Hero MotoCorp tumbles despite reporting marginal rise in total sales in January
Hero MotoCorp is currently trading at Rs 4264.05, down by 138.85 points or 3.15% from its previous closing of Rs 4402.90 on the BSE.
The scrip opened at Rs 4439.80 and has touched a high and low of Rs 4439.80 and Rs 4258.00 respectively. So far 19644 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 on 24-Sep-2024 and a 52-week low of Rs 3999 on 13-Jan-2025.
Last one week high and low of the scrip stood at Rs 4520.95 and Rs 4000.20 respectively. The current market cap of the company is Rs 85240.80 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 sold 442,873 units of motorcycles and scooters in January 2025 as compared to 433,598 units in January 2024, i.e. up by 2.14%. In the domestic business the company sold 412,378 units in January 2025, while the company has exported 30,495 units during the same month.
During the month of January 2025, Hero MotoCorp launched five new products across multiple segments. Strengthening its presence in the premium motorcycle category, the company launched -the Xtreme 250R and Xpulse 210. The company also expanded its scooter portfolio with the launch of new Destini 125, Xoom 125 and Xoom 160 - a maxi scooter.
Hero MotoCorp is the world’s largest manufacturer of motorcycles and scooters.
