Hero MotoCorp is currently trading at Rs. 2447.85, up by 35.95 points or 1.49% from its previous closing of Rs. 2411.90 on the BSE.
The scrip opened at Rs. 2480.00 and has touched a high and low of Rs. 2494.80 and Rs. 2440.80 respectively. So far 43185 shares were traded on the counter.
The BSE group 'A' stock of face value Rs. 2 has touched a 52 week high of Rs. 3021.15 on 23-Sep-2019 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. 2530.00 and Rs. 2347.55 respectively. The current market cap of the company is Rs. 49233.76 crore.
The promoters holding in the company stood at 34.63%, while Institutions and Non-Institutions held 54.85% and 10.52% respectively.
Hero Motocorp has reported a rise of 14.47% in its net profit at Rs 880.41 crore for the quarter ended December 31, 2019 as compared to Rs 769.10 crore for the same quarter in the previous year. However, total income of the company decreased by 10.85% at Rs 7178.94 crore for Q3FY20 as compared Rs 8,052.46 crore for the corresponding quarter previous year.
On the consolidated basis, the company has reported a rise of 16.32% in its net profit attributed to the equity holders at Rs 901.81 crore for the quarter ended December 31, 2019 as compared to Rs 775.26 crore for the same quarter in the previous year. However, total income of the company decreased by 10.69% at Rs 7,259.39 crore for Q3FY20 as compared Rs 8,128.16 crore for the corresponding quarter previous year.
