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Hero MotoCorp Ltd spurts 9.44%

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Capital Market

Hero MotoCorp Ltd is quoting at Rs 1993.55, up 9.44% on the day as on 12:54 IST on the NSE. The stock is down 23.16% in last one year as compared to a 21.67% fall in NIFTY and a 36.89% fall in the Nifty Auto index.

Hero MotoCorp Ltd rose for a third straight session today. The stock is quoting at Rs 1993.55, up 9.44% on the day as on 12:54 IST on the NSE. The benchmark NIFTY is up around 3.72% on the day, quoting at 9073.9. The Sensex is at 30954.85, up 3.55%. Hero MotoCorp Ltd has dropped around 2.09% in last one month.

 

Meanwhile, Nifty Auto index of which Hero MotoCorp Ltd is a constituent, has dropped around 16.94% in last one month and is currently quoting at 5043.6, up 8.17% on the day. The volume in the stock stood at 16.06 lakh shares today, compared to the daily average of 13.67 lakh shares in last one month.

The benchmark April futures contract for the stock is quoting at Rs 1992.4, up 9.33% on the day. Hero MotoCorp Ltd is down 23.16% in last one year as compared to a 21.67% fall in NIFTY and a 36.89% fall in the Nifty Auto index.

The PE of the stock is 11.01 based on TTM earnings ending December 19.

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First Published: Apr 09 2020 | 1:05 PM IST

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