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Hero MotoCorp gains despite reporting marginal fall in Q2 net profit

17 Oct 2018 Evaluate

Hero MotoCorp is currently trading at Rs. 2960.00, up by 61.30 points or 2.11% from its previous closing of Rs. 2898.70 on the BSE.

The scrip opened at Rs. 2918.00 and has touched a high and low of Rs. 2992.00 and Rs. 2878.25 respectively. So far 18175 shares were traded on the counter.

The BSE group 'A' stock of face value Rs. 2 has touched a 52 week high of Rs. 3895.00 on 01-Nov-2017 and a 52 week low of Rs. 2695.15 on 05-Oct-2018.

Last one week high and low of the scrip stood at Rs. 2,992.00 and Rs. 2825.00 respectively. The current market cap of the company is Rs. 58801.04 crore.

The promoters holding in the company stood at 34.63%, while Institutions and Non-Institutions held 53.65% and 11.72% respectively.

The company has reported a marginal fall of 3.39% in its net profit at Rs 976.28 crore for second quarter ended September 30, 2018 as compared to Rs 1,010.49 crore for the same quarter in the previous year. However, total income from operations of the company increased by 9.72% at Rs 9,314.60 crore for Q2FY19 as compared Rs 8,489.34 crore for the corresponding quarter previous year.

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

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
View more..

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