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Hero MotoCorp inches up on the bourses

Hero MotoCorp Ltd. | Automobile Two & Three Wheelers | Automobiles | BSE: 500182 | NSE: HEROMOTOCO

23 May 2013 Evaluate

Hero MotoCorp is currently trading at Rs. 1651.90, up by 1.05 points or 0.06% from its previous closing of Rs. 1650.85 on the BSE.

The scrip opened at Rs. 1645.00 and has touched a high and low of Rs. 1659.00 and Rs. 1615.70 respectively. So far 14,000 shares were traded on the counter.

The BSE group 'A' stock of face value Rs. 2 has touched a 52 week high of Rs. 2149.95 on 29-Jun-2012 and a 52 week low of Rs. 1434.05 on 15-Apr-2013.

Last one week high and low of the scrip stood at Rs. 1715.00 and Rs. 1645.80 respectively. The current market cap of the company is Rs. 32,986 crore.

The promoters holding in the company stood at 52.21% while Institutions and Non-Institutions held 39.03% and 8.76% respectively.

Country’s largest two-wheeler maker-Hero MotoCorp, in partnership with Indy Motos Group, has launched range of two-wheelers in Guatemala City, El Salvador and Honduras, with the latter being appointed as authorized distributor of the company. The range of two-wheelers being launched in these markets includes Hunk, Karizma, Glamour, HF Dawn, Splendor NXG, Super Splendor and Achiever. Indy will be selling range of two wheelers through a network of outlets spread across these countries.

Further, the company will soon commence its operations in other new international markets in Latin and Central America and Africa, in order to achieve the target of 10% of its total volumes from international business in the next four to five years. However, the company registered a fall of 9.51% in its total sales at 4, 99,113 units for April this year, as against 5,51,557 units sold in same month previous year.

Hero MotoCorp is the World's single largest two-wheeler motorcycle company. Honda Motor Company of Japan and the Hero Group entered a joint venture to setup Hero Honda Motors Limited in 1984. Hero Honda Motors changed its name to Hero MotoCorp following the exit of its erstwhile Japanese promoter, Honda, from the company.

Hero MotoCorp Share Price

5229.25 68.40 (1.33%)

17-Apr-2026 16:59 View Price Chart

Peers

Company Name	CMP
Bajaj Auto	9777.15
Hero MotoCorp	5229.25
TVS Motor	3743.60
Eicher Motors	7189.40
Ather Energy	850.65
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Hero MotoCorp inches up on the bourses

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