Feb 10, 2016 04:15 PM IST
Volume growth in Q3 was tepid, hence revenue growth is likely to be in low single digits. Volume in Q3 was up 2.5 percent at 16.90 lakh versus 16.48 lakh units (YoY). Tepid volume run rate is expected in key models like Passion and Splendor which have high rural exposure as rural slowdown concerns continue.
- Oct 21, 2015 09:48 AM IST
In an interview to CNBC-TV18's Latha Venkatesh & Sonia Shenoy, Mihir Jhaveri of Religare Capital Markets shared his readings and outlook on two big Nifty companies which reported their numbers, ACC and Hero Motocorp.
- Oct 19, 2015 04:49 PM IST
Total volumes may fall 4.4 percent at 1.57 lakh units from 1.64 lakh units (Y-o-Y) due to subdued demand environment in rural markets. During the period, EBITDA is seen up 7 percent at Rs 997.5 crore compared to Rs 934.7 crore while operating profit margin (OPM) may come in at 14.9 percent versus 13.5 percent (Y-o-Y).
- Aug 04, 2015 10:51 AM IST
The two-wheeler maker's net profit surged 33 percent to Rs 750.3 crore versus poll that had forecast Rs 692.1 crore.
- Aug 01, 2015 02:24 PM IST
Revenue may see muted growth on lower sales volumes, rising 0.6 percent to Rs 7,081 crore from Rs 7,037 crore during the same period, according to average of estimates of analysts polled by CNBC-TV18. It may be supported by higher realisations that may rise 3.3 percent to Rs 42,167 per unit Y-o-Y.
- May 06, 2015 04:59 PM IST
Hero Motocorp is expected to report a 18.3 percent growth (year-on-year) in profit after tax at Rs 656 crore for the quarter ended March 2015 due to discontinuation of royalty payments to Honda, according to a CNBC-TV18 poll. The two-wheeler maker will announce its earnings on Thursday.
- Feb 02, 2015 05:29 PM IST
Hero Motocorp's third quarter profit is expected to increase 31 percent year-on-year to Rs 689 crore, according to the average of estimates of analysts polled by CNBC-TV18.
- Nov 11, 2014 09:12 AM IST
Prakash Diwan is bullish on Escorts despite lower-than-expected Q2 earnings due to possibility of increase in sales from its constriction equipment segment which is a huge area of margin growth for the company.
- Nov 07, 2014 01:00 PM IST
Yogesh Munjal, MD, Munjal Showa Limited says margins should expand if demand is strong. He expects 11 percent revenue growth in FY15.
- Nov 03, 2014 01:10 PM IST
IIFL's auto research analyst Prayesh Jain has downgraded M&M's growth forecast post its poor Q2 numbers.
- Oct 16, 2014 07:14 PM IST
Surjit Arora of Prabhudas Lilladher expects the stock to see some knee-jerk reaction on opening and is also downgrading the earnings estimate by 2-3 percent.
- Oct 16, 2014 03:01 PM IST
Revenues are expected to decrease by 0.6 percent Q-o-Q (up 22.2 percent Y-o-Y) to Rs 6997.5 crore, according to ICICIdirect.
- Oct 16, 2014 11:27 AM IST
Sales are expected to decrease by 2 percent Q-o-Q (up 21 percent Y-o-Y) to Rs 6915 crore, according to KR Choksey and Securities.
- Oct 16, 2014 08:54 AM IST
Prayesh Jain, however, recommends accumulating Bajaj Auto at current market price.
- Oct 15, 2014 05:48 PM IST
Top two-wheeler maker Hero Motocorp is expected to report a 43 percent growth (year-on-year) in net profit at Rs 689 crore in the quarter ended September 2014 as the company does not need to pay any more lump sum royalty payment to Honda.
- Oct 14, 2014 06:53 PM IST
Surjit Arora, Research Analyst, Prabhudas Lilladher prefers investing in Hero MotoCorp over Bajaj Auto.
- Aug 18, 2014 04:55 PM IST
As the earnings season winds up and most of India‘s notable corporates have posted their quarterly results updates, net profits were slightly ahead of estimates, according to projections by brokerage firm Kotak, but there was â€œlimited evidence of a meaningful upgrades to earningsâ€.
- Jan 30, 2014 08:09 PM IST
In an interview with CNBC-TV18‘s Sonia Shenoy, Nishant Vass, Auto Analyst, ICICI Direct, spoke about Hero MotoCorp‘s third-quarter earnings and his view on the stock going forward.
- Jan 30, 2014 09:56 AM IST
Hero Motocorp, the country's largest two-wheeler manufacturer, will announce its third quarter earnings today. Profit after tax is seen going up 27 percent to Rs 621 crore versus Rs 487.9 crore Y-o-Y.
- Oct 23, 2013 07:58 PM IST
Last year, festival time was a record time, and Anil Dua, senior VP, sales at Hero Motocorp expects the same to happen this year as well.
- Oct 23, 2013 09:59 AM IST
According to Prabhudas Lilladher, Hero Motocorp to report a 17.6 percent degrowth quarter-on-quarter (up 2.6 percent Y-o-Y) in net profit at Rs 451.8 crore.
- Oct 23, 2013 09:56 AM IST
According to Motilal Oswal, Hero Motocorp may report a 20.4 percent degrowth quarter-on-quarter (down 0.9 percent Y-o-Y) in net profit at Rs 436.7 crore.
- Oct 23, 2013 09:54 AM IST
According to KR Choksey, Hero Motocorp may report a 10 percent degrowth quarter-on-quarter (up 12 percent Y-o-Y) in net profit at Rs 492 crore.
- Oct 22, 2013 07:54 PM IST
Earnings before interest, tax, depreciation and amortisation (EBITDA) may climb 13 percent Y-o-Y to Rs 813 crore and operating profit margin is likely to increase 40 basis points to 14.2 percent in the quarter gone by.
- Jul 24, 2013 06:43 PM IST
Two-wheeler major Hero MotoCorp‘s first quarter earnings are not very exciting for the stock trajectory and the counter may test Rs 1600-1650 levels again, noted Basudeb Banerjee, Research Analyst, Quant Broking.