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Hero MotoCorp Faces Rs 26.4 Crore Tax Demand

Hero MotoCorp Faces Rs 26.4 Crore Tax Demand

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

Hero MotoCorp shares fall over 3% as December sales decline sharply

Hero MotoCorp shares fall over 3% as December sales decline sharply

Fri, Jan 03, 2025

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.

Hero MotoCorp gets additional tax demand of Rs 26.4 crore

Hero MotoCorp gets additional tax demand of Rs 26.4 crore

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.

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Hero MotoCorp says November sales fall after demonetisation

Hero MotoCorp says November sales fall after demonetisation

Fri, Dec 02, 2016

The company said, "... saw a drop in retail sales after the demonetisation initiative when the entire industry also witnessed decline in sales."

Here's why India's automobile sector saw poor sales this October

Here's why India's automobile sector saw poor sales this October

Fri, Nov 04, 2016

October last year, even with a 'drought' year, saw Maruti Suzuki's sales increase by 25%, Hyundai's by 35.6%, while M&M saw a 20% rise in its October sales from the same period of 2014.

Sensex, Nifty trade in green as US election looms

Sensex, Nifty trade in green as US election looms

Thu, Nov 03, 2016

Indian markets turned green at open on Thursday. BSE Sensex was trading at 37 points up on 9:37 am and Nifty was up 0.18% at 9:36 am.

Hero MotoCorp sales increase 4%, fall sequentially

Hero MotoCorp sales increase 4%, fall sequentially

Wed, Nov 02, 2016

The Company has crossed six lakh-plus sales in five months during the calendar year 2016 so far.

Hero MotoCorp invests in smart electric-vehicle maker

Hero MotoCorp invests in smart electric-vehicle maker

Thu, Oct 27, 2016

Hero MotoCorp said, "Adoption of environment-friendly fuel is a priority for Hero MotoCorp, as is propagating sustainable manufacturing through green facilities. With this Hero Motocorp intends to enhance its participation in the EV space by pursuing its internal EV program in addition to partnering with Ather.

Hero MotoCorp Q2 net profit rise to Rs 1004 crore; net sales jumps by 15.8%

Hero MotoCorp Q2 net profit rise to Rs 1004 crore; net sales jumps by 15.8%

Wed, Oct 26, 2016

The company said that its total income increased from Rs 7457.9 crore in Q2FY16 to Rs 8601.1 crore in Q2FY17.

Unseasonal rains may play spoilsport for two-wheeler companies

Unseasonal rains may play spoilsport for two-wheeler companies

Wed, Oct 26, 2016

Moreover, two-wheeler makers in India might be pushing dealers to bill vehicles with sub-dealers as 'sales' to push up numbers.

Festive demand, Pay Commission to boost auto sector's second quarter numbers

Festive demand, Pay Commission to boost auto sector's second quarter numbers

Tue, Oct 11, 2016

Hitesh Goel and Nishit Jalan analyst of Kotak Institutional Equities said, “We expect a strong quarter for automobile companies in our coverage universe led by strong demand as manufacturers push inventory ahead of the festive season.”

Good rainfall, new variant launches boost auto sales in September

Good rainfall, new variant launches boost auto sales in September

Tue, Oct 04, 2016

Indian automobiles sector saw an increase in demand for passenger vehicles (PV) and two-wheelers in September which exceeded market expectations due to higher new variant launches and a good monsoon.

Hero MotoCorp sales up 11% in September; stock up nearly 1%

Hero MotoCorp sales up 11% in September; stock up nearly 1%

Tue, Oct 04, 2016

Hero MotoCorp has recorded a growth of over 11% in sales of its two-wheeler vehicles for September month.

Hero MotoCorp launches Achiever 150 starting at Rs 61,800

Hero MotoCorp launches Achiever 150 starting at Rs 61,800

Mon, Sep 26, 2016

Hero MotoCorp launched another ‘built in house’ bike, Achiever 150 on Monday at a starting price of Rs 61,800 (Drum Brake Variant) and Rs. 62,800 (Disc Brake Variant) at ex-showroom price in New Delhi.

Brands in India are increasingly getting their game on through sports

Brands in India are increasingly getting their game on through sports

Thu, Sep 22, 2016

Companies in India are increasingly hinging on sports to build their brands.

Hero MotorCorp records for the third time above 6 lakh sales in FY17

Hero MotorCorp records for the third time above 6 lakh sales in FY17

Fri, Sep 02, 2016

In addition to strenghtening its leadership in the 100-110 cc motorcycle category with the recent launch of Splendor iSmart 110, Hero has also further consolidated its leadership in the 125 cc space with the largest selling motorcycle in the segment of 'Glamour'.

Hero MotoCorp's Q1 net profit soars 18%

Hero MotoCorp's Q1 net profit soars 18%

Mon, Aug 08, 2016

For the June quarter, the company sold two-wheelers of around 17,45,389 units, a rise of 6.04% compared to 16,45,867 units sold in corresponding period of the previous years. It also rose by 1.40% against 17,21,240 units sold in preceding quarter.

RBI policy, Q1 earnings, macroeconomic data to drive markets this week: Experts

RBI policy, Q1 earnings, macroeconomic data to drive markets this week: Experts

Sun, Aug 07, 2016

RBI policy meeting, the last leg of quarterly earnings and macroeconomic data would set the stock market trend in an eventful week ahead, say experts.

July Auto sales were a mixed bag; hopes for better monsoon

July Auto sales were a mixed bag; hopes for better monsoon

Thu, Aug 04, 2016

Also hopes are on GST bill to boost this sector, Suvodeep Rakshit of Kotak Mahindra said that in case the GST Council puts UVs in the ‘standard’ category (instead of ‘high’ rate of 40%), there could be significant benefits to the automobiles sector.

Good monsoon will boost auto sector sales, says Pawan Munjal

Good monsoon will boost auto sector sales, says Pawan Munjal

Thu, Jul 14, 2016

With India receiving above normal monsoon this year automakers are hopeful of growth in their auto sales. The country had witnessed two back-to-back droughts from last two years, which had resulted in slowdown in auto sales.

Superfast Futures : Downfall in Telecom stocks

Superfast Futures : Downfall in Telecom stocks

Fri, Jul 08, 2016

Watch this special segment and get to know about the latest news and updates on stock market here. Zee Business is one of the leading and fastest growing Hindi business news channels in India.

Why two-wheeler segment will reap higher sales from good monsoons

Why two-wheeler segment will reap higher sales from good monsoons

Mon, Jul 04, 2016

In the automobile industry, the segment that is expected to benefit the most this year is two-wheelers. With prospects of higher crop yield increasing, the rural spends are expected to rise too.

Honda Motorcycles' total sales up 19% in May

Honda Motorcycles' total sales up 19% in May

Sun, Jun 05, 2016

The company also yanked up its domestic market share by 2% points to 27.5%.

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