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Hero MotoCorp gains on launching newly incorporated ‘Hero’ brand in Nepal

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

26 Sep 2012 Evaluate

Hero MotoCorp is currently trading at Rs. 1911.50, up by 17.95 points or 0.95% from its previous closing of Rs. 1893.55 on the BSE.

The scrip opened at Rs. 1882.10 and has touched a high and low of Rs. 1920.00 and Rs. 1871.00 respectively. So far 10856 shares were traded on the counter.

The BSE group 'A' stock of face value Rs. 2 has touched a 52 week high of Rs. 2278.50 on 02-May-2012 and a 52 week low of Rs. 1702.65 on 09-Jan-2012.

Last one week high and low of the scrip stood at Rs. 1949.90 and Rs. 1871.00 respectively. The current market cap of the company is Rs. 37984.56 crore.

The promoters holding in the company stood at 52.21% while Institutions and Non-Institutions held 39.15% and 8.64% respectively.

Hero MotoCorp (HMCL), India's largest two-wheeler maker, as part of its ongoing initiative to take brand ‘Hero’ across international markets, has launched its newly incorporated brand in Nepal by launching as many as 14 models in the Himalayan nation.

The company has appointed NGM as its distributor in Nepal to sell the products through a channel of 70 outlets while in the process of next one year another 30 new outlets will be added. The company earlier this month had forayed into the international market under its newly incorporated brand identity by launching its products in Sri Lanka.

Besides, in order to reach the stated objective of 10% of its total volumes from international business in the next five years the company also plans to commence its exports to new international markets in Africa and Latin America.

Hero MotoCorp Share Price

5275.00 45.75 (0.87%)

20-Apr-2026 10:36 View Price Chart

Peers

Company Name	CMP
Bajaj Auto	9810.15
Hero MotoCorp	5275.00
TVS Motor	3748.90
Eicher Motors	7195.00
Ather Energy	886.35
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Hero MotoCorp gains on launching newly incorporated ‘Hero’ brand in Nepal

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