Hero MotoCorp is currently trading at Rs. 2094.45, up by 7.65 points or 0.37% from its previous closing of Rs. 2086.80 on the BSE.
The scrip opened at Rs. 2093.00 and has touched a high and low of Rs. 2106.00 and Rs. 2085.00 respectively. So far 7152 shares were traded on the counter.
The BSE group 'A' stock of face value Rs. 2 has touched a 52 week high of Rs. 2214.70 on 10-Dec-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. 2169.90 and Rs. 2080.85 respectively. The current market cap of the company is Rs. 41,823 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, the country’s largest two-wheeler maker has acquired 60% stake in its JV Company with Magneti Marelli. The company has subscribed to 17.49 lakh shares of face value Rs 10 in its joint venture ‘HMC MM Auto’.
The JV Company has been incorporated as a Joint Venture between Hero MotoCorp and Magneti Marelli S.p.A. The purpose of the Joint Venture is to, amongst others, sell, distribute and market complete two wheeler fuel injection systems or components parts thereof.
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 in 1984. Hero Honda Motors changed its name to Hero MotoCorp following the exit of its erstwhile Japanese promoter, Honda, from the company
Company Name | CMP |
---|---|
Bajaj Auto | 8938.60 |
Hero MotoCorp | 4543.05 |
TVS Motor | 2069.85 |
Eicher Motors | 4596.05 |
Atul Auto | 525.50 |
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