Hero MotoCorp is currently trading at Rs. 3105.30, up by 122.30 points or 4.10% from its previous closing of Rs. 2983.00 on the BSE.
The scrip opened at Rs. 3040.00 and has touched a high and low of Rs. 3135.55 and Rs. 3033.75 respectively. So far 85708 shares were traded on the counter.
The BSE group 'A' stock of face value Rs. 2 has touched a 52 week high of Rs. 3393.85 on 16-Oct-2020 and a 52 week low of Rs. 1475.00 on 24-Mar-2020.
Last one week high and low of the scrip stood at Rs. 3158.00 and Rs. 2944.25 respectively. The current market cap of the company is Rs. 59590.68 crore.
The promoters holding in the company stood at 34.76%, while Institutions and Non-Institutions held 56.14% and 9.10% respectively.
Hero MotoCorp has sold more than 14 lakh units of motorcycles and scooters, in retail sales during the just concluded festive season, thereby continuing to gain market share and strengthen its leadership. Despite the severe disruptions on account of the Covid-19 this year, the good retail off-take during the 32-day festival period - spread between the first day of Navratra and the concluding day after Bhai Duj – was 98% of the festive season volumes sold by the company in the previous year (2019) and 103% compared to the same period in 2018. This has enabled the company to reduce the vehicle stocks at its dealerships to less than four weeks, the lowest ever post-festive inventory.
The company’s festival season retails were driven by the strong performance of its popular models across segments, including the 100cc Splendor+ and HF Deluxe, 125cc motorcycles Glamour and Super Splendor and the Xtreme 160R and the XPulse range in the premium segment. The Glamour in its BS-VI avatar continues to gain volumes in new markets. The festive season also witnessed strong customer preference for Destini and Pleasure scooters, resulting in high double-digit growth for the two models.
Hero MotoCorp is the world’s largest manufacturer of motorcycles and scooters.
| Company Name | CMP |
|---|---|
| Bajaj Auto | 10710.85 |
| Hero MotoCorp | 5321.50 |
| TVS Motor | 3692.45 |
| Eicher Motors | 7300.10 |
| Ather Energy | 915.00 |
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