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Hero MotoCorp Ltd gains for third consecutive session

Capital Market 

Hero MotoCorp Ltd is quoting at Rs 2693, up 1.77% on the day as on 12:49 IST on the NSE. The stock is down 1.15% in last one year as compared to a 14.9% spurt in NIFTY and a 7.34% spurt in the Nifty Auto index.

Hero MotoCorp Ltd gained for a third straight session today. The stock is quoting at Rs 2693, up 1.77% on the day as on 12:49 IST on the NSE. The benchmark NIFTY is down around 0.03% on the day, quoting at 11658.85. The Sensex is at 39250.47, down 0.12%. Hero MotoCorp Ltd has slipped around 4.52% in last one month.

Meanwhile, Nifty Auto index of which Hero MotoCorp Ltd is a constituent, has slipped around 2.71% in last one month and is currently quoting at 7964.75, up 0.62% on the day. The volume in the stock stood at 4.91 lakh shares today, compared to the daily average of 9.11 lakh shares in last one month.

The benchmark October futures contract for the stock is quoting at Rs 2702, up 1.8% on the day. Hero MotoCorp Ltd is down 1.15% in last one year as compared to a 14.9% spurt in NIFTY and a 7.34% spurt in the Nifty Auto index.

The PE of the stock is 16.3 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, October 22 2019. 13:05 IST
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