Page 36 - Hero Motocorp

Top 10 biz headlines: Auto sector in low gear, FM on economy booster & more

From FM Sitharaman announcing that talks are on with PMO to revive the slowing economy to slowdown in the auto industry, here are the top business headlines for Saturday

Hero MotoCorp board clears Rs 450-cr investment in Hero FinCorp Ltd

The company's board has considered and approved an investment of up to Rs 450 crore in HFCL by subscribing to the issue of shares by way of private placement in one or more tranches

Hero MotoCorp bikes set to get costlier by Rs 2,000 from January 1

Auto manufactures have increased prices owing to the transition cost for migrating to the BS-VI platform

Hero MotoCorp to begin production at Chittoor plant by Dec 2018

It will provide employment to 1,500 people in the 1st phase & another 3,500 in the subsequent phases.

152 stocks from BSE500 index hit 52-week lows

Adani Ports, Bharti Airtel, Hero MotoCorp, Maruti Suzuki, Eicher Motors, Zee Entertainment, Jet Airways and IndiGo from the S&P BSE500 index hit their respective 52-week low today.

Bajaj Auto, Hero MotoCorp, Tata Motors hit 52-week low

Shree Cement, Grasim Ind, Container Corporation, Indian Bank, Motilal Oswal Financial, Edelweiss Financial and Oracle Financial Services were among 10 stocks from the S&P BSE 200 index hit 52-week low

Hero MotoCorp, M&M rise 5% post October sales

Hero MotoCorp (Rs 2,934) and M&M (Rs 794) up 5% after these companies posted more than 15% year-on-year growth in total sales during the month of October.

Here's what analysts expect from Hero MotoCorp's FY19Q4 results today

The update on demand trend in rural and urban markets and new model launch pipeline will be the key monitorables

Hero MotoCorp renews ISL sponsorship for next three years at Rs 160 cr

Hero MotoCorp has renewed its association with the Star India and IMG Reliance-promoted Indian Super League (ISL) for another three years, tripling its investment in the domestic football tournament. On board since the league's launch in 2014, Hero's previous deal with ISL was valued at $8 million (around 51 crore) for three years. The renewed deal is estimated at $25 mn (Rs 160 crore) for another three years. "ISL has proven a success in terms of spectatorship (in-stadia attendance) and followership (TV viewership, social media engagement). As part of our strategy on football, we have tried not only to create a domestic football league to promote the sport but also attempt to increase the width of the games available to viewers. Hero's commitment affirms the belief (we have) that the league is primed for a revenue upswing as well," says Sanjay Gupta, managing director of Star India. Hero's commitment will extend further than the title sponsorship to in-stadia visibility and on-air ..

BSE Auto index hits record high

Eicher Motors, Hero MotoCorp and Bajaj Auto have rallied between 3% and 6% on BSE.

Strong volumes, low base aid Hero's Q4, net grows 35% to Rs 9.67 billion

Growth momentum to continue in FY19 on rural demand, distribution presence and new launches

Hero MotoCorp Q3 results: Withdrawal of tax benefits to dent margins

Withdrawal of tax benefits at Haridwar, higher raw material costs will dent margins

Hero MotoCorp Q3 net profit rises 4% at Rs 8 billion on higher sales

The company's revenue from operations grew 15% to Rs 73.05 bn

Hero MotoCorp net rises a tad at Rs 1,010 cr

Company recorded a 10.9% y-o-y growth in sales

Hero MotoCorp Q1 preview: Over 15% fall in profit seen amid falling volume

At the operating level, analysts see a dip in margin due to higher discounts and adverse working capital owing to weak demand

Hero MotoCorp Q1 net up 36 % at Rs 1,257 cr on one-off exceptional gain

Revenue from operations, however, declined to Rs 8,185.97 crore for April-June period as compared with Rs 8,913.27 crore in the same period of 2018-19

Hero MotoCorp profit vrooms after two quarters

Earns Rs 914-cr profit in June quarter

Hero MotoCorp Q1 profit rises 3.5% to Rs 914.04-cr on higher sales

The company said it sold 1.9 million two-wheelers, up 6.2% compared to the same period in 2016

Resilient margins in tough quarter

Hero MotoCorp's volume growth expected to be strong on rural demand, product launches

Hero MotoCorp to Bajaj Auto, two-wheeler makers end 2019 on a bleak note

Auto companies in India count deliveries to dealers as sales.