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Hero MotoCorp Ltd in demand

Capital Market 

Hero MotoCorp Ltd is quoting at Rs 3277.45, up 2.49% on the day as on 12:49 IST on the NSE. The stock is up 38.48% in last one year as compared to a 17.86% gain in NIFTY and a 23.6% gain in the Nifty Auto index.

Hero MotoCorp Ltd rose for a third straight session today. The stock is quoting at Rs 3277.45, up 2.49% on the day as on 12:49 IST on the NSE. The benchmark NIFTY is up around 0.33% on the day, quoting at 14531.85. The Sensex is at 49357.56, up 0.18%. Hero MotoCorp Ltd has added around 5.26% in last one month.

Meanwhile, Nifty Auto index of which Hero MotoCorp Ltd is a constituent, has added around 11.95% in last one month and is currently quoting at 9995.6, up 1.84% on the day. The volume in the stock stood at 11.47 lakh shares today, compared to the daily average of 10.16 lakh shares in last one month.

The benchmark January futures contract for the stock is quoting at Rs 3277.9, up 2.22% on the day. Hero MotoCorp Ltd is up 38.48% in last one year as compared to a 17.86% gain in NIFTY and a 23.6% gain in the Nifty Auto index.

The PE of the stock is 25.39 based on TTM earnings ending September 20.

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

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First Published: Tue, January 12 2021. 13:05 IST
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