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Hero MotoCorp gains on reporting sales of 543,406 units in August

03 Sep 2019 Evaluate

The scrip is currently trading at Rs. 2591.85, up by 20.00 points or 0.78% from its previous closing of Rs. 2571.85 on the BSE.

The scrip opened at Rs. 2575.00 and has touched a high and low of Rs. 2617.00 and Rs. 2570.00 respectively. So far 18977 shares were traded on the counter.

The BSE group 'A' stock of face value Rs. 2 has touched a 52 week high of Rs. 3382.70 on 20-Dec-2018 and a 52 week low of Rs. 2228.25 on 31-Jul-2019.

Last one week high and low of the scrip stood at Rs. 2698.00 and Rs. 2520.00 respectively. The current market cap of the company is Rs. 51968.94 crore.

The promoters holding in the company stood at 34.63%, while Institutions and Non-Institutions held 53.80% and 11.57% respectively.

Hero MotoCorp has reported sales of 543,406 units of motorcycles and scooters in the month of August 2019. With this, the Company registered a growth of nearly 1.5% over July 2019, when it had sold 535,810 units of two-wheelers.

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.

Peers
Company Name CMP
Bajaj Auto 10955.00
TVS Motor Company 4103.85
Hero MotoCorp 5336.00
Eicher Motors 7214.95
OLA Electric Mobilit 36.69
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