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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.