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Hero MotoCorp Ltd gains for fifth session

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Hero MotoCorp Ltd is quoting at Rs 2998.9, up 0.22% on the day as on 12:49 IST on the NSE. The stock is up 9.5% in last one year as compared to a 4.86% spurt in NIFTY and a 10.48% spurt in the Nifty Auto.

Hero MotoCorp Ltd is up for a fifth straight session in a row. The stock is quoting at Rs 2998.9, up 0.22% on the day as on 12:49 IST on the NSE. The benchmark NIFTY is up around 0.65% on the day, quoting at 11538.65. The Sensex is at 39127.52, up 0.7%. Hero MotoCorp Ltd has risen around 2.45% in last one month.

 

Meanwhile, Nifty Auto index of which Hero MotoCorp Ltd is a constituent, has risen around 2.54% in last one month and is currently quoting at 7956.8, up 1.37% on the day. The volume in the stock stood at 8.89 lakh shares today, compared to the daily average of 18.65 lakh shares in last one month.

The benchmark September futures contract for the stock is quoting at Rs 3016.45, up 0.82% on the day. Hero MotoCorp Ltd is up 9.5% in last one year as compared to a 4.86% spurt in NIFTY and a 10.48% spurt in the Nifty Auto index.

The PE of the stock is 24.05 based on TTM earnings ending June 20.

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First Published: Sep 14 2020 | 1:00 PM IST

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