Page 16 - Hero Motocorp

New launches, exposure to rural segment to drive Hero MotoCorp's gains

Shift to personal mobility helped improve firm's market share

MARKET: Sensex slips 433 pts ahead of AGR hearing; Nifty Bank down over 2%

All that happened in the markets today

Hero MotoCorp shares slip 2% after June quarter profit plunges 95% YoY

The company is already seeing green shoots, and expects them to sustain and get stronger as it moves toward the festive season

Covid-19 impact: Hero MotoCorp Q1 net profit falls 95% to Rs 58 crore

The company had posted a net profit of Rs 1,256.69 crore during April-June period of previous fiscal

Benchmarks settle flat, Nifty ends at 11,300; Bharti Airtel slips over 2%

All that happened in the markets today

Hero MotoCorp Q1 preview: Profit may dip up to 94% YoY as sales take a hit

According to analysts, Hero MotoCorp's channel inventory levels, demand outlook and customer response for new products launched will be the key monitorables

Maruti, Hero plan steep production ramp up ahead of festive season

Maruti suppliers double the inventory to ensure uninterrupted supplies

Two-wheeler sales show recovery in July; firms dispatch 769,045 units

The year-on-year decline also narrowed to 4.4% in July from the high double-digit decline in the previous month

Weekly stock picks by Religare Broking: Buy Godrej Consumer, Hero MotoCorp

Godrej Consumer's stock has been trading with a corrective bias for the last three weeks

Hero MotoCorp invests Rs 84 cr in smart scooter maker Ather Energy

Ather is now entering an aggressive expansion phase and is looking to scale to 20 cities by the end of 2021

Covid-19 impact: Aviation, automobile sectors see worst tax outgo in Q1

Maruti Suzuki, Bajaj Auto, and Hero MotoCorp's tax collections were down 60-85 per cent.

Changes and challenges for automakers as India eases coronavirus lockdown

March and April were the cruellest for automakers because of a nationwide lockdown. As economic begins to pick up, Surajeet Das Gupta explains how automakers can get business in these uncertain times

Hero MotoCorp hits 10-month high; stock zooms 93% from March low

Analysts expect the company to be least impacted by the Covid-19-led disruptions given their relatively strong recovery in the rural consumption basket.

2-wheelers facing blip, long-term India growth story intact: Hero MotoCorp

"The financial strength of the company augurs well and will help it successfully navigate itself into the future despite these trying times," said Chairman Pawan Kant Munjal

Economy may take 2-3 years to recover; more fiscal support needed: Munjal

Munjal said the road to recovery is going to be "rocky" and uneven because there will be sectors that will not recover.

Most stocks making positive contribution a healthy sign for market: Experts

During the June quarter, all the Nifty 50 components, but four posted gains. Market players said most stocks making positive contribution is a healthy sign for the market

Hero MotoCorp surges 5%, hits over 7-month high as June sales jump 4x MoM

The two-wheeler bellwether reported wholesale dispatches for the month of June at 4.5 lakh units, up from 1.12 lakh units sold in May.

Riding out the Covid-19 crisis: Auto shows pick-up signs in rural India

Maruti Suzuki India, the country's largest carmaker, on Wednesday reported a 53.8 per cent year-on-year decline in domestic passenger vehicle sales to 51,274 units in June due to Covid-19 crisis

Hero MotoCorp posts 27% dip in June sales, dispatches jump four-fold

The company had sold 6,16,526 units in June 2019 while it has despatched 1,12,682 units in May 2020

Hero MotoCorp hits over seven-month high; stock surges 56% in 3 months

Analysts at ICICI Securities believe HMCL has potential growth tailwinds in H2FY21 from rural recovery and downtrading in motorcycles