Royal Enfield on Monday reported a 10 per cent increase in total sales at 69,659 units in February
The country's largest two-wheeler maker Hero MotoCorp on Monday reported a 1.45 per cent increase in total sales at 5,05,467 units in February. The company had sold 4,98,242 units in the same month of the previous year, Hero MotoCorp said in a statement. Total motorcycle sales stood at 4,63,723 units last month as against 4,79,310 units in February 2020, down 3.25 per cent. Total scooter sales, however, increased over two fold to 41,744 units as compared with 18,932 units in the year-ago month, it added. In the domestic market, sales rose marginally to 4,84,433 units last month as compared with 4,80,196 units in the same period a year ago. Exports last month stood at 21,034 units as compared with 18,046 units in the year-ago period. "The growth in sales despite the ongoing challenges on account of supply chain issues that the industry is facing has been possible due to the state of preparedness and quick countermeasures taken by the company," the company said. Hero MotoCorp re
Its ability to make further inroads into premium bikes, scooters will be critical
The broader markets, however, came under selling pressure. The S&P BSE MidCap and SmallCap indices ended 0.93 per cent and 0.28 per cent lower, respectively
The company had reported a net profit of Rs 905.13 crore in the October-December period of the previous fiscal
IRFC has sold $750 million worth of dollar-denominated bonds to overseas investors priced at a coupon of just 2.80 per cent per annum
HCL Technologies has formed a global strategic alliance with Alteryx, Inc to help companies with analytics automation and digital transformation priorities
According to the monthly sales data, the company sold 18.45 lakh units in the quarter under review, up 19.8 per cent from the 15.40 lakh units sold in the year-ago quarter
Milwaukee-based Harley ended its sales and manufacturing operations in India in September after struggling for a decade to gain a foothold
Two-wheeler major Hero MotoCorp on Monday reported a 3.14 per cent decline in total sales to 4,85,889 units in January
At 02:50 pm, these three stocks were trading higher in the range of 2% to 4%, as against a 0.75% fall in the S&P BSE Sensex and 0.45% decline in S&P BSE Auto index
Bajaj Auto said the operating performance was driven by favorable mix, lower marketing spends, and operating leverage
Pawan Munjal, Chairman & CEO of the company, says strengthening premium segment will be the top focus.
The firm announced to introduce over 10 products annually in the next five years to keep its growth momentum
The sharp increase in prices of major commodities such as steel, aluminum, copper and rubber may dent auto industry's Q3 results
Hewland Engineering is UK-based transmission design technology firm
The volume in Colgate Palmolive stock was higher than average on January 11 which supports the price action and we can expect the upside momentum to continue
A false declaration by the insured could compromise the safety of the buyers to whom the vehicles are sold
The increase came on back of last year's low base
SMEV data shows that two-wheeler EV sales between April and December stood at around 80,000 units - 3,000 units in Q1 (April-June), rising to 35,000 units in Q2 and 42,000 in Q3