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Hero Moto share price is near a six-year low because of its Indian, middle class obsession
- The shares of India's largest two-wheeler has lost a fifth of its value in the last five months.
- At the same time, peers like Bajaj Auto (up 5%) and TVS Motor (up about 3%) have gained value.
- While all three players are facing a demand slowdown in India, stronger focus on exports have helped Bajaj and TVS offset the losses here.
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