Aberdeen increases stake in Hero MotoCorp
Aberdeen Asset Management increased its stake in Hero MotoCorp on Monday
Aberdeen Asset Management Asia Ltd has increased its stake in Hero MotorCorp.
The company acquired 84,27,749 shares on Monday bringing the total shares it holds in Hero MotoCorp to a total of 1,59,29,702 shares across all mandates, it said in a BSE filing.
This is equivalent to 7.9773% of the company's issued shares of which 6.4596% are shares where Aberdeen has control over the voting rights.