Key Indian Stocks Hit New Highs Following Strong Quarterly Trends

Hero MotoCorp and Axis Bank reached fresh 52-week highs after gaining between 8% and 10% during the session. The gains followed stronger-than-expected quarterly performance, with analysts noting continued traction in retail demand and stable credit quality across the banking segment. Broader buying in mid- and large-cap counters supported overall sentiment. Meanwhile, PhysicsWallah shares fell 2% due to mixed Q2 numbers and Trent declined 6% after reporting results that missed market expectations.