Hero MotoCorp is currently trading at Rs. 1942.00, up by 20.95 points or 1.09% from its previous closing of Rs. 1921.05 on the BSE.
The scrip opened at Rs. 1922.00 and has touched a high and low of Rs. 1942.65 and Rs. 1921.95 respectively. So far 2,877 shares were traded on the counter.
The BSE group 'A' stock of face value Rs. 2 has touched a 52 week high of Rs. 2278.50 on 02-May-2012 and a 52 week low of Rs. 1702.65 on 09-Jan-2012.
Last one week high and low of the scrip stood at Rs. 1942.65 and Rs. 1860.00 respectively. The current market cap of the company is Rs. 38,779.00 crore.
The promoters holding in the company stood at 52.21% while Institutions and Non-Institutions held 39.15% and 8.64% respectively.
Hero MotoCorp (HMCL), India's largest two-wheeler maker, is considering an option to extend financing facilities to its retail customers through Hero FinCorp. For this the company will foray into the retail finance business so that it can provide dedicated easy loan options to its potential customers. This step taken by the company will address the financing gap which would now provide easy funding to customers for the purchase of our two-wheelers.
The company already operates a financing arm - Hero FinCorp (formerly Hero Honda FinLease) - which currently has limited operations and supports some of its component suppliers and dealers by financing their working capital expenditure.
Recently, the company had tied-up with Italian two-wheeler design firm Engines Engineering to bring in next-generation product line-up.
Company Name | CMP |
---|---|
Bajaj Auto | 9418.35 |
Hero MotoCorp | 5495.00 |
TVS Motor | 2344.00 |
Eicher Motors | 4707.75 |
Atul Auto | 586.20 |
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