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 Ltd. received a goods and service tax demand notice of ₹17.64 crore from the Office of the GST Officer, Government of NCT Delhi's Department of Trade and Taxes, according to the company's Bombay Stock Exchange filing on Sunday, August 18. Hero MotoCorp is to pay a total of ₹17.64 crore as the demand notice, which is divided into …
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 …
Hero will utilise the shutdown days to carry out maintenance work at its manufacturing plants. The country’s largest two-wheeler maker Hero MotoCorp on Tuesday said it is temporarily stopping operations at all its manufacturing facilities across the country, including its Global Parts Center, in the wake of a surge in COVID-19 cases across India. “Each plant and GPC will remain …
Two-wheeler companies may be entering the slow lane. Scooter demand is still slow in urban centres, while rural bike sales is also moderating. Entry-level bike sales have reduced by about 210 basis points in the overall product mix to 26.5% year-to-date over FY20, added analysts. But post-lockdown improvement in bike sales helped Hero MotoCorp Ltd gain market share. Still, stocks …
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