At least 324 people have so far been found to have contracted the disease in India
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The company has already stopped production of all BS-IV products and is now manufacturing only BS-VI products, Hero MotoCorp said
The company has said the loss due to the ongoing issue of Coronavirus, if any, is not quantifiable and will depend on the developing situation in China.
This will be the 15th successive edition to be sponsored by motorcycle market leader Hero MotoCorp, who took over the title sponsorship in 2005
It expects to end the ongoing financial year with a 7.5 per cent increase in sales over last year, said the company's top officials
For Hero MotoCorp, keep a stop at Rs 2,265 and go short
As the future of electric mobility (e-mobility) knocks on the door of the Indian auto industry, Munjal, 65, tells Arindam Majumder about his future-ready plans
The company also unveiled premium bike Xtreme 160R which will hit the markets in March
Two-wheeler market leader Hero MotoCorp on Friday launched BS-VI compliant version of its popular Splendor+ motorcycle with price starting at Rs 59,600. The company also introduced BS-VI versions of its two scooter models -- Destini 125 and Maestro Edge 125 with price starting at Rs 64,310 and Rs 67,950 (all prices ex-showroom Delhi) respectively, Hero MotoCorp said in a statement. Commenting on the launch, Hero MotoCorp Head - Global Product Planning Malo Le Masson said, "With Splendor+ BS-VI, the updated Destini 125 BS-VI and Maestro Edge 125 BS-VI, we have migrated almost our entire portfolio shift to BS-VI norms, well ahead of the deadline." He further said,"At Hero MotoCorp we are geared-up for exciting times in the coming weeks with a lineup of new product launches, which should help in reinvigorating customer sentiments as well." The new products have been designed and developed completely in-house at the company's R&D hub - the Center of Innovation and Technology (CIT) at .
The total income declined 10.7% to Rs 7259.39 crore during the quarter compared to Rs 8128.16 crore in the same period of previous year
The company had posted a net profit of Rs 772.81 crore for the corresponding period of previous fiscal, Hero MotoCorp said in a filing to the BSE.
A total of 135 companies are scheduled to announce their December quarter earnings today including Eicher Motors, Hero MotoCorp, Sun Pharma, and RITES
HMCL is expected to report muted performance in Q3FY20E primarily tracking decline in volumes and associated perils of negative operating leverage amidst benign raw material costs, analysts say.
The company had sold 5,82,660 units in the year-ago period, the two wheeler major said in a statement.
The country's largest two-wheeler maker Hero MotoCorp on Wednesday said it has commenced despatching of its first BS-VI compliant scooter model -- Pleasure+ 110 FI. The scooter in BS-VI avatar is priced at Rs 54,800 for self-start sheet wheel and Rs 56,800 for self-start alloy wheel trim. "We have been smoothly migrating to BS-VI norms, with the Pleasure+ 110 BS-VI coming in quick succession to the HF Deluxe and Splendor iSmart BS-VI motorcycles," Hero MotoCorp Head - Global Product Planning - Malo Le Masson said in a statement. Given the strong customer connect of brand Pleasure, the company is confident that the new Pleasure+ too will be a hit with the youth, he added. "We have lined up a slew of BS-VI products to be rolled-out in the market in the coming weeks," Masson said. The company has already introduced BS-VI compliant versions of HF Deluxe and Splendor iSmart bikes. The updated Pleasure+ 110 BS-VI has been designed and developed completely in-house at the company's R&D
Book review of The Making of Hero Four Brothers, Two Wheels and a Revolution that Shaped India
Hero MotoCorp has made another higher bottom formation pattern in the daily chart to imply strength and potential to rise further to give a breakout above the previous peak of 2,480