Hero MotoCorp Ltd dropped for a fifth straight session today. The stock is quoting at Rs 4557.1, down 3.54% on the day as on 12:59 IST on the NSE. The benchmark NIFTY is down around 0.94% on the day, quoting at 23659.1. The Sensex is at 78018.99, down 0.83%.Hero MotoCorp Ltd has lost around 17.97% in last one month.Meanwhile, Nifty Auto index of which Hero MotoCorp Ltd is a constituent, has eased around 14.07% in last one month and is currently quoting at 23269.1, down 2.27% on the day. The volume in the stock stood at 5.45 lakh shares today, compared to the daily average of 6.4 lakh shares in last one month.
The benchmark November futures contract for the stock is quoting at Rs 4573.45, down 3.11% on the day. Hero MotoCorp Ltd jumped 43.4% in last one year as compared to a 20.25% rally in NIFTY and a 36.59% spurt in the Nifty Auto index.
The PE of the stock is 22.12 based on TTM earnings ending June 24.