Hero MotoCorp rises on launching new Xtreme 160R 4V
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Hero MotoCorp is currently trading at Rs. 2948.40, up by 18.20 points or 0.62% from its previous closing of Rs. 2930.20 on the BSE.
The scrip opened at Rs. 2931.05 and has touched a high and low of Rs. 2960.90 and Rs. 2931.05 respectively. So far 3487 shares were traded on the counter.
The BSE group 'A' stock of face value Rs. 2 has touched a 52 week high of Rs. 3025.50 on 08-Jun-2023 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. 3024.00 and Rs. 2878.35 respectively. The current market cap of the company is Rs. 58891.34 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 has launched the new Xtreme 160R 4V. Further augmenting Hero MotoCorp’s presence in the premium motorcycle category, the Xtreme 160R 4V adds a thrilling new chapter in the successful journey of the highly popular brand, Xtreme. With this, the company is charged-up to grow its appeal among the youth across the world with its redefined X-range of premium motorcycles.
Unveiled at Hero MotoCorp’s state-of-the-art R&D facility, the Centre of Innovation and Technology (CIT) in Jaipur, the Xtreme 160R 4V offers an unparalleled package of performance, masculine stance, smart & connected features and sharper control.
The new Xtreme 160R will be available in three variants of Standard, Connected 2.0, and Pro variant with Upside Down forks at Hero MotoCorp showrooms across the country at attractive price points of Rs 127,300 (Standard), Rs 132,800 (Connected 2.0) and Rs 136,500 (Pro) respectively.
Hero MotoCorp is the world’s largest manufacturer of motorcycles and scooters.
