Hero MotoCorp rises on plan to expand its presence in Telangana, AP

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

17 Jul 2015 Evaluate

Hero MotoCorp is currently trading at Rs. 2660.05, up by 10.05 points or 0.38% from its previous closing of Rs. 2650.00 on the BSE.

The scrip opened at Rs. 2659.95 and has touched a high and low of Rs. 2678.10 and Rs. 2654.05 respectively. So far 3124 shares were traded on the counter.

The BSE group 'A' stock of face value Rs. 2 has touched a 52 week high of Rs. 3271.80 on 01-Dec-2014 and a 52 week low of Rs. 2252.00 on 08-May-2015.

Last one week high and low of the scrip stood at Rs. 2678.10 and Rs. 2552.20 respectively. The current market cap of the company is Rs. 53080.93 crore.

The promoters holding in the company stood at 34.64% while Institutions and Non-Institutions held 51.89% and 13.47% respectively.

In a bid to boost pan-India sales, two-wheeler major Hero MotoCorp is planning to expand its presence in Telangana and Andhra Pradesh (AP), which had been moderate so far this fiscal. Both Telangana and Andhra Pradesh are very big and important markets for the company and it is currently commanding over 50 per cent market share in two-wheeler sales in the region.

Recently, the company launched has two new motorcycles - the new Hero Xtreme Sports and new Hero Passion PRO. Xtreme Sports priced at Rs 71,729 and Passion PRO at Rs 49,450 ex-showroom Hyderabad.

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

4796.05 -21.65 (-0.45%)

30-Jun-2026 16:59 View Price Chart

Peers

Company Name	CMP
Bajaj Auto	9713.60
Hero MotoCorp	4796.05
TVS Motor Company	3463.60
Eicher Motors	7076.25
Ather Energy	1140.85
View more..

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