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Hero MotoCorp gains on the BSE

Hero MotoCorp is currently trading at Rs. 2689.00, up by 23.50 points or 0.88% from its previous closing of Rs. 2665.50 on the BSE.

The scrip opened at Rs. 2671.00 and has touched a high and low of Rs. 2713.20 and Rs. 2664.60 respectively. So far 67786 shares were traded on the counter.

The BSE group ‘A’ stock of face value Rs. 2 has touched a 52 week high of Rs. 3382.70 on 20-Dec-2018 and a 52 week low of Rs. 2228.25 on 31-Jul-2019.

Last one week high and low of the scrip stood at Rs. 2758.90 and Rs. 2640.00 respectively. The current market cap of the company is Rs. 53686.59 crore.

The promoters holding in the company stood at 34.63%, while Institutions and Non-Institutions held 53.80% and 11.57% respectively.

Hero MotoCorp has reported sales of 612,204 units of motorcycles and scooters in the month of September 2019. With this, the Company registered a growth of 12.6% over the previous month (August 2019) when it had sold 543,406 units of two-wheelers.

Hero MotoCorp is an India-based holding company and a two-wheeler manufacturer. The company is engaged in the manufacturing and selling of motorized two-wheelers, spare parts and related services.

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