Page 8 - Hero Motocorp

Hero MotoCorp retains top spot in two-wheeler market with 29% market share

Hero MotoCorp maintained its leadership in the two-wheeler retail sales last fiscal with sales of over 54 lakh units amid enhanced competition in the vertical, as per the latest FADA data. Honda Motorcycle & Scooter India took second spot with sales of over 47,89,283 units. Hero MotoCorp sold a total of 54,45,251 units last fiscal with a market share of 28.84 per cent as compared with market share of 25.37 per cent for the Japanese two-wheeler maker, according to the automotive dealer' body FADA. TVS Motor company secured third position last fiscal with sales of 33,01,781 units, achieving a market share of 17.49 per cent. Overall, two-wheeler registrations rose 8 per cent to 1,88,77,812 units as compared to 1,75,27,115 units in 2023-24. In the passenger vehicle segment, Maruti Suzuki India continued to lead comfortably with retail sales of 16,71,559 units, registering a market share of 40.25 per cent. The auto major had sold 16,08,041 units in FY24 with a market share of 40.6 per

Bharat Forge, Balkrishna Industries tank upto 6% on Trump's 25% auto tariff

The Nifty Auto index, which tracks the performance of auto stocks, dropped 1.46 per cent, to hit an intraday low of 21,095 points.

Tata Motors, Motherson Sumi, others slip upto 7.5% on Trump 25% auto tariff

The fall in auto stocks came after the US President Donald Trump, on Wednesday, announced that he would impose a 25% tariff on all cars imported into the US that are not manufactured domestically

Uno Minda, Motherson Sumi, M&M: Top bets by Nuvama ahead of March'25 sales

According to analysts at Nuvama, the tractor industry volumes are expected to grow in double digits, with an approximately 16 per cent Y-o-Y increase in the domestic market

Hero MotoCorp shares rise after ₹525 crore investment in Euler Motors

Hero MotoCorp's stock rose as much as 3.1 per cent during the day to ₹3,711.9 per share

Hero MotoCorp hits 16-month low, stock down 24% from Feb high; here's why

Shares of Hero MotoCorp were down 2% to Rs 3,455.30 on the BSE in intra-day deal and were trading at its lowest level since November 2023.

Examining probe report on SEMPL, Hero; no final conclusion yet: MCA

The Ministry of Corporate Affairs (MCA) on Monday said it is examining the probe report on the affairs of Salt Experiences and Management Pvt Ltd (SEMPL) and Hero MotoCorp Ltd, and that no final conclusion should be drawn at this stage. In June 2023, an investigation was ordered into the affairs of SEMPL and Hero MotoCorp for alleged irregularities and the investigation was carried out through the Office of Regional Director (Northern Region) under the ministry. Later, the report was submitted to the ministry. In a statement on Monday, the ministry said the investigation report into the affairs of the two companies is under examination and that "no final conclusion should be drawn in this matter at this stage". The statement came amid recent reports claiming that the ministry has found no breach of corporate governance or fund diversion in the investigation. The ministry had ordered the probe in public interest under Section 210(1)(c) read with Section 216 of the Companies Act, 201

Bajaj Auto, Hero MotoCorp, Ola Electric hit 52-week lows; here's why

These two-wheeler makers' stocks have plunged between 40 per cent and 66 per cent from their respective 52-week highs

Hero MotoCorp eyes double-digit revenue growth next fiscal: CFO Anand

The country's largest two-wheeler maker Hero MotoCorp expects double-digit revenue growth next fiscal riding on the back of continued investments on new products and segments, according to Chief Financial Officer Vivek Anand. The company, which reported a revenue of Rs 10,260 crore for the December quarter, also anticipates a double-digit revenue growth in the current fiscal. "This year, the guidance we have given is for double-digit revenue growth. Looking at our first nine months performance and looking at how this quarter (fourth) has started, we believe that there will be a repeat next year, a double-digit revenue growth," Anand said in an analyst call. The company's consolidated revenue from operations for FY24 stood at Rs 37,789 crore as compared with Rs 34,158 crore in FY23. On the business outlook, he noted that the company would continue its investments behind new products and segments. "We remain consistent in our commitment towards investing behind the premium and EV ..

Hero MotoCorp faces challenges as market share declines, leaders quit

Company's market share is at its lowest in a decade, key executives are leaving, and new product launches have not performed as expected

Hero MotoCorp in crisis? Market share drops as rivals rapidly close the gap

Hero MotoCorp faces mounting challenges as market share declines, sales dip, and rivals like TVS and Honda gain ground. Leadership exits and EV struggles add to the pressure

New OBD emission norms to increase 2W prices by 1-2%: Hero MotoCorp

The new norms, which will come into force on vehicles produced after April 1 this year enhancing real-time emission tracking and diagnostic capabilities

Dividend stocks: MRF, Hero MotoCorp, ITC, 37 others to go ex-date next week

Here is the complete list of shares that will trade ex-dividend this week, along with their details

Stocks to Watch, Feb 7: Biocon, SBI, LIC, M&M, Bharti Airtel, Ola Electric

Stocks to watch on Friday, February 7, 2025: Here is the complete list of stocks buzzing to remain in focus during today's trading session

Markets Today: RBI MPC outcome; FIIs; M&M, ITC Q3; Chamunda IPO allotment

The Reserve Bank of India may cut the benchmark repo rate by 25 basis points to 6.25 per cent later in the day

Hero MotoCorp Q3FY25 results: Net profit up 1.3%, revenue rises 4.8%

The company said that on a standalone basis, it reported its highest-ever revenue for the first nine months of the financial year, reaching Rs 30,818 crore, up 10 per cent

Hero MotoCorp Q3 results: Net profit increases 12% to Rs 1,203 crore

Hero's motorcycle and scooter sales grew just 0.3% in the quarter, marking their weakest growth since July-September 2022

Q3 results, Feb 6: Hero MotorCorp, ITC, MRF, Airtel to post earnings today

Q3 company results, February 6: Hero Motorcorp, NMDC, PVR INOX, State Bank of India, JK Lakshmi Cement, and Apollo Tyres will release their reports for the Oct-Dec 2024 quarter

Markets Today: SBI, Hero MotoCorp Q3; Gold; FIIs; RBI MPC; Chamunda IPO

In the previous session, Sensex dropped 312.53 points, or 0.40 per cent, to close at 78,271.28, while Nifty50 ended lower by 42.95 points, or 0.18 per cent, at 23,696.30

Hero MotoCorp Q3 Preview: Net profit may climb up to Rs 1,130 crore YoY

Hero MotoCorp is expected to report a steady performance for Q3FY25, with revenue growth driven by higher average selling prices (ASPs) rather than volume growth, analysts said