Hero MotoCorp is currently trading at Rs. 2961.95, up by 25.05 points or 0.85% from its previous closing of Rs. 2936.90 on the BSE.
The scrip opened at Rs. 2937.00 and has touched a high and low of Rs. 2965.00 and Rs. 2926.40 respectively. So far 7148 shares were traded on the counter.
The BSE group 'A' stock of face value Rs. 2 has touched a 52 week high of Rs. 3080.00 on 18-Sep-2014 and a 52 week low of Rs. 1907.00 on 21-Feb-2014.
Last one week high and low of the scrip stood at Rs. 2965.00 and Rs. 2725.25 respectively. The current market cap of the company is Rs. 58646.22 crore.
The promoters holding in the company stood at 39.92% while Institutions and Non-Institutions held 42.77% and 17.31% respectively.
Hero MotoCorp is all set to invest Rs 5,000 crore in plant expansions over the next two-three years. The company will invest across the globe, including the manufacturing plants in Columbia and Bangladesh, the new plants coming up at Gujarat (Halol) and Andhra Pradesh and the Hero Global Centre for research and design at Kukas in Rajasthan.
Meanwhile, the company has inaugurated its new plant at Neemrana, Rajasthan, which will have a capacity of 7.50 lakh units a year.
Hero MotoCorp is the World’s single largest two-wheeler motorcycle company. Honda Motor Company of Japan and the Hero Group entered a joint venture to setup Hero Honda Motors in 1984. Hero Honda Motors changed its name to Hero MotoCorp following the exit of its erstwhile Japanese promoter, Honda, from the company.
| Company Name | CMP |
|---|---|
| Bajaj Auto | 10153.35 |
| TVS Motor Company | 3625.45 |
| Hero MotoCorp | 4898.30 |
| Eicher Motors | 7365.40 |
| Ather Energy | 1218.80 |
| View more.. | |
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