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Hero MotoCorp trades higher on the bourses

13 Feb 2014 Evaluate

Hero MotoCorp is currently trading at Rs. 1978.00, up by 3.20 points or 0.16% from its previous closing of Rs. 1974.80 on the BSE.

The scrip opened at Rs. 1980.00 and has touched a high and low of Rs. 1984.80 and Rs. 1959.00 respectively. So far 5574 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. 2020.15 and Rs. 1958.50 respectively. The current market cap of the company is Rs. 39558.09 crore.

The promoters holding in the company stood at 39.92%, while Institutions and Non-Institutions held 39.10% and 20.98% respectively.

Hero MotoCorp, the country’s largest two-wheeler maker has unveiled two new 100cc bikes -- Splendor Pro Classic and Passion TR. These two bikes are ready to be launched commercially in next two months. Moreover, the company has showcased a 620 cc super premium motorbike ‘Hastur’ and two concept bikes ‘SimplEcity’ and ‘iON’.

Recently, the company launched 150cc diesel concept motorcycle and four other models, including a hybrid scooter. Barring the 150cc diesel model ‘RNT’, the company plans to launch all other four models in the next financial year.

In January, the company reported yet another month of over five-and-half-lakh sales. Sustaining its growth momentum despite the challenging market conditions, it dispatched 561,253 units of two-wheelers in the month of January 2014. The company had sold 5, 57,797 units in the corresponding month last year.

Peers
Company Name CMP
Bajaj Auto 10980.25
TVS Motor Company 4090.00
Hero MotoCorp 5368.35
Eicher Motors 7205.00
OLA Electric Mobilit 37.89
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