Page 37 - Hero Motocorp

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

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.