The festival season kicks off with Onam end-August right through Diwali in October
The company expects the positive trend to continue in the coming months, on the back of a decent monsoon, and encouraging farm activity.
Electric two-wheeler maker Hero Electric had sought an injunction against Hero MotoCorp using the 'Hero' trademark for its electric vehicles
Hero MotoCorp, Maruti Suzuki, M&M, Bosch and TVS Motor gain up to 13% in a week
Hero MotoCorp, Bajaj Auto and Eicher Motors need to cross their significant hurdles with aggressive volume for further gains to emerge.
Stock market live updates: The Sensex and Nifty benchmarks are heading for a higher start on Friday, tracking strength in the US overnight and Asian markets this morning. As of 07:00 AM, the SGX Nif
The company said the price revision has been necessitated to partially offset the steadily growing overall cost inflation, including commodity prices
Two-wheeler maker Hero MotoCorp said it will hike prices of motorcycles and scooters by up to Rs 3,000 from July 1 to partially offset steadily growing overall cost inflation
Hero MotoCorp-backed electric two-wheeler maker Ather Energy is in talks with several state governments to set up a new manufacturing facility in the country, according to sources
Stocks to watch today: SBI and IDBI Bank have raised their interest rates on retail term deposits, subject to different tenors; LIC hiked stake in Hero MotoCorp to 11.2 per cent from 9.1 per cent.
The acquisition of the incremental stake in Capri Global Capital Ltd happened at an average cost of Rs 624.61 and that for Hero MotoCorp Ltd happened at Rs 3,050.14
Over 10 stocks slipped below their 200-DMA on Tuesday after the Nifty50 broke below its sentimentally important level of 16,400, while the Sensex lingered near 55,000-mark
Domestic sales stood at 4,66,466 units last month. The company had dispatched 1,59,561 units in the domestic market in May 2021.
At the operational level, Nomura sees margin benefit for companies in the backdrop of a cut in steel prices
Safety is of utmost importance when it comes to electric mobility and the manufacturers should try to come up with products that are sustainable, said MotoCorp Chairman and CEO Pawan Munjal
While the move does not put Ather Energy in the unicorn club, it definitely brings it within striking distance
Company's margins could expand on operating leverage and price hikes, say analysts
With the economy picking up, the management expects the demand for motorcycles and scooters to see a positive turnaround in the coming months.
The company is comfortable with its current inventory level, which is around six weeks
The company's board has recommended a final dividend of Rs 35 per share