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Hero MotoCorp slips ahead of results

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Capital Market

Hero MotoCorp fell 1.98% to Rs 1,598 at 12:06 IST on BSE ahead of Q4 and year ended 31 March 2013 results today, 26 April 2013.

Meanwhile, the BSE Sensex was down 94.51 points, or 0.49%, to 19,312.34.

On BSE, 15,839 shares were traded in the counter as against an average daily volume of 31,011 shares in the past one quarter.

The stock hit a high of Rs 1,614 and a low of Rs 1,576.80 so far during the day. The stock had hit 52-week low of Rs 1,434.05 on 15 April 2013. The stock had hit a record high of Rs 2,278.50 on 2 May 2012.

 

The stock had underperformed the market over the past one month till 25 April 2013, rising 0.24% compared with the Sensex's 3.88% rise. The scrip, however, underperformed the market in past one quarter, falling 8.17% as against Sensex's 3.47% fall.

The large-cap company has equity capital of Rs 39.94 crore. Face value per share is Rs 2.

Hero MotoCorp unveils Q4 and year ended 31 March 2013 results today, 26 April 2013. The company's net profit fell 20.4% to Rs 487.89 crore on 2.8% growth in net sales to Rs 6151.31 crore in Q3 December 2012 over Q3 December 2011.

Hero MotoCorp is the world's largest two-wheeler manufacturer in terms of production capacity.

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First Published: Apr 26 2013 | 12:14 PM IST

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