New Delhi, Aug. 22 -- Hero MotoCorp share price in focus: Shares of Hero MotoCorp, one of the world's largest two-wheeler manufacturers, ended Friday's intraday session (August 22) lower, slipping 2% to Rs.4,997.90 apiece as investors booked profits after a sharp rally that had made it the best-performing auto stock in August.

Over the last 16 trading sessions, the stock has advanced 17.6% and even touched a nine-month high of Rs.5,165 apiece on August 19, offering relief after largely remaining sideways over the previous two months. The August rally is the strongest monthly gain for the auto stock since November 2023.

The recent upswing has been supported by better-than-expected June quarter results, driven by stronger exports and high...