Page 35 - Hero Motocorp

Hero MotoCorp betting big on scooters, EVs a work in progress: Pawan Munjal

He says Hero aims to sell over 10 million units in the coming year

Hero MotorCorp invests Rs 20 cr in two-sheeler start-up Ather Energy

Hero MotorCorp invested additional Rs 20 crore in Ather Energy, the smart electric two-wheeler start-up. This is part of company's total commitment of Rs 205 crore for 26-30 per cent stake in the company.Hero's balancesheet shows during the quarter and half year ended September, the company has invested Rs 20.05 crore in Ather Energy Pvt Ltd (India), which termed as an associate company of Hero.The Bengalaru-based start-up engaged in the business of designing and manufacturing smart elecrtric vehicles and associated charging infrastructure.Ather said that the Rs 20.05 crore was the last installment of the Rs 205 crore invested commitment by Hero, which was made in last year.In October 2016, Hero invested Rs 180 crore for 26-30 per cent stake. The funding marks the third round of investments in Ather Energy, which is building the S340 - India's first smart, electric scooter. Previous rounds of investments in the company were by Tiger Global; and Sachin and Binny Bansal, promoters of ...

Hero MotoCorp Q4 profit rises 35% to Rs 9.6 bn, beats estimate

The company sold over 2 million two-wheelers during the quarter, an increase of 23 percent over the same period a year earlier

Hero to focus on scooter, premium bikes segments to boost growth

The firm indicated the impact on profitability from higher commodity costs was contained on the back of price hikes and cost management measures

Hero MotoCorp tops best selling two-wheeler list in Nov; 4 models in top 10

Hero MotoCorp's Splendor was the best selling model last month. It sold 2,25,536 units in November as against 2,25,737 units a year ago

Hero MotoCorp reports 24.5% decline in Q4 net profit at Rs 730.32 cr

The company sold 17,81,160 units during the fourth quarter, down 11.1 per cent from 20,01,595 units sold in the same period of 2017-18

Hero MotoCorp hits 52-week low on disappointing Q4 results

Ebitda margin contracted 240 bp at 13.6 per cent for the fourth quarter ended March 31, 2019.

Hero launches three premium bikes; starting price is Rs 94,000

With the three new bikes, Hero MotoCorp now has four models in the X range

Govt's sops for auto sector: Hero reiterates demand of cutting GST

Hero's stance brings to fore the difference between them and rival Bajaj Auto which wants a GST cut closer to BSVI norms kicking in

Two-wheeler makers are exploring new ideas to keep going as sales flag

The opportunity is immense - the shared two-wheeler mobility market has touched 15 million daily trips already

Derivatives strategy on Hero MotoCorp by HDFC Securities

Derivative strategy by Nandish Shah, Senior Technical & Derivative Analyst, HDFC Securities.

Hero MotoCorp asks govt for phased GST reduction to avoid revenue losses

The two-wheeler market in India is pegged at around 20 million units per year with lower than 150-cc bikes accounting for the bulk of sales

Hero MotoCorp Q2 consolidated net profit down 10% at Rs 883.73 cr

During the second quarter, the company said it sold 16,91,420 units as against 21,34,051 units in the same period last year, down 20.7 per cent

Hero MotoCorp launches first BS-VI compliant Splendor iSmart at Rs 64,900

This marks the commencement of the transition of Hero MotoCorp's product range to BS-VI norms, Le Masson added.

Hero MotoCorp declares interim dividend of Rs 55 per share

Shares of Hero MotoCorp closed at Rs 3299.40 apiece, down 0.65% on BSE

Hero MotoCorp raises prices by up to Rs 2,200

Company sales dipped 3.49% to 5,91,306 units last month

Honda closing in on Hero; gap down to 12,300 in April

The domestic two wheeler industry has seen interesting moves last month. The battle for market leadership between Hero MotoCorp and former partner Honda in the world's biggest two wheeler market is intensifying. Japanese two wheeler major Honda has closed the large gap with market leader Hero MotoCorp and has come to a striking distance of the numero uno position. While it could be one-off case but in April Honda has sold a record 5.79 lakh two wheelers, just 12,300 units less than the market leader Hero. This also includes small export volumes.Last month, when Hero's sales declined more than three per cent, Honda managed to grow volumes by 34 per cent, on the back of a 40 per cent surge in scooter sales. All these numbers are based on sales to dealers. It is learnt that Hero's production plans have been impacted due to a constraint in the supply of some components from certain vendors and the company is trying to resolve this issue quickly. The company did not comment as it is in a ..

Hero MotoCorp May sales up 9% at 0.6 million units

The company had sold 5,83,117 units in May 2016, Hero MotoCorp said in a statement

Hero MotoCorp to invest Rs 2500 crore in next 2 yrs, crosses 70 mn in sales

Company to expand its international footprint to expand to 50 countries by 2020

Hero MotoCorp crosses 1 mn sales mark this festive season

The company has achieved the milestone with still around three weeks remaining in the current festive season