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Hero MotoCorp Ltd stays supported

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Capital Market
Last Updated : Mar 10 2022 | 1:17 PM IST

Hero MotoCorp Ltd is quoting at Rs 2319, up 1.24% on the day as on 12:54 IST on the NSE. The stock is down 30.79% in last one year as compared to a 10.59% jump in NIFTY and a 3.2% jump in the Nifty Auto index.

Hero MotoCorp Ltd is up for a third straight session today. The stock is quoting at Rs 2319, up 1.24% on the day as on 12:54 IST on the NSE. The benchmark NIFTY is up around 1.7% on the day, quoting at 16623.05. The Sensex is at 55724.49, up 1.97%. Hero MotoCorp Ltd has slipped around 14.7% in last one month.

Meanwhile, Nifty Auto index of which Hero MotoCorp Ltd is a constituent, has slipped around 12.99% in last one month and is currently quoting at 9832.35, up 2.23% on the day. The volume in the stock stood at 4.55 lakh shares today, compared to the daily average of 9.64 lakh shares in last one month.

The benchmark March futures contract for the stock is quoting at Rs 2316.2, up 0.84% on the day. Hero MotoCorp Ltd is down 30.79% in last one year as compared to a 10.59% jump in NIFTY and a 3.2% jump in the Nifty Auto index.

The PE of the stock is 16.88 based on TTM earnings ending December 21.

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First Published: Mar 10 2022 | 1:05 PM IST

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