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Hero MotoCorp Ltd rises for third straight session

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Capital Market
Last Updated : May 24 2019 | 1:17 PM IST

Hero MotoCorp Ltd is quoting at Rs 2812, up 2.5% on the day as on 12:54 IST on the NSE. The stock is down 20.85% in last one year as compared to a 11.16% jump in NIFTY and a 22.7% jump in the Nifty Auto index.

Hero MotoCorp Ltd is up for a third straight session today. The stock is quoting at Rs 2812, up 2.5% on the day as on 12:54 IST on the NSE. The benchmark NIFTY is up around 1.13% on the day, quoting at 11789.1. The Sensex is at 39247.54, up 1.12%. Hero MotoCorp Ltd has gained around 7.65% in last one month.

Meanwhile, Nifty Auto index of which Hero MotoCorp Ltd is a constituent, has gained around 2.05% in last one month and is currently quoting at 8216.9, up 2.38% on the day. The volume in the stock stood at 4.68 lakh shares today, compared to the daily average of 6.32 lakh shares in last one month.

The benchmark May futures contract for the stock is quoting at Rs 2821.4, up 2.82% on the day. Hero MotoCorp Ltd is down 20.85% in last one year as compared to a 11.16% jump in NIFTY and a 22.7% jump in the Nifty Auto index.

The PE of the stock is 16.17 based on TTM earnings ending March 19.

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First Published: May 24 2019 | 1:06 PM IST

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