This is the second consecutive month that Hero has sold six-lakh plus units
Company's motorcycle range begins at Rs 40,000 and goes up to Rs 107,000
The bike comes with new BS IV compliant engine with Hero's patented i3S technology
However, Munjal will continue to hold 32,500 equity shares of the company
However, he will continue to hold 32,500 shares, 0.02 per cent of the paid-up capital, as an individual shareholder
Income from operations rose 7.7% to Rs 7,901 cr in the quarter against Rs 7,336 cr in the same period last year
Company had registered a net profit of Rs 747.54 crore during the April-June period last financial yeah
The stock hit a fresh record high of Rs 3,556, up 3% on the NSE after the company reported 18% YoY growth in profit at Rs 883 crore for the quarter ended June 30, 2016.
Posts net profit of Rs 883 crore for June quarter against Rs 747 crore in the corresponding period of last year
The company sold 4,87,580 units in July 2015
To focus on Hero Corporate Services & independent business after his tenure ends in August
Plans to focus his time and energy on independent and core businesses and pursue new business interests
Investors drive stock to new high as rainfall cheers
Priced at Rs 53,300 (ex showroom, Delhi), the bike has been built on a completely new chassis and frame
Asian Paints, IndusInd Bank and Kotak Mahindra Bank from Nifty 50 index hit 52-week highs in intra-day trade.
Malo Le Masson's appointment comes less than three months after the company inaugurated its Centre of Innovation and Technology in Jaipur
Country's largest two-wheeler maker Hero MotoCorp today appointed Malo Le Masson as the head of global product planning. Masson, formerly with Infiniti premium car brand of Nissan Motor Company, will spearhead Hero's entire product planning for its global markets including the domestic market in India, Hero MotoCorp said in a statement. He joins Hero MotoCorp from Infiniti Motor Company - Hong Kong, where he was the global head of product long-term strategy since 2013. Prior to that, he was associated with the Nissan Motor Company, engaged in various projects and product planning roles at global as well as European level. "We are taking giant strides in our journey towards becoming a truly global company and with the appointment of Malo in this core function, we have taken a decisive step towards aligning our future product development to our overall corporate strategy," Hero MotoCorp Managing Director and CEO Pawan Munjal said. With his extensive global experience and varied ...
Market demand was expectedly subdued in May, due to heavy retail offtake in April on account of marriage season and regional festivals
The move comes after it tasted success with online sales in its tie-up with Snapdeal
Newly formed 'Hero MotoSports Team Rally' will debut at Merzouga Rally in Morocco later this month