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Hero MotoCorp moves up on aiming to sell six lakh units in retail sales in October

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

28 Oct 2015 Evaluate

Hero MotoCorp is currently trading at Rs. 2625.80, up by 5.40 points or 0.21% from its previous closing of Rs. 2620.40 on the BSE.

The scrip opened at Rs. 2618.20 and has touched a high and low of Rs. 2631.90 and Rs. 2595.50 respectively. So far 2471 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. 2644.35 and Rs. 2581.00 respectively. The current market cap of the company is Rs. 52417.97 crore.

The promoters holding in the company stood at 34.64% while Institutions and Non-Institutions held 52.00% and 13.36% respectively.

Hero MotoCorp is targeting to sell around six lakh units in retail sales in October, buoyed by double-digit growth in sales in the ten-day long Navratra-Dussehra period. Looking to cash in on the robust demand for scooters, the company has also raised its annual scooter capacity to 13 lakh units from the previous 10 lakh units.

The company’s motorcycle brands, including Glamour, Passion Pro and Splendor drew huge volumes during the festive period. Even the new Splendor PRO has contributed handsomely during the period.

The company has also raised its scooter capacity to 13 lakh units in the second quarter of this fiscal, up from 10 lakh units in the first quarter.

Hero MotoCorp is the world’s single largest two-wheeler motorcycle company. 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

5229.25 68.40 (1.33%)

17-Apr-2026 16:59 View Price Chart

Peers

Company Name	CMP
Bajaj Auto	9777.15
Hero MotoCorp	5229.25
TVS Motor	3743.60
Eicher Motors	7189.40
Ather Energy	850.65
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Hero MotoCorp moves up on aiming to sell six lakh units in retail sales in October

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