Shares of Hero MotoCorp Ltd dropped by 4.95% on October 17, 2024, trading at ₹5,130.95, down ₹267.25 from the previous close of ₹5,398.20. The stock opened at ₹5,363.05, reached a high of ₹5,363.05, and fell to a low of ₹5,100.00 during early trading.
As a result of this decline, Hero MotoCorp’s market capitalization has lost approximately ₹5,080 crore, with the company’s total market cap now standing at ₹1,02,610.80 crore. The traded volume as of now is 7.76 lakh shares, with a traded value of ₹400.96 crore.
This dip comes amidst a broader market correction in the auto sector, with rising concerns over demand slowdown and pressure on margins, impacting sentiment around Hero MotoCorp and other major auto companies.
TOPICS:
Hero Motocorp