The board of directors of Hero MotoCorp Ltd has approved the recommendation of final dividend @ 2,000% i.e. Rs. 40/- per share (face value of Rs. 2 per equity share), subject to approval of the members of the Company at the ensuing 41st Annual General Meeting. The payment of dividend / dispatch of dividend warrants will be completed within 30 days of declaration at the ensuing Annual General Meeting (AGM).
Shares of Hero MotoCorp Limited was last trading in BSE at Rs. 4624.35 as compared to the previous close of Rs. 4478.15. The total number of shares traded during the day was 48722 in over 6195 trades.
The stock hit an intraday high of Rs. 4661.25 and intraday low of 4415.00. The net turnover during the day was Rs. 222443949.00.