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Hero MotoCorp soars on reporting 2.32% rise in May sales

02 Jun 2016 Evaluate

Hero MotoCorp is currently trading at Rs 3132.35, up by 45.05 points or 1.46% from its previous closing of Rs 3087.30 on the BSE.

The scrip opened at Rs. 3087.30 and has touched a high and low of Rs. 3143.65 and Rs. 3060.10 respectively. So far 10656 shares were traded on the counter.

The BSE group 'A' stock of face value Rs. 2 has touched a 52 week high of Rs. 3170.00 on 13-Apr-2016 and a 52 week low of Rs. 2259.10 on 07-Sep-2015.

Last one week high and low of the scrip stood at Rs. 3132.00 and Rs. 2916.40 respectively. The current market cap of the company is Rs. 62658.76 crore.

The promoters holding in the company stood at 34.64% while Institutions and Non-Institutions held 56.09% and 9.27% respectively.

Hero MotoCorp has reported a 2.32% increase in sales at 583,117 units of Two-wheeler in May 2016. The company had sold 569,876 units of Two-wheeler in May 2015. Market demand was expectedly subdued in May, due to heavy retail off-take that happened in April on account of marriage season and regional festivals in different parts of the country during that month.

In the month of May, Hero MotoCorp forayed into the world of motorcycle rally racing, through a strategic alliance with Speedbrain GmbH, the German off-road racing specialist. The newly formed ‘Hero MotoSports Team Rally’ made its debut at the Merzouga Rally, a Dakar series race that recently concluded in Morocco.

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.

Hero MotoCorp Share Price

5321.50 -20.45 (-0.38%)
08-May-2026 16:59 View Price Chart
Peers
Company Name CMP
Bajaj Auto 10710.85
Hero MotoCorp 5321.50
TVS Motor 3692.45
Eicher Motors 7300.10
Ather Energy 915.00
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