Hero Honda Motors touched an intraday high of Rs 1,545 and an intraday low of Rs 1,492. At 13:39 hrs the share was quoting at Rs 1,499, down Rs 33.80, or 2.21% on the NSE.
Hero Investments has proposed to buy Honda's stake in the company at Rs 739.97 per share on March 22, quoting DowJones, reports CNBC-TV18.
The proposed price is at a significant discount to the current market price of Rs 1499.
It was trading with volumes of 598,378 shares. In the previous trading session, the share closed down 0.26% or Rs 4 at Rs 1,532.80.
| Share Price Movement During The Last 12 Months | ||||
| Period | Price | Latest Price | Gain/Loss (Rs.) | % Gain/Loss |
| 3-Days | 1506.40 | 1502.25 | -4.15 | -0.28 |
| 5-Days | 1465.20 | 1502.25 | 37.05 | 2.53 |
| 7-Days | 1465.20 | 1502.25 | 37.05 | 2.53 |
| 15-Days | 1438.85 | 1502.25 | 63.40 | 4.41 |
| 1-Month | 1583.20 | 1502.25 | -80.95 | -5.11 |
| 3-Month | 1789.35 | 1502.25 | -287.10 | -16.04 |
| 6-Month | 1708.85 | 1502.25 | -206.60 | -12.09 |
| 9-Month | 1977.85 | 1502.25 | -475.60 | -24.05 |
| 1-Year | 1913.90 | 1502.25 | -411.65 | -21.51 |
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