Tue, Jan 23, 2024
The technology from the partnership will be used to develop electric motorcycles in the mass segment products in future.
More >
Mon, Jan 22, 2024
"With their vast expertise and diversified business knowledge, Chaudhary Group (CG) will provide an enormous fillip to our operations here," Hero MotoCorp Head-Global Business Sanjay Bhan said.
Tue, Jan 02, 2024
In December 2023, total sales were marginally down at 3,93,952 units as against 3,94,179 units in the year-ago month, Hero MotoCorp said in a statement.
Wed, Apr 21, 2021
India’s largest two-wheeler manufacturing company Hero MotoCorp is all set to order a temporary suspension of manufacturing operations as a precautionary measure amid the surge in Covid cases in the country, the company said in its filing to exchanges on Tuesday.
Mon, Apr 19, 2021
Brokerage house CLSA expects the two-wheelers (2W) recovery to underperform other automotive segments. CLSA highlights that the recent data points on 2W as well as our channel checks suggest weakening momentum (especially in entry motorcycles). While FY22 volume growth (CLSA: 16%) will look strong optically, we would highlight that it comes on the back of a 29% cumulative decline over FY19-2021
Thu, Apr 15, 2021
Building on its industry-leading digital initiatives for enhanced customer experience, Hero MotoCorp, the world’s largest manufacturer of motorcycles and scooters, has launched a comprehensive range of sales and aftersales services on the messaging app – WhatsApp. Hero MotoCorp customers will now be able to avail a host of services from an easy-to interact menu-based chatbot that can be accessed 24*7 on the messaging platform
Wed, Apr 07, 2021
Even though it is expecting a mediocre performance from the market in April, 2021, brokerage Anand Rathi has picked Balrampur Chini from midcap segment and Hero MotoCorp from large cap to give bumper returns in the coming months.
Mon, Apr 05, 2021
Sharekhan says that Hero MotoCorp commands 65% market share in the combined economy and executive motorcycle segment, which together makes up 80% of the motorcycle market in India. Hero has strong reach in semi-urban and rural areas, aided by its largest distribution network in the 2W industry. Sharekhan says it expects Hero MotoCorp to be the beneficiary of rural demand and the increased need for personal mobility in a post COVID-19 scenario
Thu, Apr 01, 2021
March auto sales have given a boost to the Auto Index to rose above 1.5 per cent during today's session. Out of 13 scrips, 12 ended positive barring Balkrishna Industries. The heavyweights in the passenger and commercial vehicles (PV and CV) segment such as Maruti Suzuki, Mahindra and Mahindra and Tata Motors surged on the back of exemplary sales in March over the corresponding month in the previous year.
Wed, Mar 31, 2021
Ahead of monthly auto sales, the Nifty Auto index traded flat. The two-wheeler heavyweight Hero MotoCorp and Eicher Motors fell most, dragging the index down. Joining the camp Baja Auto shied away from being in the negative unlike its peers.
Mon, Mar 29, 2021
Sharekhan expects March 2021 to be yet another strong month for the automobile industry, with demand improving across all segments, except subdued growth in three-wheeler (3W) sales and growth moderation in entry-level bikes. Sharekhan expect tractors and commercial vehicle (CV) sales to drive growth in March 2021, with passenger vehicles (PV) and two-wheelers (2W) segments reporting strong numbers, aided by robust momentum in exports
Tue, Mar 23, 2021
Two-wheeler maker Hero MotoCorp on Tuesday said it will make an upward revision in the ex-showroom prices of its motorcycles and scooters, with effect from April 1, 2021, in order to partially offset the impact of higher commodity costs
Thu, Mar 04, 2021
Sharekhan interacted with the management of Hero MotoCorp (Hero) to discuss its plans for electric two-wheelers and readiness to benefit from increasing electric two-wheelers penetration in the medium to long term. Hero MotoCorp has invested in Ather Energy, a start-up company, taking a 34.6% stake. Hero MotoCorp share price today is Rs 3407, down Rs 16 or 0.5%.
Tue, Mar 02, 2021
Sharekhan likes Ashok Leyland and Tata Motors and expects them to benefit from the CV upcycle. Sharekhan retains Positive view on the sector. In the OEM space, Sharekhan prefers rural centric companies with a strong balance sheet. In the 2W space, Sharekhan prefers Hero MotoCorp, Bajaj Auto, and TVS Motor because of positive sentiments in rural, semi-urban,and exports.
Fri, Feb 26, 2021
Sharekhan expects February 2021 to be yet another strong month for the automobile industry, with demand improving across all segments, except subdued growth in three-wheeler (3W) sales and growth moderation in entry-level bikes. Sharekhan expects tractors and commercial vehicle (CV) sales to drive growth in February 2021, with passenger vehicles (PV) and two-wheelers (2W) segments registering double-digit growth, aided by robust growth in exports.
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.
By accepting cookies, you agree to the storing of cookies on your device to enhance site navigation, analyze site usage, and assist in our marketing efforts.
