Fri, Jan 03, 2025
Hero MotoCorp has been handed an additional tax demand of Rs 26.4 crore. In this video, we discuss the details of the tax demand and its potential impact on the company's financial situati
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Hero MotoCorp shares fall over 3% after a 17.5% drop in December sales, despite strong export growth. Investors remain cautious, but future product launches and EV expansion offer growth potential.
Wed, Jan 01, 2025
The company received an order dated December 31, 2024, from the Deputy Commissioner of Income Tax, Central Circle 27, New Delhi for the assessment year 2020-21, Hero MotoCorp Ltd said in a regulatory filing.
Fri, Feb 19, 2021
Auto Sector Q3 FY21 was a strong quarter for both automobile and auto-ancillary companies, as expected. Sales as well as operational performance improved, with some companies reporting their highest-ever quarterly sales and profits. Q3 FY21 was a strong comeback after a clean washout in Q1 FY21.
Mon, Feb 08, 2021
Hero MotoCorp’s Q3 FY21 results were slightly ahead of expectations by 1.5% on revenue level and 6.4% at net profit level. Net revenue grew by 39.7% yoy at Rs 9776 cr in Q3 FY21, led by a growth of 19.8% growth in volumes and 16.7% growth in average realization. The average realization improved on back of richer product mix and price hikes taken during the year, owing to BS-VI transition and a rise in raw material cost.
Thu, Feb 04, 2021
Hero Motocorp Share Price Today: Hero MotoCorp, the world’s largest two-wheeler manufacturer sold 485889 units of motorcycles and scooters in January 2021. On January 21, 2021 Hero Motocorp also surpassed the significant milestone of 100 Million (10 Crores) units in cumulative production. The 100 millionth motorcycle, the Xtreme 160R, was rolled-out of the Company’s manufacturing facility in Haridwar, in the northern Indian hill state of Uttarakhand.
Mon, Feb 01, 2021
Sharekhan expects January 2021 to be another strong month for the automobile industry, with demand improving across all the segments, except the subdued growth in the three-wheeler industry. Sharekhan expects tractors and commercial vehicle sales to drive the growth in January 2021, with passenger vehicles and two-wheelers segments to register double digit growth.
Mon, Jan 25, 2021
Budget 2021 - Pick of the Week – Which sector will see action during this week? Where will the money-making opportunities come from? In chat with Zee Business Managing Editor Anil Singhvi, market experts Sumeet Bagadia, Sandeep Wagle, Kunal Saraogi, Himanshu Gupta and Sandeep Jain give Budget 2021 picks, that are expected to bring handsome returns for the investors
Know the 'Pick of the week' with Zee Business Managing Editor Anil Singhvi and his panel of veteran market experts. HDFC Life, Hero Motocorp, DLF to Rallis India have been dubbed as stocks to buy.
Fri, Jan 22, 2021
Pawan Munjal, Managing Director, Hero MotoCorp, talks about surpassing the cumulative production milestone of 100 million (10 crores) units, budget expectations, the outlook for 2021 and premium bike segment market among others during an exclusive interview with Swati Khandelwal
Mon, Jan 04, 2021
Sharekhan expects Hero MotoCorp to be the beneficiary of rural demand and increased personal mobility. Hero MotoCorp’s brand equity is because of value for money products, extensive service centres, low maintenance cost and higher resale value. The company has raised its production capacity in anticipation of higher demand. The company is also making inroad in the premium bike segment in partnership with Harley Davidson. Sharekhan expects strong recovery in FY2022, driven by normalisation of economic activities, operating leverage, price hikes, and cost saving under the company’s leap programme, which would result in margin improvement.
Thu, Dec 17, 2020
Motilal Oswal hosted the senior management of Hero MotoCorp – Dr Pawan Munjal, Chairman, Managing Director and CEO, and Niranjan Gupta, CFO. Motilal Oswal discussed the road ahead for 2-Wheelers, its strategy, and roadmap for electrification.
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.
Tue, Dec 15, 2020
The Nifty opened with a gain of 60 points on December 14, 2020, in line with strong cues from global markets. Thereafter, the Nifty went in negative zone due to profit booking at higher levels. Barring Nifty Auto and Reality indices, all other indices closed in the positive zone rising by 1-2%. In the afternoon, the Nifty managed to turn positive aided by buying at lower levels. Stocks like ONGC, LT, CIPLA, COALINDIA and IOC were top gainers that rose by 3-4%, while stocks like EICHERMOT, HEROMOTOCO, M&M, HDFCLIFE and TECHM were top losers that fell by 2-3%. The Nifty closed at around 13568 levels with a gain of 0.21%.
Wed, Nov 18, 2020
Increased preference for personal transportation, strong rural demand and improving economic growth has led to a recovery. Automotive retail sales have reached near Pre-COVID levels in the festive season in the October to November period.
Wed, Nov 04, 2020
As per FADA, Passenger Vehicles sales were much better than 2-wheelers in this 9 day festive period wherein 2-wheeler sales are estimated to have declined 15% YoY. While retail sales have been lower than estimated at the start of the festive season for 2-wheelers, 2-wheelers OEMs (Original Equipment Manufacturers) are aggressively pushing stock with dealers.
Mon, Nov 02, 2020
Diwali Stocks 2020! Less than two weeks left for Diwali 2020 to roll in and the stock markets are already abuzz with heightened action. Corporates have been posting strong and better than expected results for the September quarter and market experts have been telling investors to seize this opportunity to invest in money making stocks
Zee Business Managing Editor and Market Guru Anil Singhvi today, while commenting on prospects of Indian markets vis a vis global ones, said that three things have boosted domestic markets - strong results for the September quarter, better GST Collections and strong sales figures in the festive s
Thu, Oct 29, 2020
Management said that the Demand has recovered to pre-COVID levels and witnessing resumption of supply chain and logistics.
Wed, Oct 28, 2020
Passenger vehicle (PV) sales volumes are expected to continue double-digit growth, rising by 17% in October.
Preview of Key Nifty companies today: Axis Bank, Titan, Hero Motocorp and L&T.
Thu, Oct 08, 2020
The country's largest two-wheeler maker Hero MotoCorp on Wednesday said it has launched a new trim of its Maestro Edge scooter range priced at Rs 72,950 (ex-showroom Delhi)
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