Hero MotoCorp gains on reporting 26% growth in sales in November

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

04 Dec 2017 Evaluate

Hero MotoCorp is currently trading at Rs. 3623.00, up by 16.05 points or 0.44% from its previous closing of Rs. 3606.95 on the BSE.

The scrip opened at Rs. 3614.40 and has touched a high and low of Rs. 3626.85 and Rs. 3596.35 respectively. So far 2,696 shares were traded on the counter.

The BSE group 'A' stock of face value Rs. 2 has touched a 52 week high of Rs. 4200.00 on 23-Aug-2017 and a 52 week low of Rs. 2957.00 on 27-Dec-2016.

Last one week high and low of the scrip stood at Rs. 3692.50 and Rs. 3571.00 respectively. The current market cap of the company is Rs. 72,353.00 crore.

The promoters holding in the company stood at 34.64%, while Institutions and Non-Institutions held 53.72% and 11.64% respectively.

Hero MotoCorp has registered six lakh-plus sales for the seventh consecutive month this fiscal (FY’18). The company clocked sales of 605,270 units in the month of November 2017, registering a growth of 26% over the corresponding month last year (November 2016) when the company had sold 479,856 units.

This sales growth has been driven by Hero MotoCorp’s iconic brands - the Splendor, Passion, HF Deluxe, Glamour motorcycles and its range of scooters - Maestro Edge, Duet and Pleasure. The company sold 525,224 units of motorcycles and 80,046 units of scooters in November.

The impressive November sales comes close on the heels of a record-breaking festive season, which saw Hero MotoCorp clock its highest highest-ever Q2 and half-yearly sales.

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

4854.55 -12.10 (-0.25%)

03-Jul-2026 16:59 View Price Chart

Peers

Company Name	CMP
Bajaj Auto	9783.20
TVS Motor Company	3626.00
Hero MotoCorp	4854.55
Eicher Motors	7340.10
Ather Energy	1130.20
View more..

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