HERO MOTOCORP Share Price Down by 5%; BSE AUTO Index Down 2.2%
February 26, 2021 03:06 PM

HERO MOTOCORP share price has plunged 5% and is presently trading at Rs 3,416.

Meanwhile, the BSE AUTO Index is at 23,576 (down 2.2%).

Among the top losers in the BSE AUTO Index today are HERO MOTOCORP (down 5.1%) and M&M (down 5.7%).

MARUTI SUZUKI is among the top gainer today.

Over the last one year, HERO MOTOCORP has moved up from Rs 2,184 to Rs 3,416, registering a gain of Rs 1,232 (up 56.4%)..

The BSE AUTO has moved up from 16,776 to 23,576, registering a gain of 6,800 points (up 40.5%) during the last 12 months.

The top buzzing stocks among the BSE AUTO Index stocks during this same period were TATA MOTORS (up 118.5%), MOTHERSON SUMI (up 87.9%) and M&M (up 57.9%).

What About the Benchmark Indices?

The BSE Sensex is at 50,400 (down 2.9%). The top gainers among the BSE Sensex stocks today are MARUTI SUZUKI . The most traded stocks in the BSE Sensex are MARUTI SUZUKI.

In the meantime, NSE Nifty is at 14,919 (down 3.6%).

Over the last 12 months, the BSE Sensex has moved up from 40,363 to 50,400, registering a gain of 10,037 points (up 22.73%).

HERO MOTOCORP Financial Update...

HERO MOTOCORP net profit stood at Rs 11 billion for the quarter ended December 2020, compared to a profit of Rs 9 billion a year ago. Net Sales rose 39.7% to Rs 97.8 billion during the period as against Rs 70.0 billion in October-December 2019.

For the year ended March 2020, HERO MOTOCORP reported 13.5% decrease in net profit to Rs 29.5 billion compared to net profit of Rs 34.1 billion during FY19.

Revenue of the company grew 13.9% to Rs 293 billion during FY20.

The current Price to earnings ratio of HERO MOTOCORP, based on rolling 12 month earnings, stands at 24.0x.