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Hero MotoCorp Ltd slips for fifth straight session

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Capital Market
Last Updated : May 31 2019 | 1:50 PM IST

Hero MotoCorp Ltd is quoting at Rs 2674.95, down 1.48% on the day as on 13:24 IST on the NSE. The stock tumbled 26.23% in last one year as compared to a 11.05% rally in NIFTY and a 26.31% fall in the Nifty Auto index.

Hero MotoCorp Ltd dropped for a fifth straight session today. The stock is quoting at Rs 2674.95, down 1.48% on the day as on 13:24 IST on the NSE. The benchmark NIFTY is down around 0.56% on the day, quoting at 11878.65. The Sensex is at 39599.13, down 0.58%.Hero MotoCorp Ltd has added around 4.83% in last one month.Meanwhile, Nifty Auto index of which Hero MotoCorp Ltd is a constituent, has eased around 2.06% in last one month and is currently quoting at 8235.7, down 0.89% on the day. The volume in the stock stood at 4.92 lakh shares today, compared to the daily average of 5.67 lakh shares in last one month.

The benchmark June futures contract for the stock is quoting at Rs 2686, down 1.74% on the day. Hero MotoCorp Ltd tumbled 26.23% in last one year as compared to a 11.05% rally in NIFTY and a 26.31% fall in the Nifty Auto index.

The PE of the stock is 16.04 based on TTM earnings ending March 19.

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First Published: May 31 2019 | 1:35 PM IST

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