Hero MotoCorp raises capex for FY22 to up to Rs 1,000 crore

Move follows better-than-expected recovery in demand in recent months. From an average 2.61 lakh units per month during April-July, Hero MotoCorp sales touched 5.91 lakh units a month in the September-January period. Company ready to make provisions for more spends if demanded by the market.

Buy Hero Motocorp; target of Rs 3890: HDFC Securities

HDFC Securities is bullish on Hero Motocorp has recommended buy rating on the stock with a target price of Rs 3890 in its research report dated February 06, 2021.

Buy Hero MotoCorp; target of Rs 4000: ICICI Direct

ICICI Direct is bullish on Hero MotoCorp has recommended buy rating on the stock with a target price of Rs 4000 in its research report dated February 06, 2021.

Hero MotoCorp: Well positioned to cruise smoothly

Demand for Hero' MotoCorp's products is expected to be on an upward trajectory on the back of customer preference towards personal mobility, positive rural sentiment and new products, especially in the premium segment

Hero aims to benefit from Harley brand image, joint product development on track

Earlier this week both companies announced the setting up of a new business unit that would be tasked to sell Harley-Davidson bikes in India through a network of 11 dealers.

Hero Motocorp Standalone December 2020 Net Sales at Rs 9,775.77 crore, up 39.72% Y-o-Y

Hero MotoCorp hits 52-week high post strong Q3 numbers

Broking house Motilal Oswal has kept buy rating on the stock.

Hero MotoCorp Q3 net profit jumps 23%; company declares interim dividend

The board of directors declared an interim dividend at 3250% i.e. Rs 65 per equity share (face value of Rs 2 per equity share) for the financial year 2020-21.

Hero MotoCorp Q3 preview: Profit may grow around 10% on strong revenue growth

Kotak expects EBITDA to increase by 24 percent YoY led by operating leverage benefits in Q3FY21, but expects EBITDA margin to decline by 156 bps YoY.

Hero MotoCorp sets up separate vertical for Harley-Davidson motorcycle sales

Harley-Davidson had closed its India operations in September last year as part of its global restructuring plan to pull out of loss-making markets. The company’s India operations were suffering and the curtains came down after 11 years.

Hero MotoCorp sales dip 3.14% in January

The company had sold a total of 5,01,622 units in the same month last year, Hero MotoCorp said in a statement.

Hero Moto may launch electric car, looks to expand beyond two-wheelers: Report

Hero MotoCorp already has a modular three-wheeler electric vehicle offering called Quark 1

Clash of the titans: Bajaj Auto, Hero MotoCorp square up for 2021 battle

Both companies ready slew of launches that will take place at regular intervals over the coming quarters as they vie for a bigger slice of India’s two-wheeler pie

Hero MotoCorp crosses 100-million milestone in cumulative production

Incorporated on January 19, 1984, Hero MotoCorp achieved its first one million cumulative production milestone in 1994 and went on to cross 50 million units in 2013 and 75 million units in 2017.

Hero MotoCorp Q3 PAT may dip 7.9% YoY to Rs. 811 cr: ICICI Direct

Net Sales are expected to increase by 39.4 percent Y-o-Y (up 4.1 percent Q-o-Q) to Rs. 9,752 crore, according to ICICI Direct.

Auto industry: ending the year on a high note!

The recovery in automotobile was not restricted to the festive season. The demand momentum continued beyond the festive season as well. The wholesale data for the month of December corroborates the same.

Hero MotoCorp sales up 5% to 447,335 units in December

In the domestic market, sales stood at 4,25,033 units last month as compared with 4,12,009 units in the same period a year ago, up 3.16 percent.

Buy Hero MotoCorp: target of Rs 3496: Sharekhan

Sharekhan is bullish on Hero MotoCorp has recommended buy rating on the stock with a target price of Rs 3496 in its research report dated December 30, 2020.

BMW Group India to hike prices on cars by up to 2% from January 4

Previously, firms like MG Motor, Renault India, Ford India, Maruti Suzuki India and Mahindra and Mahindra were stated to raise the prices of their vehicles from 2021.

Hero MotoCorp to raise prices of all its vehicles by up to Rs 1,500 from January 1

The firm cites the steady rise in commodity costs across the spectrum, including steel, aluminium, plastics, and precious metals as the reason for the hike.

Partnership with Harley to accelerate premium segment strategy: Hero MotoCorp

Hero MotoCorp, which is the leader in the budget bike segment (100-110cc), is also in the process of developing electric two- wheelers for both mass and premium segments.

Harley-Davidson dealers demand 'fair deal' after Hero MotoCorp absorbs only 10

Harley-Davidson Dealers Association said that the dealers continue to wait to hear from Harley-Davidson on the issue of adequate compensation.

Hero MotoCorp appoints Michael Clarke as COO, HR head

Michael Clarke will join the company with effect from January 1, 2021 and report to Pawan Munjal, Chairman and CEO of Hero MotoCorp, the country’s largest two-wheeler maker said in a statement.

Hero MotoCorp share price rises 7% on better sales during festival season

The sales were 98 percent of the company's festival season volumes in the previous year and 103 percent of 2018 numbers.

Buy Hero MotoCorp; target of Rs 3345: Geojit

Geojit is bullish on Hero MotoCorp has recommended buy rating on the stock with a target price of Rs 3345 in its research report dated November 03, 2020.