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Hero MotoCorp Ltd gains for fifth session

Capital Market 

Hero MotoCorp Ltd is quoting at Rs 2632.15, up 0.38% on the day as on 12:49 IST on the NSE. The stock is down 19.42% in last one year as compared to a 3.3% drop in NIFTY and a 35.58% drop in the Nifty Auto.

Hero MotoCorp Ltd is up for a fifth straight session in a row. The stock is quoting at Rs 2632.15, up 0.38% on the day as on 12:49 IST on the NSE. The benchmark NIFTY is down around 0.46% on the day, quoting at 11058.1. The Sensex is at 37385.04, down 0.52%. Hero MotoCorp Ltd has risen around 3.4% in last one month.

Meanwhile, Nifty Auto index of which Hero MotoCorp Ltd is a constituent, has risen around 9.32% in last one month and is currently quoting at 7137.4, down 2.5% on the day. The volume in the stock stood at 7.2 lakh shares today, compared to the daily average of 11.52 lakh shares in last one month.

The benchmark August futures contract for the stock is quoting at Rs 2629, down 0.14% on the day. Hero MotoCorp Ltd is down 19.42% in last one year as compared to a 3.3% drop in NIFTY and a 35.58% drop in the Nifty Auto index.

The PE of the stock is 16.15 based on TTM earnings ending June 19.

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(This story has not been edited by Business Standard staff and is auto-generated from a syndicated feed.)

First Published: Tue, August 13 2019. 13:00 IST
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