Page 27 - Hero Motocorp

Maruti Suzuki, Tata Motors: Auto stocks face major hurdles amid Covid surge

Automobile and financial stocks dominate the list of companies where analysts have scaled back their earnings estimates for FY22

Stocks to watch: Avenue Supermarts, Bandhan Bank, Hero Moto, UltraTech

The National Company Law Tribunal has initiated insolvency proceedings against construction firm Ahluwalia Contracts India for defaulting on payments to an operational creditor

Vaishali Parekh recommends buying Hero MotoCorp, United Spirits. Check why

The RSI has indicated a trend reversal for Hero MotoCorp, showing strength, and has signaled a 'buy' to suggest further upward movement in the coming days

Covid-19: Hero MotoCorp extends shutdown of plants across India till May 16

Two-wheeler market leader Hero MotoCorp on Sunday said it is extending the shutdown of its plants across India by another week till May 16 in view of the prevailing COVID-19 situation in the country. The shutdown also includes the Global Parts Center (GPC) in Neemrana and R&D facility the Centre of Innovation and Technology (CIT) in Jaipur, Hero MotoCorp said in a statement. Last month, the company had announced temporary stopping of operations at all its six manufacturing units located at Dharuhera and Gurugram, Haryana; Chittoor in Andhra Pradesh; Haridwar in Uttarakhand; Neemrana in Rajasthan, and Halol in Gujarat with a total yearly production capacity of 90 lakh units. "The company is continuously monitoring the situation and is ready with its business continuity plans to be able to quickly resume and scale up operations as and when the situation improves," the statement added. The extension of suspension of operations at the plants is also in line with its commitment to the

Covid-19: Hero MotoCorp extends shutdown of plants across India till May 16

India's largest motorbike maker, Hero MotoCorp Ltd, extended a shutdown at its manufacturing facilities across India till May 16, a day after Maruti Suzuki India Ltd announced a similar move

Bajaj Auto races ahead of its rival Hero MotoCorp on the bourses

The m-cap gap is widest despite Hero's better sales and volumes

Hero Motocorp to launch first electric two-wheeler in first half of 2022

The company last month had tied up with Taiwanese electric two-wheeler maker Gogoro to accelerate the shift to sustainable electric mobility

Stocks to watch: Hero MotoCorp, HDFC, Tata Consumer, Adani Power, UltraTech

UK-based fintech company, Infinity Circle, has selected Zensar Technologies for the end-to-end development of its next-gen wealth management platform

Hero MotoCorp Q4 net profit rises 39% to Rs 865 crore, beats estimates

'While a late recovery towards the second half of FY21 saw the company gain strong volumes, the broader market continues to suffer in view of the recent Covid surge,' says Pawan Munjal

Hero MotoCorp Q4 net up 38% to Rs 865 cr on entry-level bike demand

Company extends factory closure to May 10; expects normalcy to return by second quarter

Stocks to watch: Hero MotoCorp, IDBI Bank, Tata Steel, Coforge, Icra

Tata Steel reported a higher-than-expected consolidated net profit at Rs 6,644 crore in the March quarter (Q4) of FY21, against a net loss of Rs 1,481 crore in the corresponding period last year

Hero MotoCorp Q4 preview: Analysts see up to 60% YoY rise in Ebitda

Nomura has one of the most conservative estimates with standalone net profit seen at Rs 794 crore, up around 28 per cent YoY

Led by exports, Bajaj grabs pole position in India's motorcycle market

A week-long shutdown by Hero MotoCorp gives Bajaj Auto a marginal lead over its arch rival

Hero MotoCorp reports 35% slump in sales in April compared to prior month

The country's top two-wheeler maker Hero MotoCorp on Saturday said it has sold 3,72,285 units last month, down by 35 per cent from 5,76,957 units dispatched in March this year. The company said sales in April were subdued due to the temporary closure of plant operations and the retail outlets across several key territories in India on account of the impact of the second wave of COVID-19. The sales numbers of April 2021 were not comparable with the corresponding month of the previous year (April 2020), since no vehicles were manufactured and dispatched to dealers due to the nationwide lockdown after the outbreak of COVID-19, it added. The two-wheeler major further noted that in keeping with its commitment to the safety and welfare of its people and to break the chain of the spread of coronavirus, it has decided to extend the shutdown at its manufacturing facilities across India, its Global Parts Center (GPC) in Neemrana and the R&D facility the Centre of Innovation and Technology .

Hero MotoCorp unveils prices of latest Harley-Davidson range of bikes

The bikes are tagged between Rs 10.11 lakh and Rs 34.99 lakh in India (ex-showroom).

Top stock ideas from Anand Rathi: Buy Hero Moto, Welspun Corp

Off late, the private banks have underperformed but they are showing signs of base formation

Stocks to watch: Nestle India, Hero Moto, ICICI Securities, Cyient, Lupin

Cyient, Tata Elxsi and 10 other companies will release their quarterly earnings on April 22

Hero MotoCorp ties up with Taiwan's Gogoro with focus on electric mobility

The country's largest two-wheeler maker Hero MotoCorp on Wednesday said it has partnered with Taiwan-based Gogoro Inc to collaborate in the field of electric mobility. As per the partnership, the companies will establish a battery swapping joint venture to bring Gogoro's industry leading battery swapping platform to India and will collaborate on electric vehicle development to bring Hero-branded, powered by Gogoro network vehicles to market. "Today marks another major milestone in our journey, as we bring Hero's leadership in two-wheelers, our global scale and innovation powerhouse, with the leadership of Gogoro in swapping business model, as they have demonstrated over the years in Taiwan and rest of the world," Hero MotoCorp Chairman and CEO Pawan Munjal said in a statement. This partnership will further extend the work, which the company is doing at its R&D hubs at the Centre of Innovation and Technology (CIT) in Jaipur and Tech Centre in Germany, he added. The vision and ...

Hero MotoCorp halts production all across as precautionary measure

Firm says shutdown is due to massive and unrestrained spread of Covid-19 across the country

Hero MotoCorp to conserve ecological Aravali Biodiversity Park in Gurugram

Two-wheeler market leader Hero MotoCorp on Tuesday said it will work towards ecological restoration and conservation of the Aravali Biodiversity Park at Gurugram, in Haryana for the next 10 years