HERO MOTOCORP share price has zoomed 5% and is presently trading at Rs 1,727.
Meanwhile, the BSE AUTO Index is at 10,953 (up 3.4%).
Among the top Gainers in the BSE AUTO Index today are HERO MOTOCORP (up 5.2%) and MARUTI SUZUKI (up 5.6%).
CUMMINS INDIA (down 0.1%) and M&M (down 1.4%) are among the top losers today.
Over the last one year, HERO MOTOCORP has moved down from Rs 2,580 to Rs 1,727, registering a loss of Rs 854 (down 34.1%).
On the other hand, the BSE AUTO has moved down from 18,589 to 10,953, loss of 7,636 points (down 41.4%) during the last 12 months.
Revealed: 3 Stocks for Potentially Massive Gains
The BSE Sensex is at 27,463 (up 3.9%).
The top gainers among the BSE Sensex stocks today are BAJAJ FINANCE (up 12.3%), INFOSYS (up 8.6%) and HUL (up 7.6%). Other gainers include HCL TECHNOLOGIES (up 7.4%) and RELIANCE IND. (up 6.0%). The most traded stocks in the BSE Sensex are SBI and ONGC.
In the meantime, NSE Nifty is at 8,037 (up 3.9%). The top gainers in the NSE Nifty include BRITANNIA (up 12.8%), ADANI PORTS & SEZ (up 11.0%) and BAJAJ FINANCE (up 10.9%). Other gainers include INFOSYS (up 9.3%) and HCL TECHNOLOGIES (up 7.9%) are among the top gainers in NSE Nifty.
Over the last 12 months, the BSE Sensex has moved down from 37,809 to 27,463, registering a loss of 10,346 points (down 28.63%).
HERO MOTOCORP net profit stood at Rs 9 billion for the quarter ended December 2019, compared to a profit of Rs 8 billion a year ago. Net Sales declined 11.0% to Rs 70.0 billion during the period as against Rs 78.6 billion in October-December 2018.
For the year ended March 2019, HERO MOTOCORP reported 7.3% decrease in net profit to Rs 34.1 billion compared to net profit of Rs 36.7 billion during FY18.
Revenue of the company grew 2.6% to Rs 340 billion during FY19.
The current Price to earnings ratio of HERO MOTOCORP, based on rolling 12 month earnings, stands at 9.1x. p >
What else is happening in the markets today? Dig in...
Indian share markets witnessed most of the buying interest during closing hours today and ended on a strong note.
BSE Sensex is trading up by 167 points, while the NSE Nifty is trading up by 50 points.
Indian share markets open in green. The BSE Sensex opened up by 156 points, while the Nifty is trading higher by 52 points.
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