Hero MotoCorp is currently trading at Rs. 2664.75, up by 117.75 points or 4.62% from its previous closing of Rs. 2547.00 on the BSE.
The scrip opened at Rs. 2567.00 and has touched a high and low of Rs. 2677.25 and Rs. 2561.75 respectively. So far 62517 shares were traded on the counter.
The BSE group ‘A’ stock of face value Rs. 2 has touched a 52 week high of Rs. 3021.15 on 23-Sep-2019 and a 52 week low of Rs. 1475.00 on 24-Mar-2020.
Last one week high and low of the scrip stood at Rs. 2677.25 and Rs. 2468.10 respectively. The current market cap of the company is Rs. 53246.97 crore.
The promoters holding in the company stood at 34.63%, while Institutions and Non-Institutions held 54.16% and 11.21% respectively.
Hero MotoCorp has led the revival of the domestic two-wheeler sector in the month of June with wholesale deliveries made to dealerships of over 450,744 units – a record sequential growth of four times over the 112,682 units dispatched in May 20.
The sales in the first quarter of FY21 was subdued due to the impact of COVID-19 and the effects of the closure of the plant operations and the retail outlets through the entire month of April and most of May. Despite the challenging conditions, Hero MotoCorp sold a total of 563,426 units of motorcycles and scooters in the first quarter of Financial Year (April-June) 2020-21.
Hero MotoCorp is the world’s largest two-wheeler manufacturer.
