08-04-2022 11:55 AM | Source: Accord Fintech
Hero MotoCorp rides high on introducing `Wheels of Trust` in phygital avatar
News By Tags | #420 #39 #572

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Hero MotoCorp is currently trading at Rs. 2809.20, up by 9.50 points or 0.34% from its previous closing of Rs. 2799.70 on the BSE.

The scrip opened at Rs. 2802.10 and has touched a high and low of Rs. 2827.30 and Rs. 2798.00 respectively. So far 3742 shares were traded on the counter.

The BSE group 'A' stock of face value Rs. 2 has touched a 52 week high of Rs. 2952.60 on 17-Sep-2021 and a 52 week low of Rs. 2148.00 on 08-Mar-2022.

Last one week high and low of the scrip stood at Rs. 2907.90 and Rs. 2744.00 respectively. The current market cap of the company is Rs. 56126.06 crore.

The promoters holding in the company stood at 34.78%, while Institutions and Non-Institutions held 54.42% and 10.81% respectively.

Hero MotoCorp has introduced the company’s two-wheeler resale platform ‘Wheels of Trust’ in a phygital avatar, further strengthening its digital journey towards enhanced customer experiences. By offering an integrated omni-channel (digital and on-ground) exchange ecosystem, the company aims to strengthen its one-stop solution to exchange existing two-wheelers of any brand by providing the best resale value.

Offering the new-age experience, prospective customers can avail Wheels of Trust DIY (do-it-yourself) valuation from the comfort of their smartphones, which promises to deliver swift and transparent indicative resale value. The experts present at 900 plus trusted channel partners will then facilitate the customers with professional certification, spot-bidding for best market offers, quick deal and hassle-free exchange for their existing two-wheelers.

Hero MotoCorp is the world’s largest manufacturer of motorcycles and scooters.