Hero MotoCorp surges on launching new edition of iconic motorcycle 'Splendor'
Hero MotoCorp is currently trading at Rs. 2572.00, up by 53.30 points or 2.12% from its previous closing of Rs. 2518.70 on the BSE.
The scrip opened at Rs. 2540.00 and has touched a high and low of Rs. 2584.00 and Rs. 2540.00 respectively. So far 3502 shares were traded on the counter.
The BSE group 'A' stock of face value Rs. 2 has touched a 52 week high of Rs. 3089.00 on 09-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. 2584.00 and Rs. 2443.60 respectively. The current market cap of the company is Rs. 50328.32 crore.
The promoters holding in the company stood at 34.75%, while Institutions and Non-Institutions held 53.46% and 11.79% respectively.
Reaffirming its commitment to an exciting and comprehensive product portfolio, Hero MotoCorp has launched the new edition of iconic motorcycle Splendor – the Splendor+ XTEC.
Progressive and innovative, offering everyday practicality, the new Hero Splendor+ ‘XTEC’ is packed with features such as Full Digital Meter with Bluetooth connectivity, Call & SMS alert, RTMI (Real Time Mileage Indicator), low fuel indicator, LED High Intensity Position Lamp (HIPL) and exclusive graphics. Additionally, it also comes with an Integrated USB Charger, Side-Stand Engine Cut-off and Hero’s revolutionary i3S Technology, (Idle Stop-Start System). Hero Splendor+ XTEC will be available at Hero MotoCorp dealerships at a starting price of Rs 72,900. The new Splendor+ XTEC comes with a 5-year warranty. (Ex-Showroom, Delhi).
Hero MotoCorp is the world’s largest manufacturer of motorcycles and scooters.