registered stock broker. You can open a demat account for free through online platforms like the Upstox App to invest in shares of a company of a large corporate group.
Top five group stocks as per market cap include biggies like Reliance Industries, Tata Consultancy Services(TCS), HDFC Bank, Bharti Airtel and ICICI Bank.