hero motocorp

Hero Motocorp Q2 PAT may dip 14.8% YoY to Rs. 832.1 cr: ICICI Direct

Net Sales are expected to decrease by 18.1 percent Y-o-Y (down 7.3 percent Q-o-Q) to Rs. 7,443.7 crore, according to ICICI Direct.

Hero MotoCorp sales dip 20% in September to 6,12,204 units

Hero MotoCorp Head of Sales, After-Sales & Parts Sanjay Bhan said that in order to attract first-time buyers, the company has introduced a host of special schemes including low down-payment, aggressive interest rates and easy EMIs.

Hero MotoCorp's capex may be lower than earlier forecast of Rs 1,500 crore in FY20

Hero MotoCorp had earmarked a capex of Rs 700 crore in 2018-19.

Auto stocks bleed: Here's how much investors have lost in a year

As there is a major slowdown being witnessed in the auto sector, stocks of major manufacturers have been badly hit. Check out how investor wealth has eroded between September 2018-19.

Hero MotoCorp urges govt for phased GST reduction, cut rates for 2-wheelers right away

The country's largest two-wheeler maker said the move would help the government contain potential revenue loss, and at the same time provide relief to around 20 million probable two-wheeler buyers across the country.

60% of Nifty and 70% of Nifty500 stocks record ‘Death Cross’ on daily charts; a major selloff imminent?

The Nifty might have turned negative for 2019, but almost 60% of index constituents are in a bear grip as registered by the 'Death Cross' formation

Hero MotoCorp comes out with voluntary retirement scheme for employees

The compensation package offered under the VRS would include a one-time lump sum payout calculated on the basis of the number of years spent by the employee in the service of the company and his/her remaining years before retirement, taking 58 as the age of superannuation.

After Ratan Tata, Pawan Munjal boards Ola Electric; investment delinked from Hero MotoCorp

Hero MotoCorp denies investing in Blu Smart Mobility

Last week, Blu Smart Mobility had claimed that it had raised a $2.2 million in an angel round from multiple investors, led by JITO Angel Network.

TVS Group's Sundaram-Clayton announces temporary production shut down

SCL said it will be shutting its Padi factory in Tamil Nadu for two days owing to slowdown in the automotive industry.

Market Headstart: Nifty likely to open flat; Hero MotoCorp, Yes Bank among top buy ideas

Trends on SGX Nifty indicate a flat to positive opening for the broader index in India, with 0.09 percent gain or 10 points. Nifty futures were trading around 11,081-level on the Singaporean Exchange.

Hero MotoCorp unveils initiative to deliver bikes, scooters at customer doorstep

Hero MotoCorp, which sells one out of every two motorcycles sold in the country, has come up with a portal where customers can go and book home delivery of their vehicle at a nominal charge of Rs 349.

Hold Hero MotoCorp; target of Rs 2200: ICICI Direct

ICICI Direct recommended hold rating on Hero MotoCorp with a target price of Rs 2200 in its research report dated July 31, 2019.

Accumulate Hero Motocorp; target of Rs 2529: Prabhudas Lilladher

Prabhudas Lilladher recommended accumulate rating on Hero Motocorp with a target price of Rs 2529 in its research report dated July 30, 2019.

Buy Hero Motocorp; target of Rs 2875: HDFC Securities

HDFC Securities is bullish on Hero Motocorp has recommended buy rating on the stock with a target price of Rs 2875 in its research report dated July 31, 2019.

Hold Hero MotoCorp target of Rs 2550: Sharekhan

Sharekhan recommended Hold rating on Hero MotoCorp with a target price of Rs 2550 in its research report dated July 30, 2019.

Hero MotoCorp Q1: Brokerages maintain rating but cut target price despite a 38% rise in profit

Morgan Stanley maintained its underweight call on Hero MotoCorp post Q1 results but reduced its target price to Rs 2143 from Rs 2459 earlier.

Hero Motocorp Standalone June 2019 Net Sales at Rs 8,030.27 crore, down 8.85% Y-o-Y

Hero MotoCorp Q1 profit surges 38% on one-time gain, subdued volume drags revenue 9%

The overall economic and customer sentiments continued to be soft during the first quarter of this fiscal and their impact is clearly visible in the performance of the auto sector, Niranjan Gupta, Chief Financial Officer said.

Hero MotoCorp Q1 profit may fall over 15% amid subdued volume; sequential growth seen on all counts

Company's volumes declined by 12.4 percent YoY to 18 lakh units, but sequentially volumes grew by 3.5 percent.

Auto sector woes seem endless, stocks skid 1-6% amid subdued Q1 nos, proposal to hike registration fees

The Ministry of Road Transport and Highways (MoRTH) released a draft notification dated July 24 to increase vehicle registration fees.

Family pact may not allow Pawan Munjal to use Hero brand name for EVs

Hero Motocorp Q1 PAT may dip 10.9% YoY to Rs. 809.8 cr: Kotak

Net Sales are expected to decrease by 7.4 percent Y-o-Y (up 3.5 percent Q-o-Q) to Rs. 8,158 crore, according to Kotak.

Govt's electric vehicle push: Watch out for these 4 stocks which can return up to 26%

As compared to other countries, the market share of electric cars is extremely low in India.

Hero Motocorp Q1 PAT may dip 15.7% YoY to Rs. 766.3 cr: Prabhudas Lilladher

Net Sales are expected to decrease by 6.6 percent Y-o-Y (up 4.4 percent Q-o-Q) to Rs. 8,229.3 crore, according to Prabhudas Lilladher.