Hero MotoCorp moves up on reporting marginal rise in Q3 consolidated net profit
Hero MotoCorp is currently trading at Rs. 4265.85, up by 35.30 points or 0.83% from its previous closing of Rs. 4230.55 on the BSE.
The scrip opened at Rs. 4338.80 and has touched a high and low of Rs. 4340.00 and Rs. 4245.00 respectively. So far 10218 shares were traded on the counter.
The BSE group 'A' stock of face value Rs. 2 has touched a 52 week high of Rs. 6245.00 on 24-Sep-2024 and a 52 week low of Rs. 3999.00 on 13-Jan-2025.
Last one week high and low of the scrip stood at Rs. 4520.95 and Rs. 4212.05 respectively. The current market cap of the company is Rs. 85304.62 crore.
The promoters holding in the company stood at 34.74%, while Institutions and Non-Institutions held 55.68% and 9.58% respectively.
Hero MotoCorp has reported 12.06% rise in its net profit at Rs 1202.84 crore for Q3FY25 as compared to Rs 1073.38 crore for the same quarter in the previous year. Total income of the company increased by 5.64% at Rs 10528.29 crore for Q3FY25 as compared to Rs 9965.77 crore for the corresponding quarter previous year.
On consolidated basis, the company has reported marginal rise of 1.58% in its net profit at Rs 1108.38 crore for the quarter ended December 31, 2024 as compared to Rs 1091.12 crore for the same quarter in the previous year. Total income of the company increased by 5.33% at Rs 10566.31 crore for Q3FY25 as compared to Rs 10031.43 crore for the corresponding quarter previous year.
