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.
A personal economy incorporates all the things that we value the most – family, home, passions, work and much more. On this series, we explore these key elements, so what better place to start with than from where we all have come – our home.
Personal Economy Summit explores the concept of an economy that is very specific to an individual, a personal economy that incorporates the things that we value most, Family, Home, Passion and Work. This episode takes a look at a recently held Personal Economy Summit Your Wealth and Beyond presented by HSBC Premier in partnership with CNBC-TV18.
India Healthcare Awards continue to recognize and celebrate the passion and commitment to provide the very best in healthcare. Watch accompanying videos for the glorious award ceremony of the India Healthcare Awards.
The stock has been on buyers‘ radar in this month. It had hit record high at Rs 3099 per share intraday on October 22, hoping to rake in strong sales during the festive season.
Here is a list of the announcements that have come from various auto companies and a look at how cheap their bikes and cars are expected to get, as a result of the excise duty.
Aptly named the 'Dream' series, Yuga and Neo were Honda's answer to dislodge erstwhile partner Hero from the number one slot by 2015.
Although Hero's volumes declined 5 percent last quarter amid the overall slowdown in the industry, it has managed to regain market share back to 54 percent in motorcycles and scooters too its share is up to 21 percent from 19 percent.
India's largest two-wheeler maker Hero MotoCorp's fourth quarter (January-March) net profit fell by a lower-than-expected 5 percent year-on-year to Rs 574.3 crore.
In an interview to CNBC-TV18 Ajay Shethiya of Centrum Broking shared his outlook on auto stocks and the strategy to play the sector.
India's largest two-wheeler manufacturer Hero MotoCorp plans to launch 8-10 new products and refreshes this financial year (FY13). It has already launched the Ignitor motorcycle and Maestro scooter this year.
Hero MotoCorp surprised the street with a 12% decline in August sales, even as rival Honda Motorcycle and Scooter India continued to clock good volumes.
India's largest two-wheeler maker Hero MotoCorp is raising production capacity at its plants to 7 million units per year from 6.2 currently to meet steady demand.
Bill Gates, one of the world's richest men and one of its best known philanthropists, said on Monday he hopes his passion for giving will soon start to take hold among the super-rich of China and India.