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Hero MotoCorp strengthens on the buzz of foraying into Latin American market

29 Jan 2013 Evaluate

Hero MotoCorp is currently trading at Rs. 1810.75, up by 14.10 points or 0.78% from its previous closing of Rs. 1796.65 on the BSE.

The scrip opened at Rs. 1800.00 and has touched a high and low of Rs. 1814.85 and Rs. 1791.10 respectively. So far 5665 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. 1720.00 on 18-Jan-2013.

Last one week high and low of the scrip stood at Rs. 1814.85 and Rs. 1750.15 respectively. The current market cap of the company is Rs. 35874.86 crore.

The promoters holding in the company stood at 52.21% while Institutions and Non-Institutions held 39.09% and 8.70% respectively.

Hero MotoCorp, world's largest two-wheeler manufacturer has reportedly started its operations in three Latin American countries that are, El Salvador, Honduras and Guatemala in, with an aim to reach as many as 30 countries spread across the globe. Through this initiative, it aims to garner 10% of its total volumes from international business in five years. 

The automaker had dispatched the first consignment of two-wheelers to these three countries in Latin America just a few weeks ago, marking a beginning of Hero's ambitious global foray, which the company has been aiming for since separating from erstwhile partner Honda.  

Hero MotoCorp Share Price

5229.25 68.40 (1.33%)
17-Apr-2026 16:59 View Price Chart
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