Hero MotoCorp is currently trading at Rs. 3137.70, up by 6.25 points or 0.20% from its previous closing of Rs. 3131.45 on the BSE.

Hero MotoCorp scrip opened at Rs. 3179.95 and has touched a high and low of Rs. 3179.95 and Rs. 3132.00 respectively. So far 34650 shares were traded on the counter.

The BSE group ‘A’ stock of face value Rs. 2 has touched a 52 week high of Rs. 3275.00 on 19-Oct-2023 and a 52 week low of Rs. 2246.75 on 28-Mar-2023.

Last one week high and low of the scrip stood at Rs. 3198.85 and Rs. 3026.00 respectively. The current Market cap of the company is Rs. 62947.46 crore.

Hero MotoCorp promoters holding in the company stood at 34.77%, while Institutions and Non-Institutions held 55.94% and 9.30% respectively.

Hero MotoCorp is planning to foray into the European market with its Electric Scooter range next year. The company plans to introduce the VIDA V1 electric scooter range in Spain, France and the UK by mid-2024. The company’s philosophy to have a clean, equitable and hospitable planet for future generations is enacted through its products, and services. The company is collaborating with credible partners in the UK, Spain, and France to start commercial operations in each of these markets by mid-2024.

The VIDA V1 will be the first product to enter multiple European markets, starting with Spain and France. Simultaneously, the company will also commence operations in the United Kingdom. In due course, it will also start to bring its premium range of ICE motorcycles and scooters to these countries.

The company also unveiled the VIDA V1 Pro for Europe and UK markets. The VIDA V1 is the company’s first e-scooter, launched under its emerging mobility brand VIDA. Hero MotoCorp had forayed into the electric segment under VIDA brand in October 2022. The company rolls out the electric scooter range from its Chittoor-based plant in Andhra Pradesh.