Page 32 - Hero Motocorp

Hero MotoCorp hits 10-month high; stock zooms 93% from March low

Analysts expect the company to be least impacted by the Covid-19-led disruptions given their relatively strong recovery in the rural consumption basket.

2-wheelers facing blip, long-term India growth story intact: Hero MotoCorp

"The financial strength of the company augurs well and will help it successfully navigate itself into the future despite these trying times," said Chairman Pawan Kant Munjal

Economy may take 2-3 years to recover; more fiscal support needed: Munjal

Munjal said the road to recovery is going to be "rocky" and uneven because there will be sectors that will not recover.

Most stocks making positive contribution a healthy sign for market: Experts

During the June quarter, all the Nifty 50 components, but four posted gains. Market players said most stocks making positive contribution is a healthy sign for the market

Hero MotoCorp surges 5%, hits over 7-month high as June sales jump 4x MoM

The two-wheeler bellwether reported wholesale dispatches for the month of June at 4.5 lakh units, up from 1.12 lakh units sold in May.

Riding out the Covid-19 crisis: Auto shows pick-up signs in rural India

Maruti Suzuki India, the country's largest carmaker, on Wednesday reported a 53.8 per cent year-on-year decline in domestic passenger vehicle sales to 51,274 units in June due to Covid-19 crisis

Hero MotoCorp posts 27% dip in June sales, dispatches jump four-fold

The company had sold 6,16,526 units in June 2019 while it has despatched 1,12,682 units in May 2020

Hero MotoCorp hits over seven-month high; stock surges 56% in 3 months

Analysts at ICICI Securities believe HMCL has potential growth tailwinds in H2FY21 from rural recovery and downtrading in motorcycles

Covid-19: Automakers set aggressive cost cutting targets, reduce capex

TVS Motor Co is continuing with its cost reduction efforts of previous quarters, the company's management told analysts last month

Hero MotoCorp: Despite ops returning to normal, raising volumes a challenge

Company's prospects dented by lack of firm demand trend

Hero MotoCorp cuts capital expenditure for FY21 by 40% to conserve cash

Firm says retail uptick has been very encouraging; Hero hopes to clock 80% volume of what it was doing before the pandemic struck, in June

MARKET: Sensex ends 290 pts up as financials rally; Nifty settles at 10,116

All that happened in the markets today

Hero MotoCorp dips 2% as Q4 profit falls 26%; ICICI Sec downgrades stock

ICICI Securities downgraded the stock from 'Add' to 'Hold' with the revised target price of Rs 2,386

Hero MotoCorp dips 2% as Q4 profit falls 26%; ICICI Sec downgrades stock

ICICI Securities downgraded the stock from 'Add' to 'Hold' with the revised target price of Rs 2,386

Hero MotoCorp Q4 PAT falls 26% to Rs 613 cr, revenue at 6,333.8 cr

For the fiscal year ended March 31, the company posted a consolidated PAT of Rs 3,641.12 crore as compared with Rs 3,451.37 crore in the previous fiscal

MARKET WRAP: Sensex drops 855 pts from day's high on broad-based sell-off

All that happened in the markets today

Hero MotoCorp launches online platform eSHOP to enable seamless sale

Customers will be guided through all the relevant steps of making a decision, buying the vehicle and taking delivery, including latest on-road price, live stock status etc

Hero MotoCorp Q4 results preview: Analysts see over 30% decline in profit

Hero MotoCorp sold 13.34 lakh units during the quarter under review, down 25 per cent on YoY basis

Market Ahead, June 8: Top factors that could guide markets this week

The SGX Nifty is indicating a gap-up open today with the Nifty likely to open at around 10,260 levels on the back of firm global cues

Analysts ride two-wheeler stocks for gains as India eases Covid-19 lockdown

Expected demand pick-up in tier-II and tier-III cities as well as preference for personal mobility amid the Covid-19 health concerns are the top two factors that would drive the demand, analysts say.