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Hero MotoCorp is currently trading at Rs. 2682.95, up by 77.30 points or 2.97% from its previous closing of Rs. 2605.65 on the BSE.

The scrip opened at Rs. 2611.05 and has touched a high and low of Rs. 2689.00 and Rs. 2611.05 respectively. So far 7398 shares were traded on the counter.

The BSE group 'A' stock of face value Rs. 2 has touched a 52 week high of Rs. 2939.35 on 18-Aug-2022 and a 52 week low of Rs. 2246.75 on 28-Mar-2023.

Last one week high and low of the scrip stood at Rs. 2689.00 and Rs. 2565.00 respectively. The current market cap of the company is Rs. 52946.05 crore.

The promoters holding in the company stood at 34.77%, while Institutions and Non-Institutions held 54.87% and 10.36% respectively.

Hero MotoCorp is gearing up for highest ever model introductions this fiscal (FY24) as it looks to consolidate market share especially in the premium bike segment. The country's largest two-wheeler maker plans to introduce new bikes, including the first product under the Hero MotoCorp-Harley Davidson tie-up, during the ongoing financial year.

The company has leadership in the budget bike segment (100-110cc) and is looking to enhance presence in the 125 cc and also drive in models to bring in volumes and enhance profitability in the 160-cc and above space. The company is bullish on growth prospects this year with plans to further enhance its market share across segments.

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