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Hero MotoCorp Ltd extends gains

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Capital Market

Hero MotoCorp Ltd is quoting at Rs 2722, up 1.13% on the day as on 12:49 IST on the NSE. The stock is down 13.96% in last one year as compared to a 2.96% fall in NIFTY and a 31.16% fall in the Nifty Auto.

Hero MotoCorp Ltd rose for a fifth straight session today. The stock is quoting at Rs 2722, up 1.13% on the day as on 12:49 IST on the NSE. The benchmark NIFTY is up around 0.27% on the day, quoting at 11033.25. The Sensex is at 37320.22, up 0.47%. Hero MotoCorp Ltd has added around 6.05% in last one month.

 

Meanwhile, Nifty Auto index of which Hero MotoCorp Ltd is a constituent, has added around 7.37% in last one month and is currently quoting at 7165.35, up 2.73% on the day. The volume in the stock stood at 4.86 lakh shares today, compared to the daily average of 11.98 lakh shares in last one month.

The benchmark September futures contract for the stock is quoting at Rs 2729, up 1.18% on the day. Hero MotoCorp Ltd is down 13.96% in last one year as compared to a 2.96% fall in NIFTY and a 31.16% fall in the Nifty Auto index.

The PE of the stock is 16.58 based on TTM earnings ending June 19.

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First Published: Sep 11 2019 | 1:01 PM IST

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