Hero MotoCorp is currently trading at Rs. 2712.75, up by 28.65 points or 1.07% from its previous closing of Rs. 2684.10 on the BSE.
The scrip opened at Rs. 2703.00 and has touched a high and low of Rs. 2749.00 and Rs. 2684.00 respectively. So far 38258 shares were traded on the counter.
The BSE group 'A' stock of face value Rs. 2 has touched a 52 week high of Rs. 3628.55 on 18-Feb-2021 and a 52 week low of Rs. 2636.00 on 27-Aug-2021.
Last one week high and low of the scrip stood at Rs. 2749.00 and Rs. 2640.00 respectively. The current market cap of the company is Rs. 54154.22 crore.
The promoters holding in the company stood at 34.76%, while Institutions and Non-Institutions held 54.25% and 11.00% respectively.
Hero MotoCorp-backed Ather Energy has registered a 12-fold increase in sales in the month of October when compared to last year, riding on festive season demand. The company, which sells electric scooters 450X and 450 Plus, sold over 3,500 units in October 2021.
The company has been expanding its retail footprint across key cities in India and is now present in 19 cities with 22 experience centers and plans to expand to 42 cities with 50 experience centers by March 2022. It has also been setting up a public fast-charging infrastructure network - Ather Grid, for electric two-wheelers in India spread across over 22 cities and more than 220 locations. It will add 500 more locations by the end of FY22.
Hero MotoCorp is the world’s largest manufacturer of motorcycles and scooters.
