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Hero MotoCorp moves up on launching Maestro Edge 125, Pleasure+ 110

Hero MotoCorp is currently trading at Rs. 2536.80, up by 27.75 points or 1.11% from its previous closing of Rs. 2509.05 on the BSE.

The scrip opened at Rs. 2500.10 and has touched a high and low of Rs. 2537.85 and Rs. 2500.10 respectively. So far 13930 shares were traded on the counter.

The BSE group ‘A’ stock of face value Rs. 2 has touched a 52 week high of Rs. 3819.00 on 02-Jul-2018 and a 52 week low of Rs. 2478.00 on 30-Apr-2019.

Last one week high and low of the scrip stood at Rs. 2565.00 and Rs. 2485.05 respectively. The current market cap of the company is Rs. 50331.17 crore.

The promoters holding in the company stood at 34.63%, while Institutions and Non-Institutions held 54.27% and 11.10% respectively.

Hero MotoCorp has strengthened its scooter portfolio with the launch of two powerful and stylish new scooters-Maestro Edge 125 and Pleasure+ 110- for customers in India and across its global markets.

With these launches, the company has now rolled out seven new products – including premium motorcycles and scooters – with youthful appeal and technological and design excellence, in a short span of time. The company will commence the retail sales of the scooters over the next few weeks.

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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