Hero Motors Pulls the Plug on ₹900 Crore IPO: A Strategic Retreat
Hero Motors has officially withdrawn its ₹900 crore IPO draft papers submitted to SEBI, leaving investors surprised. The decision comes as the company reassesses market conditions and strategic priorities. While no specific reasons were disclosed, this move reflects a cautious approach amid fluctuating market sentiments. As Hero Motors recalibrates its plans, all eyes will be on its next steps in the dynamic automotive landscape.
