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Hero MotoCorp Ltd (HROM.BO)

HROM.BO on Bombay Stock Exchange

2,768.90INR
13 Sep 2019
Change (% chg)

Rs31.60 (+1.15%)
Prev Close
Rs2,737.30
Open
Rs2,765.00
Day's High
Rs2,784.00
Day's Low
Rs2,718.00
Volume
28,102
Avg. Vol
33,341
52-wk High
Rs3,382.70
52-wk Low
Rs2,228.25

Latest Key Developments (Source: Significant Developments)

India's August Total Domestic Passenger Vehicle Sales Down 31.57%
Monday, 9 Sep 2019 

Sept 9 (Reuters) - TVS Motor Company Ltd ::INDIA'S AUGUST TOTAL DOMESTIC PASSENGER VEHICLE SALES DOWN -31.57% VERSUS YEAR AGO - INDUSTRY BODY.INDIA'S AUGUST DOMESTIC PASSENGER VEHICLE SALES AT 196524 VEHICLES - INDUSTRY BODY.INDIA'S AUGUST DOMESTIC PASSENGER CAR SALES DOWN 41.09% AT 115957 - INDUSTRY BODY.INDIA'S AUGUST COMMERCIAL VEHICLE SALES DOWN 38.71% AT 51897 - INDUSTRY BODY.INDIA'S AUGUST TWO-WHEELER SALES DOWN 22.24% AT 1514196 - INDUSTRY BODY.INDIA'S AUGUST PASSENGER VEHICLES PRODUCTION DOWN 24.42% AT 277432 - INDUSTRY BODY.INDIA'S APRIL-AUGUST TOTAL DOMESTIC PASSENGER VEHICLE SALES DOWN 23.54% VERSUS YEAR AGO AT 1,109,930 - INDUSTRY BODY.DROP IN PASSENGER VEHICLES AND PASSENGER CAR SALES IN AUGUST WORST EVER - INDUSTRY BODY.  Full Article

India Junior Finmin Says Open To Taking Carmakers Request For Tax Cuts To GST Council
Friday, 6 Sep 2019 

Sept 6 (Reuters) - India junior finance minister Anurag Thakur::SAYS GOVERNMENT WORKING CLOSELY WITH THE AUTO INDUSTRY ON A SCRAPPAGE POLICY.SAYS AUTO INDUSTRY MUST SEE ELECTRIC VEHICLES AS AN OPPORTUNITY, NOT A THREAT.SAYS HAVE RECEIVED MULTIPLE REQUESTS FROM CARMAKERS, DEALERS FOR A GST RATE CUT TO 18% FROM 28%.SAYS OPEN TO TAKING THE REQUEST FROM CARMAKERS TO THE GST COUNCIL.SAYS AUTO COMPANIES SHOULD ALSO APPROACH STATE MINISTERS TO REQUEST CUT IN GST RATES.  Full Article

India's June Total Domestic Passenger Vehicle Sales Down 17.54% Vs Year Ago - Industry Body
Wednesday, 10 Jul 2019 

July 10 (Reuters) - :INDIA'S JUNE TOTAL DOMESTIC PASSENGER VEHICLE SALES DOWN 17.54% AT 225,732 UNITS VERSUS YEAR AGO - INDUSTRY BODY.  Full Article

India's June Commercial Vehicle Sales Down 12.3% Vs Year Ago, Says Industry Body - TV
Wednesday, 10 Jul 2019 

July 10 (Reuters) - :INDIA'S JUNE TWO-WHEELER SALES 1.7 MILLION VEHICLES, DOWN 11.7% VERSUS YEAR AGO, SAYS INDUSTRY BODY - TV.INDIA'S JUNE COMMERCIAL VEHICLE SALES 70,771 VEHICLES, DOWN 12.3% VERSUS YEAR AGO, SAYS INDUSTRY BODY - TV.INDIA'S JUNE PASSENGER CAR SALES 139,000 VEHICLES, DOWN 24.1% VERSUS YEAR AGO, SAYS INDUSTRY BODY - TV.INDIA'S JUNE TOTAL VEHICLE EXPORTS AT 399,000 VEHICLES, UP 1% VERSUS YEAR AGO SAYS INDUSTRY BODY - TV.  Full Article

Hero MotoCorp Says Co's Shareholding In Ather Increased To 35.1% From 32.31%
Tuesday, 28 May 2019 

May 28 (Reuters) - Hero MotoCorp Ltd ::NEXT FUNDING ROUND OF ATHER HAS NOW BEEN COMPLETED.CCDS ISSUED TO COMPANY HAVE BEEN CONVERTED INTO COMPULSORILY CONVERTIBLE PREFERENCE SHARES.SHAREHOLDING IN ATHER INCREASED TO 35.10% (31.27% ON A FULLY DILUTED BASIS) FROM 32.31% (29.94% ON A FULLY DILUTED BASIS).  Full Article

Hero Motocorp Sees Mid Single Growth This Year - CNBC TV18
Tuesday, 14 May 2019 

May 14 (Reuters) - Hero MotoCorp Ltd ::LOOKING AT MID SINGLE GROWTH FOR THE ENTIRE YEAR - CNBC TV18.  Full Article

Hero Motocorp April Sales Of 574,366 Units
Thursday, 2 May 2019 

May 2 (Reuters) - Hero MotoCorp Ltd ::APRIL SALES OF 574,366 UNITS OF MOTORCYCLES AND SCOOTERS.  Full Article

Hero MotoCorp Feb Two-Wheelers Sales At 617,215 Units
Friday, 1 Mar 2019 

March 1 (Reuters) - Hero MotoCorp Ltd ::SALES OF 617,215 UNITS OF TWO-WHEELERS IN MONTH OF FEBRUARY 2019.SEES DEMAND SCENARIO IMPROVE ON INCREASED LIQUIDITY IN MARKET.DEMAND GROWTH CAN FURTHER BE STIMULATED IF GST RATE ON TWO-WHEELERS IS REDUCED TO 18% FROM PRESENT 28%.  Full Article

India's Hero Motocorp Oct Total Sales Up About 16.4 Pct
Thursday, 1 Nov 2018 

Nov 1 (Reuters) - Hero MotoCorp Ltd ::SAYS OCTOBER TOTAL SALES OF 734,668 UNITS VERSUS 631,105 UNITS LAST YEAR.  Full Article

India's Hero Motocorp Sept-Qtr PAT Falls 3.4 Pct
Tuesday, 16 Oct 2018 

Oct 16 (Reuters) - Hero MotoCorp Ltd ::SEPT QUARTER NET PROFIT AFTER TAX 9.76 BILLION RUPEES VERSUS PROFIT OF 10.10 BILLION RUPEES LAST YEAR.SEPT QUARTER REVENUE FROM OPERATIONS 90.91 BILLION RUPEES VERSUS 83.72 BILLION RUPEES LAST YEAR.CONSENSUS FORECAST FOR SEPT QUARTER PROFIT WAS 9.38 BILLION RUPEES.  Full Article

India's monthly passenger vehicle sales log worst-ever drop in Aug

NEW DELHI, Sept 9 India's monthly passenger vehicle and car sales recorded their steepest fall ever in August, according to data released by an industry body on Monday, highlighting the continued slowdown in the sector amid assurances by the government for revival.