Two wheeler stocks trade weak; Hero MotoCorp, TVS Motor hit 52-week low

Shares of two wheeler companies were under pressure with Hero MotoCorp and TVS Motor Company hitting their respective 52-week lows and Bajaj Auto trading close to its 52-week low, falling up to 7% on the BSE in early morning trade on Monday. TVS Motor Company slipped 7% to Rs 524 on the BSE in intra-day trade. Hero MotoCorp skid to its 52-week low of Rs 3,266, down 3%, extending its 4% decline in the past two trading days ahead of June 2018 (Q1FY19) results on Wednesday, July 25, 2018.

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