The Hero Group, the country’s largest two-wheeler maker, signed an agreement last week with Marriott International, the America-based global operator of a broad portfolio of hotels and lodging facilities, to manage the former’s first hotel in
Hero MotoCorp’s stock fell nearly eight per cent on Thursday, deflating most of its strong run last month. This reflected investor sentiment on a slower growth outlook and company guidance for significantly lower dividend.
Hero MotoCorp has slipped more than 6% at Rs 2,108 in morning trades after reporting lower-than-expected 20% year-on-year (y-o-y) growth in net profit at Rs 604 crore for the quarter ended March 2012, due to higher raw material cost.
Hero MotoCorp, the world's largest two-wheeled vehicle manufacturer, hiked prices and targeted industry-beating future sales growth as it blamed forex movements and rising input costs on quarterly profit that missed estimates.
Two-wheeler motorcycle manufacturer Hero MotoCorp reported a 20.3% rise in net profit at Rs 603.5 crore for the quarter ended March 31, 2012. It was Rs 501.6 crore in the same period a year ago.
Honda Motorcycle and Scooter India (HMSI), the Indian subsidiary of Honda Motor Company, last year grew the fastest among two-wheeler companies in the country — at double the rate logged by the industry.
Riding high on new launches and its rapid expansions into the hinterlands, Hero MotoCorp has pushed its total production capacity to seven million units — that is, more than 800 units per hour.
Shares of rate sensitive sectors such as banking, real estate and automobiles have bounced back between 3 - 6% from day’s low after the Reserve Bank of India (RBI) cut interest rate by 0.50 percentage, or 50 basis points (bps) points, to boost the
While a slowing in sales volumes has taken the shine off Hero MotoCorp’s (Hero) stock, down four per cent in April against a one per cent fall in the Sensex, the expected rise in competitive pressures over the coming months and slowing industry
Hero MotoCorp has dipped 2% to Rs 2,012 in otherwise firm equity market in late noon trades after the country's largest two-wheeler maker reported 2.4% jump, slowest in past five months, in its March sales at 528,290 units.
It’s a given fact that the finance minister (FM) will levy higher taxes on the auto sector. However, it’s the quantum that will determine what happens to the stocks.
Hero MotoCorp, the country’s largest two-wheeler maker, has inked an agreement with US-based Erik Buell Racing (EBR) to source high-end technology for developing new products, 14 months after its partnership with Honda Motor Corporation ended.
Hero MotoCorp, the world's largest two-wheeled vehicle manufacturer, said on Wednesday it had entered into a partnership with US motorcycle company Erik Buell Racing (EBR).
Goldman Sachs has upgraded Hero MotoCorp to 'Buy' from 'Neutral' and raised target price to Rs 2,356 from Rs 1,909 as it believes Hero's recent underperformance on demand and competitive concerns provides an attractive entry point.
The country's largest two-wheeler maker Hero MotoCorp today reported its highest-ever sales of 520,272 units for January, 2012, a 11.52% increase vis-a-vis the corresponding month last year.
Hero MotoCorp has registered a net profit growth of 43 per cent at Rs 613 crore for the reporting quarter on the back of better growth in income from operations, the country’s biggest two-wheeler maker said on Thursday.