Heromotocorp

The Chennai-based company, with its prior experience in electric mobility, is developing models which it thinks would fulfil requirements of modern day customer.

Nifty breaks 8100 amid consolidation; Bajaj Auto, Hero Moto slip

The 50-share NSE Nifty breached 8100 level amid consolidation in morning trade. HDFC twins and two-wheeler stocks were under pressure while oil and PSU banks were strong.

Hero MotoCorp invests Rs 180 crore in smart scooter-maker Ather

Earlier, Pawan Munjal – Chairman and Managing Director, Hero MotoCorp had invested a small amount Gurgaon-based bike taxi aggregator – Rapido.

Hero Q2 profit jumps 28% to Rs 1004cr on EBITDA, volume growth

World's largest two-wheeler manufacturer Hero Motocorp's second quarter profit beat analysts' expectations on Wednesday, growing 27.7 percent year-on-year to Rs 1,004.2 crore, the highest ever in a quarter, on strong operational performance and volume growth.

Sensex sinks 200 pts, Nifty holds 8600; Bharti, Hero top gainers

Equity benchmarks fell further with the Sensex shedding more than 200 points on global weakness. Banking & financials drove the market lower whereas telecom and select auto stocks gained.

Hero Q2 profit seen up 20% on strong operational & volume growth

Two-wheeler maker Hero Motocorp is expected to continue to report strong earnings for another quarter on strong volume growth. Profit is seen rising 20 percent year-on-year to Rs 932 crore and revenue may grow 14.6 percent to Rs 7,838 crore in Q2, according to analysts polled by CNBC-TV18.

Nifty eyes 8650; HUL, Asian Paints, Lupin major laggards

Tata Steel, Axis Bank, Wipro, Cipla and NTPC are top gainers while Lupin, ICICI Bank, Hero MotoCorp, Asian Paints and HUL are losers in the Sensex.

Sensex, Nifty positive; Apollo Tyres up 4%, banks support

The rupee opened marginally higher by 7 paise at 61.84 per dollar on Tuesday as against previous day's closing value of 61.91 per dollar. The dollar index slipped below the 80 handle, while the euro dollar has spiked to 1.38 levels.

Bajaj Auto May sales slip 2% as CVs, Sri Lanka exports hit

India's second largest two-wheeler maker Bajaj Auto's sales in May declined 2% year-on-year to 3,52,219 units as commercial vehicles tumbled and exports to Sri Lanka continued to be hit.

Post Q3 earnings, Religare Cap's best bets: RIL, Hero Moto

It is not been very bad third quarter performance of most of the companies announced till now. However, Reliance Industries results was very disappointing along with the dampener buyback offer.