Hero MotoCorp Ltd drops for fifth straight session

Capital Market 

Hero MotoCorp Ltd is quoting at Rs 2200.55, down 4.79% on the day as on 13:24 IST on the NSE. The stock tumbled 36.47% in last one year as compared to a 6.05% rally in NIFTY and a 9.95% fall in the Nifty Auto index.

Hero MotoCorp Ltd fell for a fifth straight session today. The stock is quoting at Rs 2200.55, down 4.79% on the day as on 13:24 IST on the NSE. The benchmark NIFTY is down around 2.36% on the day, quoting at 15861.35. The Sensex is at 52850.29, down 2.73%.Hero MotoCorp Ltd has eased around 17.64% in last one month.Meanwhile, Nifty Auto index of which Hero MotoCorp Ltd is a constituent, has eased around 17.22% in last one month and is currently quoting at 9896.65, down 4.4% on the day. The volume in the stock stood at 8.69 lakh shares today, compared to the daily average of 8.75 lakh shares in last one month.

The benchmark March futures contract for the stock is quoting at Rs 2203, down 4.64% on the day. Hero MotoCorp Ltd tumbled 36.47% in last one year as compared to a 6.05% rally in NIFTY and a 9.95% fall in the Nifty Auto index.

The PE of the stock is 17.05 based on TTM earnings ending December 21.

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(This story has not been edited by Business Standard staff and is auto-generated from a syndicated feed.)

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First Published: Mon, March 07 2022. 13:35 IST
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