Hero MotoCorp rose 2.18% to Rs 1,836 at 14:47 IST on BSE after two bulk deals aggregating 11.25 lakh shares were executed on BSE at Rs 1,800 per share at 13:14 IST.
One block deal was of 4 lakh shares while the other was of 7.25 lakh shares. The two block deals constitute 0.56% of Hero MotoCorp's equity.
Meanwhile, the S&P BSE Sensex was up 28.13 points or 0.15% at 19,192.15.
On BSE, 11.42 lakh shares were traded in the counter as against average daily volume of 24,808 shares in the past one quarter.
The stock hit a high of Rs 1,874.90 and a low of Rs 1,795 so far during the day. The stock had hit a 52-week low of Rs 1,434.05 on 15 April 2013. The stock had hit a 52-week high of Rs 1,989.45 on 6 August 2012.
The stock had outperformed the market over the past one month till 2 August 2013, surging 6.93% compared with the Sensex's 1.54% fall. The scrip had also outperformed the market in past one quarter, jumping 11.4% as against Sensex's 2.9% slide.
India's largest two-wheeler maker by sales has equity capital of Rs 39.94 crore. Face value per share is Rs 2.
Hero MotoCorp's net profit fell 10.9% to Rs 548.58 crore on 1.3% decline in net sales to Rs 6126.84 crore in Q1 June 2013 over Q1 June 2012.
Hero MotoCorp is the world's largest two-wheeler manufacturer in terms of production capacity.
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