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Hero MotoCorp surges on launching six bikes in Colombia

Hero MotoCorp Ltd. | Automobile Two & Three Wheelers | Automobiles | BSE: 500182 | NSE: HEROMOTOCO

01 Dec 2014 Evaluate

Hero MotoCorp is currently trading at Rs. 3179.05, up by 36.85 points or 1.17% from its previous closing of Rs. 3142.20 on the BSE.

The scrip opened at Rs. 3150.00 and has touched a high and low of Rs. 3183.85 and Rs. 3150.00 respectively. So far 2726 shares were traded on the counter.

The BSE group 'A' stock of face value Rs. 2 has touched a 52 week high of Rs. 3159.80 on 28-Nov-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. 3159.80 and Rs. 3013.05 respectively. The current market cap of the company is Rs. 62745.81 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 has launched six of its best-selling bikes in Colombia as part of its target to clock 1.2 million unit sales from global business by 2020. The two-wheelers rolled out include the 100 cc bikes -Splendor iSmart, Eco Deluxe, and Passion-Pro; the 125 cc Glamour; the 150 cc Hunk and the 225 cc Karizma ZMR. Besides, it also became the first two-wheeler company in Colombia to offer 4-year warranty on all its models. The bikes will be sold in 120 outlets spread across the country.

The company is planning to set up a manufacturing plant in Colombia. Furthermore, the company is expected to launch its operations in Europe by 2015 and in the US by 2016.

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.

Hero MotoCorp Share Price

4963.35 -69.60 (-1.38%)

24-Apr-2026 16:59 View Price Chart

Peers

Company Name	CMP
Bajaj Auto	9576.10
Hero MotoCorp	4963.35
TVS Motor	3492.15
Eicher Motors	7108.65
Ather Energy	882.45
View more..

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Hero MotoCorp surges on launching six bikes in Colombia

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