Hero MotoCorp falls despite its Q1 consolidated net profit rises 47% to Rs 1,032 crore

14 Aug 2024 Evaluate

Hero MotoCorp is currently trading at Rs. 5062.90, down by 177.55 points or 3.39% from its previous closing of Rs. 5240.45 on the BSE.

The scrip opened at Rs. 5260.20 and has touched a high and low of Rs. 5288.00 and Rs. 4992.60 respectively. So far 54768 shares were traded on the counter.

The BSE group 'A' stock of face value Rs. 2 has touched a 52 week high of Rs. 5894.30 on 18-Jun-2024 and a 52 week low of Rs. 2889.40 on 25-Aug-2023.

Last one week high and low of the scrip stood at Rs. 5408.25 and Rs. 4992.60 respectively. The current market cap of the company is Rs. 100968.96 crore.

The promoters holding in the company stood at 34.76%, while Institutions and Non-Institutions held 56.75% and 8.49% respectively.

Hero MotoCorp has reported 36.12% rise in net profit at Rs 1122.63 crore for first quarter ended June 30, 2024 (Q1FY25) as compared to Rs 824.72 crore for the same quarter in the previous year. Total income of the company increased by 15.42% at Rs 10,375.44 crore for Q1FY25 as compared to Rs 8,989.44 crore for the corresponding quarter previous year.

On consolidated basis, the company has reported 47.34% rise in its net profit at Rs 1,032.21 crore for the quarter ended June 30, 2024 as compared to Rs 700.54 crore for the same quarter in the previous year. Total income of the company increased by 14.97% at Rs 10,435.60 crore for Q1FY25 as compared to Rs 9,076.55 crore for the corresponding quarter previous year.


Hero MotoCorp Share Price

4322.35 -17.50 (-0.40%)
23-Dec-2024 10:10 View Price Chart
Peers
Company Name CMP
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Hero MotoCorp 4322.35
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