Page 20 - Hero Motocorp

Derivatives strategy on Hero MotoCorp by HDFC Securities

Derivative strategy by Nandish Shah, Senior Technical & Derivative Analyst, HDFC Securities.

Hero MotoCorp asks govt for phased GST reduction to avoid revenue losses

The two-wheeler market in India is pegged at around 20 million units per year with lower than 150-cc bikes accounting for the bulk of sales

Hero MotoCorp Q2 consolidated net profit down 10% at Rs 883.73 cr

During the second quarter, the company said it sold 16,91,420 units as against 21,34,051 units in the same period last year, down 20.7 per cent

Hero MotoCorp launches first BS-VI compliant Splendor iSmart at Rs 64,900

This marks the commencement of the transition of Hero MotoCorp's product range to BS-VI norms, Le Masson added.

Hero MotoCorp declares interim dividend of Rs 55 per share

Shares of Hero MotoCorp closed at Rs 3299.40 apiece, down 0.65% on BSE

Hero MotoCorp raises prices by up to Rs 2,200

Company sales dipped 3.49% to 5,91,306 units last month

Honda closing in on Hero; gap down to 12,300 in April

The domestic two wheeler industry has seen interesting moves last month. The battle for market leadership between Hero MotoCorp and former partner Honda in the world's biggest two wheeler market is intensifying. Japanese two wheeler major Honda has closed the large gap with market leader Hero MotoCorp and has come to a striking distance of the numero uno position. While it could be one-off case but in April Honda has sold a record 5.79 lakh two wheelers, just 12,300 units less than the market leader Hero. This also includes small export volumes.Last month, when Hero's sales declined more than three per cent, Honda managed to grow volumes by 34 per cent, on the back of a 40 per cent surge in scooter sales. All these numbers are based on sales to dealers. It is learnt that Hero's production plans have been impacted due to a constraint in the supply of some components from certain vendors and the company is trying to resolve this issue quickly. The company did not comment as it is in a ..

Hero MotoCorp May sales up 9% at 0.6 million units

The company had sold 5,83,117 units in May 2016, Hero MotoCorp said in a statement

Hero MotoCorp to invest Rs 2500 crore in next 2 yrs, crosses 70 mn in sales

Company to expand its international footprint to expand to 50 countries by 2020

Hero MotoCorp crosses 1 mn sales mark this festive season

The company has achieved the milestone with still around three weeks remaining in the current festive season

Top 10 biz headlines: Auto sector in low gear, FM on economy booster & more

From FM Sitharaman announcing that talks are on with PMO to revive the slowing economy to slowdown in the auto industry, here are the top business headlines for Saturday

Hero MotoCorp board clears Rs 450-cr investment in Hero FinCorp Ltd

The company's board has considered and approved an investment of up to Rs 450 crore in HFCL by subscribing to the issue of shares by way of private placement in one or more tranches

Hero MotoCorp bikes set to get costlier by Rs 2,000 from January 1

Auto manufactures have increased prices owing to the transition cost for migrating to the BS-VI platform

Hero MotoCorp to begin production at Chittoor plant by Dec 2018

It will provide employment to 1,500 people in the 1st phase & another 3,500 in the subsequent phases.

152 stocks from BSE500 index hit 52-week lows

Adani Ports, Bharti Airtel, Hero MotoCorp, Maruti Suzuki, Eicher Motors, Zee Entertainment, Jet Airways and IndiGo from the S&P BSE500 index hit their respective 52-week low today.

Bajaj Auto, Hero MotoCorp, Tata Motors hit 52-week low

Shree Cement, Grasim Ind, Container Corporation, Indian Bank, Motilal Oswal Financial, Edelweiss Financial and Oracle Financial Services were among 10 stocks from the S&P BSE 200 index hit 52-week low

Hero MotoCorp, M&M rise 5% post October sales

Hero MotoCorp (Rs 2,934) and M&M (Rs 794) up 5% after these companies posted more than 15% year-on-year growth in total sales during the month of October.

Here's what analysts expect from Hero MotoCorp's FY19Q4 results today

The update on demand trend in rural and urban markets and new model launch pipeline will be the key monitorables

Hero MotoCorp renews ISL sponsorship for next three years at Rs 160 cr

Hero MotoCorp has renewed its association with the Star India and IMG Reliance-promoted Indian Super League (ISL) for another three years, tripling its investment in the domestic football tournament. On board since the league's launch in 2014, Hero's previous deal with ISL was valued at $8 million (around 51 crore) for three years. The renewed deal is estimated at $25 mn (Rs 160 crore) for another three years. "ISL has proven a success in terms of spectatorship (in-stadia attendance) and followership (TV viewership, social media engagement). As part of our strategy on football, we have tried not only to create a domestic football league to promote the sport but also attempt to increase the width of the games available to viewers. Hero's commitment affirms the belief (we have) that the league is primed for a revenue upswing as well," says Sanjay Gupta, managing director of Star India. Hero's commitment will extend further than the title sponsorship to in-stadia visibility and on-air ..

BSE Auto index hits record high

Eicher Motors, Hero MotoCorp and Bajaj Auto have rallied between 3% and 6% on BSE.