Hero MotoCorp Ltd gained for a third straight session today. The stock is quoting at Rs 2932, up 1.8% on the day as on 12:54 IST on the NSE. The benchmark NIFTY is down around 0.03% on the day, quoting at 11059. The Sensex is at 36962.89, down 0.03%. Hero MotoCorp Ltd has slipped around 1.29% in last one month.

Meanwhile, Nifty Auto index of which Hero MotoCorp Ltd is a constituent, has slipped around 1.77% in last one month and is currently quoting at 8567.4, up 1.58% on the day. The volume in the stock stood at 3.94 lakh shares today, compared to the daily average of 7.01 lakh shares in last one month.

The benchmark February futures contract for the stock is quoting at Rs 2885, up 1.77% on the day. Hero MotoCorp Ltd is down 18.15% in last one year as compared to a 4.56% jump in NIFTY and a 23.29% jump in the Nifty Auto index.

The PE of the stock is 15.85 based on TTM earnings ending December 18.

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Net profit of Hero MotoCorp declined 4.51% to Rs 769.10 crore in the quarter ended December 2018 as against Rs 805.43 crore during the previous quarter ended December 2017. Sales rose 7.53% to Rs 7864.82 crore in the quarter ended December 2018 as against Rs 7314.21 crore during the previous quarter ended December 2017.

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Hero MotoCorp announced that the Board of Directors of the Company at its meeting held on 31 January 2019, inter alia, have recommended the interim dividend of Rs 55 per equity Share (i.e. 2750%) , subject to the approval of the shareholders.

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Hero MotoCorp Ltd gained 2.03% today to trade at Rs 2665. The S&P BSE Auto index is up 1.05% to quote at 18687.97. The index is down 7.04 % over last one month. Among the other constituents of the index, Maruti Suzuki India Ltd increased 1.38% and Tata Motors Ltd added 1.32% on the day. The S&P BSE Auto index went down 28.45 % over last one year compared to the 1.28% surge in benchmark SENSEX.

Hero MotoCorp Ltd has lost 12.51% over last one month compared to 7.04% fall in S&P BSE Auto index and 1.32% rise in the SENSEX. On the BSE, 1955 shares were traded in the counter so far compared with average daily volumes of 31114 shares in the past one month. The stock hit a record high of Rs 3862 on 18 Apr 2018. The stock hit a 52-week low of Rs 2561.9 on 31 Jan 2019.

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