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Hero MotoCorp surges on showcasing 15 new products

11 Oct 2013 Evaluate

Hero MotoCorp is currently trading at Rs. 2067.95, up by 21.80 points or 1.07% from its previous closing of Rs. 2046.15 on the BSE.

The scrip opened at Rs. 2051.05 and has touched a high and low of Rs. 2074.40 and Rs. 2050.20 respectively. So far 6410 shares were traded on the counter.

The BSE group 'A' stock of face value Rs. 2 has touched a 52 week high of Rs. 2127.70 on 11-Sep-2013 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. 2091.00 and Rs. 2000.50 respectively. The current market cap of the company is Rs. 41313.35 crore.

The promoters holding in the company stood at 39.92% while Institutions and Non-Institutions held 39.15% and 20.93% respectively.

Hero MotoCorp has showcased 15 new products that will hit the market during the six months of the current fiscal. Of which, majority of the new offerings will hit the market in the ongoing October-December quarter as the company looks to cash in on the festive season in India. These unveiled products include refreshed top-end bike Karizma R, ZMR, Splendor I-Smart and new variant of scooter Pleasure.

The company is also planning to foray into Turkey and Egypt in the next few months, while it is also working on a low cost bike for the entry level segment. Last month, Hero MotoCorp had announced that it would introduce over 15 new offerings by March next year as it seeks to consolidate the leadership position.

Hero MotoCorp registered 15.78% rise in its total sales at 4,68,670 units for September 2013 as compared to 4,04,787 units sold in the same month previous year.

Hero MotoCorp Share Price

5271.25 42.00 (0.80%)
20-Apr-2026 10:38 View Price Chart
Peers
Company Name CMP
Bajaj Auto 9818.05
Hero MotoCorp 5271.25
TVS Motor 3749.05
Eicher Motors 7188.85
Ather Energy 885.55
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