Page 12 - Hero Motocorp

Led by exports, Bajaj grabs pole position in India's motorcycle market

A week-long shutdown by Hero MotoCorp gives Bajaj Auto a marginal lead over its arch rival

Hero MotoCorp reports 35% slump in sales in April compared to prior month

The country's top two-wheeler maker Hero MotoCorp on Saturday said it has sold 3,72,285 units last month, down by 35 per cent from 5,76,957 units dispatched in March this year. The company said sales in April were subdued due to the temporary closure of plant operations and the retail outlets across several key territories in India on account of the impact of the second wave of COVID-19. The sales numbers of April 2021 were not comparable with the corresponding month of the previous year (April 2020), since no vehicles were manufactured and dispatched to dealers due to the nationwide lockdown after the outbreak of COVID-19, it added. The two-wheeler major further noted that in keeping with its commitment to the safety and welfare of its people and to break the chain of the spread of coronavirus, it has decided to extend the shutdown at its manufacturing facilities across India, its Global Parts Center (GPC) in Neemrana and the R&D facility the Centre of Innovation and Technology .

Hero MotoCorp unveils prices of latest Harley-Davidson range of bikes

The bikes are tagged between Rs 10.11 lakh and Rs 34.99 lakh in India (ex-showroom).

Top stock ideas from Anand Rathi: Buy Hero Moto, Welspun Corp

Off late, the private banks have underperformed but they are showing signs of base formation

Stocks to watch: Nestle India, Hero Moto, ICICI Securities, Cyient, Lupin

Cyient, Tata Elxsi and 10 other companies will release their quarterly earnings on April 22

Hero MotoCorp ties up with Taiwan's Gogoro with focus on electric mobility

The country's largest two-wheeler maker Hero MotoCorp on Wednesday said it has partnered with Taiwan-based Gogoro Inc to collaborate in the field of electric mobility. As per the partnership, the companies will establish a battery swapping joint venture to bring Gogoro's industry leading battery swapping platform to India and will collaborate on electric vehicle development to bring Hero-branded, powered by Gogoro network vehicles to market. "Today marks another major milestone in our journey, as we bring Hero's leadership in two-wheelers, our global scale and innovation powerhouse, with the leadership of Gogoro in swapping business model, as they have demonstrated over the years in Taiwan and rest of the world," Hero MotoCorp Chairman and CEO Pawan Munjal said in a statement. This partnership will further extend the work, which the company is doing at its R&D hubs at the Centre of Innovation and Technology (CIT) in Jaipur and Tech Centre in Germany, he added. The vision and ...

Hero MotoCorp halts production all across as precautionary measure

Firm says shutdown is due to massive and unrestrained spread of Covid-19 across the country

Hero MotoCorp to conserve ecological Aravali Biodiversity Park in Gurugram

Two-wheeler market leader Hero MotoCorp on Tuesday said it will work towards ecological restoration and conservation of the Aravali Biodiversity Park at Gurugram, in Haryana for the next 10 years

Nifty pullback can extend till 14,700: Vinay Rajani of HDFC Securities

Longs should be protected with the stoploss of 14,275 in Nifty

Hero MotoCorp to bear coronavirus vaccination cost of its workforce

The country's largest two wheeler maker Hero MotoCorp on Thursday said it will cover the Covid-19 vaccination cost of its workforce, including permanent and contractual employees

Last year's low base puts March sales of two-wheelers in top gear

Cumulative sales in March at the top five two-wheeler makers soared 75% to 1,421,600 units during the month against 808,692 units a year ago

Slowing entry segment volumes may derail Hero MotoCorp's sales trajectory

While overall two-wheelers sales are down, what is hurting Hero MotoCorp is that the slowdown is impacting the entry and executive segments the most

Hero MotoCorp sell 576,957 units in March on recovery in consumer demand

In March this year, the company registered highest-ever sales in Global Business in a single month by clocking 32,617 units

Sensex dips 627 pts as investors book profit on last trading day of FY21

The S&P BSE Sensex and Nifty50 have rallied 68 per cent and 70.8 per cent, respectively in FY21

RIL, banks drag Sensex 871 pts lower at 49,180, Nifty below 14,550

Weightage-wise, Reliance Industries, ICICI Bank, HDFC Bank, HDFC, Infosys, Axis Bank, ITC, and SBI were responsible for 600 points cut in the Sensex

Stocks to watch: Anupam Rasayan, Rail Vikas Nigam, Hero MotoCorp, RIL, IFCI

Tata Group's holding in Tata Communications has increased to 58.87 per cent after the government sold stake to Tata Sons' unit Panatone Finvest

Hero MotoCorp to increase prices by up to Rs 2,500 from April 1

The price increase across the range of two-wheelers will be up to Rs 2,500, and the exact quantum of the increase will vary on the basis of the model and the specific market

Hero MotoCorp, Bajaj Auto offer steep discounts to push key segment sales

Move reflects sustained pain in world's largest two-wheeler market, as it covers two segments accounting for 75% of its size and comes despite spike in input costs

Hero MotoCorp shares rise nearly 4% as sales rise in February

The two-wheeler maker reported rise in total sales during February

Hero MotoCorp rises 2%, nears 52-week high as February sales improve

The company's total motorcycle sales stood at 4.63 lakh units last month as against 4.79 lakh units in February 2020, down 3.25 per cent YoY