Hero MotoCorp shares rally 3% on acquiring 32.5% stake in Euler Motors for ₹525 crore to enter electric 3-W segment
5 days ago

Hero MotoCorp shares rally 3% on acquiring 32.5% stake in Euler Motors for ₹525 crore to enter electric 3-W segment

Live Mint  

Hero MotoCorp share price gained over 3% on Friday after the auto major announced strategic investment into the electric three-wheeler category. The world’s largest manufacturer of motorcycles and scooters, Hero MotoCorp will acquire a 32.5% stake in electric three and four-wheeler vehicles maker Euler Motors for ₹525 crore. “The primary investment would be made by Hero MotoCorp Ltd in Equity Shares and Series D Compulsory Convertible Preference Shares; pursuant to which HMCL’s stake would be approximately 32.5% on a fully diluted basis. Additionally, within the aforementioned amount, HMCL may acquire shares from existing shareholders of Euler by way of secondary sale,” Hero MotoCorp added.

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History of this topic

Hero MotoCorp enters electric three-wheeler market, to invest Rs 525 crore in Euler Motors
5 days, 6 hours ago

Hero MotoCorp enters electric three-wheeler market, to invest Rs 525 crore in Euler Motors

India Today  

Hero MotoCorp has announced its foray into the electric three-wheeler segment by acquiring a significant stake in Euler Motors. The investment is part of Hero MotoCorp’s broader vision to "Be the Future of Mobility" and aligns with its strategy to expand in the evolving electric vehicle market. “This investment allows Hero MotoCorp to strengthen its presence in the rapidly growing …

Hero MotoCorp sees mass exits, key senior executives step down: Report
1 week ago

Hero MotoCorp sees mass exits, key senior executives step down: Report

India Today  

Hero MotoCorp, India’s largest two-wheeler maker by volume, is facing a wave of senior-level resignations, reported The Economic Times. Among them are: Reema Jain Chief Information and Digital Officer, and member of the executive management team Sameer Pander HR Head for Talent Management Swadesh Srivastava Chief Business Officer, Emerging Mobility, and Chair of the Innovation Council Dharm Rakshit Head of …

Ather Energy IPO: Hero Moto-backed EV maker said to move closer to $400 million India IPO
2 weeks ago

Ather Energy IPO: Hero Moto-backed EV maker said to move closer to $400 million India IPO

Live Mint  

Ather Energy Pvt., an Indian electric-scooter maker backed by Hero MotoCorp Ltd., is moving forward with plans for a Mumbai initial public offering that could raise about $400 million, people with knowledge of the matter said. It could seek a pre-money valuation of around $1.2 billion, or about $1.6 billion after taking into account the IPO proceeds, the people said. …

Hero Motocorp Q3 results: Net profit rises 12% to ₹1,203 crore, revenue up 5%, announces interim dividend of ₹100
1 month, 2 weeks ago

Hero Motocorp Q3 results: Net profit rises 12% to ₹1,203 crore, revenue up 5%, announces interim dividend of ₹100

Live Mint  

Two-wheeler manufacturer Hero MotoCorp, on Thursday, reported a 12% year-on-year increase in its standalone net profit for the December quarter, reaching ₹1,203 crore compared to ₹1,073 crore in the same period last year. Additionally, the company declared an interim dividend of ₹100 per equity share for the financial year 2024-25. Hero Motocorp's investment plans Additionally, Hero MotoCorp's board has approved …

Stocks to buy after budget: Hero MotoCorp to Dabur India — experts pick these 5 shares after rise in income tax limit
1 month, 3 weeks ago

Stocks to buy after budget: Hero MotoCorp to Dabur India — experts pick these 5 shares after rise in income tax limit

Live Mint  

Stocks to buy after budget 2025: After the rise in income tax limit to ₹12 lakh in the new income tax regime, stock market experts expect auto, FMCG and consumer durable stocks to come under the radar of Dalal Street bulls. They said that a rise in the income tax limit from ₹7 lakh to ₹12 lakh would leave more …

Hero MotoCorp share price falls over 3% after December sales drop 17.5%
2 months, 3 weeks ago

Hero MotoCorp share price falls over 3% after December sales drop 17.5%

Live Mint  

Hero MotoCorp share price dropped over 3% in early trade on Friday after the company reported a sharp fall in December sales. Hero MotoCorp, the largest two-wheeler manufacturer in the world, reported a 17.5% fall in its December 2024 sales at 324,906 units as against 393,952 units in the same month a year-ago. We believe an improvement in the broader …

Stocks to watch today: Zee, DMart, IRFC, ITC, Bharti Airtel, Hero MotoCorp
2 months, 3 weeks ago

Stocks to watch today: Zee, DMart, IRFC, ITC, Bharti Airtel, Hero MotoCorp

India Today  

Stock markets saw a strong session on Thursday, with benchmark indices Sensex and Nifty rallying nearly 2%. Auto stocks led the surge, buoyed by positive December sales data, while IT stocks rose on favourable brokerage predictions ahead of the Q3 earnings season. As markets open today, several companies such as Zee, DMart, IRFC, ITC, Bharti Airtel, Hero MotoCorp are expected …

Hero MotoCorp vs TVS Motor: Which auto stock should you buy at this juncture? Experts weigh in
3 months, 2 weeks ago

Hero MotoCorp vs TVS Motor: Which auto stock should you buy at this juncture? Experts weigh in

Live Mint  

Hero MotoCorp vs TVS Motor: November 2024 auto sales remained steady, despite the challenge of a high festive base this year, as the entire festive season occurred in October compared to being spread across these two months in 2023. In contrast, Hero MotoCorp faced a dip in dispatches due to ongoing inventory correction, though underlying festive retail sales remained healthy, …

M&M vs Hero MotoCorp: Which auto stock should you bet on for long-term? Here’s a 5-point analysis
3 months, 3 weeks ago

M&M vs Hero MotoCorp: Which auto stock should you bet on for long-term? Here’s a 5-point analysis

Live Mint  

M&M vs Hero MotoCorp: Leading Indian auto majors Mahindra & Mahindra and Hero MotoCorp have received fresh reviews and upgrades from domestic brokerages after the conclusion of the July-September quarter results for fiscal 2024-25. Auto Sector Q2 Review The brokerage said that the aggregate revenue of auto OEMs under its coverage universe was up two per cent in Q2FY25, driven …

Hero Motor Co Share Price Today on 28-11-2024: Hero Motor Co share price are down by -0.7%, Nifty down by -0.78%
3 months, 3 weeks ago

Hero Motor Co Share Price Today on 28-11-2024: Hero Motor Co share price are down by -0.7%, Nifty down by -0.78%

Live Mint  

Hero Motor Co Share Price Today on 28-11-2024: At 28 Nov 11:11 today, Hero Motor Co shares are trading at price ₹4840, -0.7% down from the previous closing price. On the technical front, the stock is trading above the 5,10,20 days SMA & lower than the 50,100,300 day SMA. The stock will have support at 5,10,20 days SMA & face …

Ola Electric shares continue positive rally, rise above Rs 90. Time to buy?
3 months, 3 weeks ago

Ola Electric shares continue positive rally, rise above Rs 90. Time to buy?

India Today  

Ola Electric Mobility Ltd extended its rally on Thursday, with shares rising over 6% to hit a high of Rs 93.60 in early trade. The brokerage had initiated coverage with a 'Buy' rating, citing Ola Electric’s dominance in the Indian electric two-wheeler market and its long-term growth potential. Citi highlighted Ola Electric’s leadership position with a 38% market share in …

Hero Motor Co Share Price Today on 27-11-2024: Hero Motor Co share price are up by 0.44%, Nifty down by -0.08%
3 months, 3 weeks ago

Hero Motor Co Share Price Today on 27-11-2024: Hero Motor Co share price are up by 0.44%, Nifty down by -0.08%

Live Mint  

Hero Motor Co Share Price Today on 27-11-2024: At 27 Nov 11:09 today, Hero Motor Co shares are trading at price ₹4860.2, 0.44% up from the previous closing price. On the technical front, the stock is trading above the 5,10,20 days SMA & lower than the 50,100,300 day SMA. The stock will have support at 5,10,20 days SMA & face …

Hero Motor Co Share Price Today on 26-11-2024: Hero Motor Co share price are down by -0.02%, Nifty down by -0.01%
4 months ago

Hero Motor Co Share Price Today on 26-11-2024: Hero Motor Co share price are down by -0.02%, Nifty down by -0.01%

Live Mint  

Hero Motor Co Share Price Today on 26-11-2024: At 26 Nov 11:26 today, Hero Motor Co shares are trading at price ₹4860, -0.02% down from the previous closing price. On the technical front, the stock is trading above the 5,10,20 days SMA & lower than the 50,100,300 day SMA. The stock will have support at 5,10,20 days SMA & face …

Hero Motor Co Share Price Today on 25-11-2024: Hero Motor Co share price are up by 1.49%, Nifty up by 1.69%
Trending News
4 months ago

Hero Motor Co Share Price Today on 25-11-2024: Hero Motor Co share price are up by 1.49%, Nifty up by 1.69%

Live Mint  

Hero Motor Co Share Price Today on 25-11-2024: At 25 Nov 11:13 today, Hero Motor Co shares are trading at price ₹4862.55, 1.49% up from the previous closing price. On the technical front, the stock is trading above the 5,10,20 days SMA & lower than the 50,100,300 day SMA. The stock will have support at 5,10,20 days SMA & face …

Hero MotoCorp vs Bajaj Auto: Which two-wheeler auto stock to buy after Q2 results?
4 months, 1 week ago

Hero MotoCorp vs Bajaj Auto: Which two-wheeler auto stock to buy after Q2 results?

Live Mint  

Hero MotoCorp share price jumped over 5% on Monday after the two-wheeler major reported Q2 results that were largely in-line with Street estimates. Comparing Hero MotoCorp with Bajaj Auto, here’s a look at what analysts prefer: Hero MotoCorp vs Bajaj Auto: Which auto stock to buy? Analysts favor Hero MotoCorp shares over Bajaj Auto, citing the company's potential to capitalize …

Hero MotoCorp’s ride may be easy
4 months, 1 week ago

Hero MotoCorp’s ride may be easy

Live Mint  

Hero MotoCorp Ltd’s shares are down 26% from its 52-week high of ₹6,246.25 per share on 24 September. Hero’s electric scooter brand Vida continues to be loss making at Ebitda level. Still, Hero’s overall Ebitda margin at 14.5% has expanded 42 basis points year-on-year and 9 bps sequentially. Meanwhile, the management allayed concerns regarding the growth being driven by higher …

RIL, Ola Electric, Adani Green, Hero Motocorp: Stocks to watch today
4 months, 1 week ago

RIL, Ola Electric, Adani Green, Hero Motocorp: Stocks to watch today

India Today  

The stock markets experienced a challenging week as foreign investors continued to withdraw funds. Several key stocks, including Hero MotoCorp, Grasim Industries, Adani Green Energy, and Ola Electric, are expected to remain in focus due to second-quarter earnings reports and other updates. HERO MOTOCORP India’s largest two-wheeler manufacturer, Hero MotoCorp, reported a 14% growth in standalone net profit, which stood …

Hero Motocorp Q2 Results 2024 on 15 Nov, 2024: profit rise by 5.7% YOY, profit at ₹1063.71 crore and revenue at ₹10482.93 crore
Trending News
4 months, 1 week ago

Hero Motocorp Q2 Results 2024 on 15 Nov, 2024: profit rise by 5.7% YOY, profit at ₹1063.71 crore and revenue at ₹10482.93 crore

Live Mint  

Hero Motocorp Q2 Results 2024:Hero Motocorp declared its Q2 results for the fiscal year 2024 on November 14, 2024, reporting a year-over-year profit increase of 5.7%. The company's profit stood at ₹1063.71 crore, while revenue reached ₹10482.93 crore, marking a 9.96% rise compared to the same quarter last year. In comparison to the previous quarter, Hero Motocorp saw a revenue …

Hero MotoCorp Q2 Results: Net profit rises 6% to ₹1,066 crore, revenue up 9.9%
4 months, 1 week ago

Hero MotoCorp Q2 Results: Net profit rises 6% to ₹1,066 crore, revenue up 9.9%

Live Mint  

Hero MotoCorp Q2 Results: Hero MotoCrop Limited announced its July to September quarter results on Thursday, November 14. The company recorded a 6 per cent hike in net profits to ₹1,066 crore in the second quarter of the financial year 2024-25, compared to ₹1,007 crore in the same quarter the previous year in the consolidated statements, according to the company's …

Hero Motocorp Q1 Results Live : profit rise by 47.29% YOY
7 months, 1 week ago

Hero Motocorp Q1 Results Live : profit rise by 47.29% YOY

Live Mint  

Hero Motocorp Q1 Results Live : Hero Motocorp Q1 Results Live: Hero Motocorp declared their Q1 results on 13 Aug, 2024, showcasing impressive growth across multiple financial metrics. As of 14 Aug, 2024, out of 37 analysts covering Hero Motocorp, 2 analysts have given a Strong Sell rating, 6 analysts have given a Sell rating, 5 analysts have given a …

Stocks to Watch: APSEZ, Maruti, Hero Moto, Eicher, REC, Puravankara
9 months, 3 weeks ago

Stocks to Watch: APSEZ, Maruti, Hero Moto, Eicher, REC, Puravankara

Live Mint  

Adani Ports and Special Economic Zone: Adani International Ports Holdings Pte Ltd, a subsidiary of Adani Ports and Special Economic Zone Ltd, has signed a 30-year concession agreement with the Tanzania Ports Authority to operate and manage Container Terminal 2 at the Dar es Salaam Port in Tanzania. Maruti Suzuki India: The company's total sales dipped by 2% to 1.74 …

Hero FinCorp approves ₹4,000 crore IPO: What we know about the issue
9 months, 3 weeks ago

Hero FinCorp approves ₹4,000 crore IPO: What we know about the issue

Hindustan Times  

Hero FinCorp Ltd - subsidiary of Hero MotoCorp Ltd- said its board of directors approved a ₹4,000 crore Initial Public Offering of equity shares with a face value of ₹10 each. Hero FinCorp said, “This is to inform you that the Board of Directors of the Company in their meeting held on May 29, 2024, has considered and approved the …

Hero MotoCorp to hike prices of selective motorcycles, scooters from this date. Check price hike on models
1 year, 5 months ago

Hero MotoCorp to hike prices of selective motorcycles, scooters from this date. Check price hike on models

India TV News  

Hero MotoCorp on Friday declared that it will increase prices of selective motorcycles and scooters by around 1 per cent from October 3. Hero MotoCorp approves Rs 550 crore investment in Ather Energy: Earlier in the month, Hero MotoCorp said it will invest an additional Rs 550 crore in Ather Energy. The company's board, at its meeting held on September …

With margins back to pre-covid level, Hero MotoCorp targets enhanced market share, business growth
1 year, 7 months ago

With margins back to pre-covid level, Hero MotoCorp targets enhanced market share, business growth

The Hindu  

With its margins back to pre-Covid levels, Hero MotoCorp is now looking at sustainable growth, enhancing market share across segments on the back of new product launches over the next few quarters, according to a top company executive. Effectively, it means that we are back to pre-Covid levels which were around 14%," Hero MotoCorp CEO Niranjan Gupta said in an …

Hero Moto Corp Q1 Results: Net profit rises 32% at ₹825 crore
1 year, 7 months ago

Hero Moto Corp Q1 Results: Net profit rises 32% at ₹825 crore

Live Mint  

Hero Moto Corp on 10 August released the financial results of the June quarter of FY24 and reported a profit of 32 percent at ₹825 crore in Q1 of FY24. In the corresponding period of the previous year, Hero Moto Corp had reported ₹624.5 crore in Q1FY23, it said in a stock regulatory filing. On a YoY basis, the company's …

Stocks to Watch: Maruti, Ambuja Cements, Adani Total, Hero MotoCorp, ONGC
1 year, 7 months ago

Stocks to Watch: Maruti, Ambuja Cements, Adani Total, Hero MotoCorp, ONGC

Live Mint  

Here are the top 10 stocks that could be in focus in today's trade: Maruti Suzuki: Maruti Suzuki India reported single-digit sales growth in July with the sports utility segment continuing to drive overall demand in the market. Maruti Suzuki on Tuesday said its total domestic passenger vehicle sales stood at 1,52,126 units last month as compared to 1,42,850 units …

Hero MotoCorp reports 12% decline in July sales, domestic market hit by inclement weather
1 year, 7 months ago

Hero MotoCorp reports 12% decline in July sales, domestic market hit by inclement weather

Hindustan Times  

Hero MotoCorp on Tuesday reported a 12 per cent decline in total sales at 3,91,310 units in July. The company had sold 4,45,580 units in the year-ago period, Hero MotoCorp said in a statement. The numbers are reflective of the inclement weather conditions in July, including unprecedented rains and floods in certain parts of the country, the company said. New …

Bajaj Auto or Hero MotoCorp? Which stock to prefer after new premium launches
1 year, 8 months ago

Bajaj Auto or Hero MotoCorp? Which stock to prefer after new premium launches

Live Mint  

Shares of two-wheeler manufacturers Bajaj Auto and Hero MotoCorp are trading at their respective 52-week high levels after a rally fuelled by the recent launches in the premium motorcycle segment. Analysts believe the new launches will help Hero MotoCorp and Bajaj Auto gain substantial share in the premium market which is largely dominated by Royal Enfield. The global brokerage house …

Hero MotoCorp shares zoom to 52-week high riding Harley Davidson X440 launch
1 year, 8 months ago

Hero MotoCorp shares zoom to 52-week high riding Harley Davidson X440 launch

Live Mint  

Hero MotoCorp share price witnessed a sharp rally driven by the launch of X440 in India, a premium motorcycle co-developed by the world’s largest two-wheeler manufacturer and iconic American brand Harley-Davidson. The X440, which marks Hero MotoCorp and Harley-Davidson’s foray into the 440cc segment for the first time in India, is expected to drive market share gains of the Indian …

Hero MotoCorp in fast lane as Harley partnership hits high gear
1 year, 8 months ago

Hero MotoCorp in fast lane as Harley partnership hits high gear

Live Mint  

Shares of Indian motorcycle major Hero MotoCorp Ltd accelerated 3% on the National Stock Exchange in Tuesday's trade, fueled by the company's foray into the premium bike segment. “We await the India launch of Bajaj-Triumph bikes on 5 July, but the pricing of Harley may make Triumph also consider aggressive pricing," said the Nomura report. While it may take time …

Hero MotoCorp Plans to Expand its Electric Two-Wheeler Range
1 year, 9 months ago

Hero MotoCorp Plans to Expand its Electric Two-Wheeler Range

News 18  

VidaHero MotoCorp is gearing up to expand its electric two-wheeler range while upgrading its existing sales infrastructure to enhance premium play as part of its future growth plans, according to its newly appointed CEO Niranjan Gupta. Outlining the company’s three priorities in the mid-term, he noted that it would focus on bolstering its presence in the premium segment, expanding the …

Hero MotoCorp shares surge sharply today. Check what's driving the rally
1 year, 9 months ago

Hero MotoCorp shares surge sharply today. Check what's driving the rally

India Today  

Shares of Hero MotoCorp Limited gained over 3 per cent on Friday, providing a boost to the overall Nifty Auto index. At 12:45 pm, shares of the company were trading 3.17 per cent higher at Rs 2,889 apiece, emerging as the top gainer on the Nifty Auto index. Its total sales stood at 519,474 units in May 2023, marking a …

Hero MotoCorp to introduce highest-ever number of products in 2023: CEO
1 year, 10 months ago

Hero MotoCorp to introduce highest-ever number of products in 2023: CEO

Live Mint  

Hero MotoCorp CEO Niranjan Gupta said the company is gearing up for highest ever model introductions this fiscal as it looks to consolidate market share especially in the premium bike segment. Probably this fiscal, we'll see the maximum number of launches ever seen in the company's history," Gupta said in an analyst call. As per a report by PTI, the …

Hero MotoCorp to expand e-bike range in 12-18 months
2 years, 1 month ago

Hero MotoCorp to expand e-bike range in 12-18 months

Hindustan Times  

The country's largest two-wheeler maker Hero MotoCorp plans to expand its electric two-wheeler range over the next 18-24 months as it looks to cater to demand across multiple customer segments, according to a senior company official. The company, which has already commenced sales of its electric scooter under Vida brand across Delhi, Bengaluru and Jaipur, plans to introduce the existing …

Stocks to Watch: Airtel, Adani Ports, Hero MotoCorp, ONGC, Vodafone Idea
2 years, 1 month ago

Stocks to Watch: Airtel, Adani Ports, Hero MotoCorp, ONGC, Vodafone Idea

Live Mint  

Here are the top 10 stocks that could be in focus in today's trade: Bharti Airtel: Bharti Airtel’s consolidated net profit missed estimates even as it rose 91% to ₹1,588.2 crore for the quarter ended December 2022 from ₹829.6 crore the same quarter last year, but down by 26% from September quarter’s profits of ₹2,145 crore, on the account of …

Hero Motocorp Q3 profit rises 4% YoY; co declares interim dividend of 3,250%
2 years, 1 month ago

Hero Motocorp Q3 profit rises 4% YoY; co declares interim dividend of 3,250%

Live Mint  

Two-Wheeler maker Hero MotoCorp on Tuesday posted a net profit of ₹711 crore for the October-December quarter, as compared to ₹686 crore during the same quarter last year. The company's revenue from operations for the quarter came in at ₹8,031 crore as against ₹7,883 crore during Q3 FY22, recording an increase in revenue of 1.8 per cent. Total expenses stood …

Hero MotoCorp banks on bold intent, but ride rough
2 years, 3 months ago

Hero MotoCorp banks on bold intent, but ride rough

Live Mint  

Investors have welcomed Hero MotoCorp Ltd’s decision to raise ex-showroom prices of its motorcycles and scooters from 1 December. This move signals Hero’s bold intent and confidence given that the cost pressures are receding now," said Varun Baxi, an analyst at Nirmal Bang Institutional Equities. “As much as 75-80% of the company’s products are in the lower-end 75cc-110cc categories, which …

Hero MotoCorp's first electric scooter unveiled, costs less than ₹1.50 lakh
2 years, 5 months ago

Hero MotoCorp's first electric scooter unveiled, costs less than ₹1.50 lakh

Hindustan Times  

Motorcycle maker Hero MotoCorp launched its first electric scooter worldwide on Friday as it looks to catch up with newer businesses that have taken the lead in the country's clean mobility push. Like many legacy automakers in India, Hero Motocorp has been a laggard in electric two-wheelers, where start-ups such as Ather Energy and Softbank Group-backed Ola Electric have gained …

Honda races ahead of Hero MotoCorp in retail sales in September
2 years, 5 months ago

Honda races ahead of Hero MotoCorp in retail sales in September

India Today  

Honda Motorcycle and Scooter India has for the first time gone past Hero MotoCorp in terms of monthly retail sales. The Hero MotoCorp dealerships India Today spoke with said that the drop in the company's share can be attributed to the headwinds in the entry-level two-wheeler segment. The relatively higher ownership costs owing to high fuel costs and multiple price …

Hero MotoCorp to raise prices of two wheelers from today. Check details here
2 years, 8 months ago

Hero MotoCorp to raise prices of two wheelers from today. Check details here

Live Mint  

Hero MotoCorp has announced that it will increase the prices of its motorcycles and scooter from today, July 1, 2022. Hero MotoCorp said in a statement, “Hero MotoCorp will make an upward revision in the ex-showroom prices of its motorcycles and scooters, with effect from July 1, 2022. Meanwhile, earlier this week, the two-wheeler market leader Hero MotoCorp announced the …

Hero MotoCorp Board Approves Rs 420 Crore Investment in Ather Energy
3 years, 2 months ago

Hero MotoCorp Board Approves Rs 420 Crore Investment in Ather Energy

News 18  

The country's largest two-wheeler maker Hero MotoCorp said its board has approved to further invest up to Rs 420 crore in electric two-wheeler company Ather Energy. We are excited to see the growth of Ather Energy in recent years," Hero MotoCorp Head Swadesh Srivastava noted. Hero MotoCorp is an early investor in Ather Energy and has been part of its …

Hero MotoCorp to unveil its first EV in March, domestic sales down to 374,485 units
3 years, 2 months ago

Hero MotoCorp to unveil its first EV in March, domestic sales down to 374,485 units

Live Mint  

Hero MotoCorp, the world’s largest manufacturer of motorcycles and scooters, has today reported its highest-ever sales in global markets outside of India in any calendar year. The company sold 2.89 lakh units of motorcycles and scooters in its markets spread across Asia, Africa South and Central America and the Caribbean in calendar year 2021, clocking a growth of 71 per …

In Q1, Hero MotoCorp posts profit of ₹365 cr
3 years, 7 months ago

In Q1, Hero MotoCorp posts profit of ₹365 cr

Live Mint  

Hero MotoCorp Ltd –country’s leading two-wheeler manufacturer – more than tripled its net profit to Rs 365 crore for the quarter ending June 30, as result of the low base of last year. The company reported a net profit of just ₹61 crore for the corresponding period last fiscal due to strict nationwide lockdown to tackle the first wave of …

Hero MotoCorp bikes get expensive by up to ₹3,000 from today
3 years, 8 months ago

Hero MotoCorp bikes get expensive by up to ₹3,000 from today

Live Mint  

Hero MotoCorp Ltd has increased the prices of its motorcycles from today. Other manufacturers like Maruti Suzuki India, the country’s largest car-maker has also increased the prices of its vehicles. Last week, in a statement the Hero MotoCorp claimed that there will an upward revision in the ex-showroom prices of its motorcycles and scooters, with effect from July 1, 2021. …

Hero MotoCorp clocks total sales of 1,83,044 units in May 2021
3 years, 9 months ago

Hero MotoCorp clocks total sales of 1,83,044 units in May 2021

India Today  

Hero MotoCorp has reported total sales of 1,83,044 units in May 2021 even after suspending operations at its manufacturing facilities in India for a significant part of the month in the wake of the second wave of the Covid-19 pandemic. Among the popular motorcycles and scooters sold by Hero MotoCorp are the Splendor+, Super Splendor, HF Deluxe, Passion Pro, Glamour, …

Hero MotoCorp net profit rises 39% to ₹865 crore, beats estimates
3 years, 10 months ago

Hero MotoCorp net profit rises 39% to ₹865 crore, beats estimates

Live Mint  

Hero MotoCorp on Thursday reported 39.4% increase in its net profit to Rs865 crore for the fourth quarter ended March 31, 2021, compared to ₹621 crore in the same period of previous fiscal. Earnings before interest, tax, depreciation and amortisation for Q4 FY21 stood at ₹1,211 crore versus ₹660 crore in Q4 FY20, reflecting 13.8% EBITDA margin and a growth …

Hero MotoCorp, Tata Power, Container Corporation of India: Here are the Top Stocks for Investors on February 5
4 years, 1 month ago

Hero MotoCorp, Tata Power, Container Corporation of India: Here are the Top Stocks for Investors on February 5

News 18  

The Indian stock market is expected to open in the green with the indices hitting new highs during the trading session. Top stocks to look for the day are:Container Corporation of India: The Navratna PSU reported higher consolidated profit at Rs 234.3 crore in Q3FY21 against Rs 180.9 crore in Q3FY20. Tata Power: Reported higher consolidated profit at Rs 318.4 …

Hero MotoCorp to increase prices by up to Rs 1,500 from Jan
4 years, 3 months ago

Hero MotoCorp to increase prices by up to Rs 1,500 from Jan

India TV News  

Hero MotoCorp to increase prices by up to Rs 1,500 from Jan Two-wheeler market leader Hero MotoCorp on Wednesday said it will increase prices of its vehicles by up to Rs 1,500 from January 1, 2021, to offset impact of rising input costs. Two-wheeler market leader Hero MotoCorp on Wednesday said it will increase prices of its vehicles by up …

Hero Splendor+, Xtreme 160R, Xpulse 200T, Pleasure+, Maestro Edge, others: Company to hike prices from Jan 1
4 years, 3 months ago

Hero Splendor+, Xtreme 160R, Xpulse 200T, Pleasure+, Maestro Edge, others: Company to hike prices from Jan 1

India Today  

Hero MotoCorp has announced that it will increase the prices of motorcycles and scooters by up to Rs 1,500 from January 1, 2021. While the price rise will vary across models, Hero Motocorp will inform its dealers about the product-wise price hike in "due course". Among the popular motorcycles sold by Hero MotoCorp in India are the Splendor+, Splendor iSmart, …

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