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Hero MotoCorp is currently trading at Rs. 4603.00, up by 60.60 points or 1.33% from its previous closing of Rs. 4542.40 on the BSE.

The scrip opened at Rs. 4617.10 and has touched a high and low of Rs. 4617.10 and Rs. 4555.00 respectively. So far 7203 shares were traded on the counter.

The BSE group 'A' stock of face value Rs. 2 has touched a 52 week high of Rs. 4979.95 on 12-Feb-2024 and a 52 week low of Rs. 2470.60 on 02-May-2023.

Last one week high and low of the scrip stood at Rs. 4617.10 and Rs. 4370.00 respectively. The current market cap of the company is Rs. 91564.16 crore.

The promoters holding in the company stood at 34.76%, while Institutions and Non-Institutions held 56.69% and 8.55% respectively.

Hero MotoCorp has sold 533,585 units of motorcycles and scooters in April 2024. This translates into a robust 34.7% growth over the corresponding month (April 2023), when it had sold 3.96 lakh units and a sequential growth of 9% over the previous month’s (March 2024) sales of 490,415.

The volume growth in the month of April highlights the company’s sales trend, especially in the 125cc and 400+cc segments. The Xtreme 125R is witnessing a strong pull across the country and the company is swiftly ramping-up supplies to ensure smooth deliveries.

During the month, the company along with its authorized distributor CG Motors, inaugurated a product assembly facility in Nepal. The facility will have a capacity of 75,000 units per annum and will bring new investments and create job opportunities in the region. CG Motors will be rapidly expanding the sales and service network across Nepal to cater to the growing customer base. They have opened the flagship showroom in Kathmandu and will have over 100 sales and service outlets within the next three months.

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