Hero MotoCorp gains on introducing three Euro-5 compliant products in Turkiye
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Hero MotoCorp is currently trading at Rs. 2518.05, up by 19.15 points or 0.77% from its previous closing of Rs. 2498.90 on the BSE.
The scrip opened at Rs. 2501.00 and has touched a high and low of Rs. 2522.10 and Rs. 2481.30 respectively. So far 3791 shares were traded on the counter.
The BSE group 'A' stock of face value Rs. 2 has touched a 52 week high of Rs. 2994.55 on 23-Jun-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. 2626.30 and Rs. 2435.00 respectively. The current market cap of the company is Rs. 50294.35 crore.
The promoters holding in the company stood at 34.75%, while Institutions and Non-Institutions held 53.46% and 11.79% respectively.
Hero MotoCorp has further strengthened its commitment and operations in Turkiye with the introduction of Euro-5 compliant variants of its three globally popular products. The Xpulse 200 is already a highly appreciated motorcycle in Turkiye, while Hero MotoCorp’s scooters are well known for their quality and assurance through the five-year warranty. The new Euro-5 range of products demonstrate the company’s continued commitment to provide modern design, latest technology, and distinct features to its valued customers in the market.
Aligned with its vision ‘Be the Future of Mobility’, the company continues to focus on providing future ready products and services to its customers in more than 40 countries across the globe. The Soysal Group, which is one of the most diversified and reputed business groups in the country, has been Hero MotoCorp’s exclusive distributor in Turkiye since 2014.
Hero MotoCorp is the world’s largest manufacturer of motorcycles and scooters.
