Bain Capital Sells 56 Lakh Shares of Hero MotoCorp for Rs 1,481 Cr

Private equity firm Bain Capital India today offloaded over 56 lakh shares in Hero MotoCorp for an estimated Rs 1,481 crore through an open market route. Bain Capital sold 32.08 lakh shares of Hero MotoCorp on the NSE and another 24.09 lakh scrips of the auto firm on the BSE, taking the total to 56.18 shares, according to data available with the stock exchanges. The shares were offloaded at an average price of Rs 2,636.45 per...