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Hero MotoCorp Ltd gains for third consecutive session

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Capital Market

The stock is quoting at Rs 2928.9, up 1.28% on the day as on 12:49 IST on the NSE. Hero MotoCorp Ltd is down 20.62% in last one year as compared to a 4.6% spurt in NIFTY and a 18.64% spurt in the Nifty Auto index.

Hero MotoCorp Ltd gained for a third straight session today. The stock is quoting at Rs 2928.9, up 1.28% on the day as on 12:49 IST on the NSE. The benchmark NIFTY is up around 1.39% on the day, quoting at 10444.6. The Sensex is at 34712.52, up 1.2%. Hero MotoCorp Ltd has slipped around 8.02% in last one month.

 

Meanwhile, Nifty Auto index of which Hero MotoCorp Ltd is a constituent, has slipped around 16.52% in last one month and is currently quoting at 8732.9, up 2.11% on the day. The volume in the stock stood at 9.6 lakh shares today, compared to the daily average of 5.85 lakh shares in last one month.

The benchmark October futures contract for the stock is quoting at Rs 2935.5, up 1.79% on the day. Hero MotoCorp Ltd is down 20.62% in last one year as compared to a 4.6% spurt in NIFTY and a 18.64% spurt in the Nifty Auto index.

The PE of the stock is 15.59 based on TTM earnings ending June 18.

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First Published: Oct 10 2018 | 1:05 PM IST

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