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Hero MotoCorp shines on surpassing 100 million cumulative production milestone

22 Jan 2021 Evaluate

Hero MotoCorp is currently trading at Rs. 3406.00, up by 160.25 points or 4.94% from its previous closing of Rs. 3245.75 on the BSE.

The scrip opened at Rs. 3279.95 and has touched a high and low of Rs. 3426.00 and Rs. 3265.50 respectively. So far 35689 shares were traded on the counter.

The BSE group 'A' stock of face value Rs. 2 has touched a 52 week high of Rs. 3,426.00 on 22-Jan-2021 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. 3426.00 and Rs. 3084.00 respectively. The current market cap of the company is Rs. 67341.66 crore.

The promoters holding in the company stood at 34.76%, while Institutions and Non-Institutions held 55.87% and 9.37% respectively.

Hero MotoCorp has surpassed the significant milestone of 100 Million (10 crore) units in cumulative production. The 100 millionth bike, the Xtreme 160R, was rolled-out of the Company’s manufacturing facility in Haridwar, in the northern Indian hill state of Uttarakhand.

Hero MotoCorp is the world’s largest manufacturer of motorcycles and scooters.

Peers
Company Name CMP
Bajaj Auto 11009.00
TVS Motor Company 4083.15
Hero MotoCorp 5385.00
Eicher Motors 7219.00
OLA Electric Mobilit 37.87
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