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Hero Motocorp Ltd

HROM.BO

Latest Trade

2,542.85INR

Change

-47.85(-1.85%)

Volume

20,410

Today's Range

2,532.45

 - 

2,615.85

52 Week Range

2,228.25

 - 

3,382.70

As of on the National Stock Exchange of India ∙ Minimum 15 minute delay

Latest Developments

Hero Motocorp Says Despatched 599,248 Units Of Two-Wheelers In October

Nov 1 (Reuters) - Hero MotoCorp Ltd <HROM.NS>::HERO MOTOCORP LTD SAYS IN OCTOBER 2019 THE COMPANY DESPATCHED 599,248 UNITS OF MOTORCYCLES AND SCOOTERS..

India's Hero Motocorp Sept Quarter Profit Falls

Oct 23 (Reuters) - Hero MotoCorp Ltd <HROM.NS>::SEPT QUARTER PAT 8.75 BILLION RUPEES VERSUS 9.76 BILLION RUPEES LAST YEAR.CONSENSUS FORECAST FOR SEPT QTR PROFIT WAS 7.84 BLN RUPEES .SEPT QUARTER REVENUE FROM OPERATIONS 75.71 BILLION RUPEES VERSUS 90.91 BILLION RUPEES LAST YEAR.VOLUMES OF 1.7 MILLION UNITS IN Q2 FY'20.RETAIL SALES DURING THE ONGOING FESTIVE SEASON HAVE BEEN QUITE STEADY SO FAR.GEARING UP FOR THE MARKET LAUNCH OF FIRST BS-VI MOTORCYCLE SOON AFTER THE FESTIVE SEASON.

India's Sept Total Domestic Passenger Vehicle Sales Drop 23.7% - Industry Body

Oct 11 (Reuters) - :INDIA'S SEPTEMBER TOTAL DOMESTIC PASSENGER VEHICLE SALES DOWN 23.69% VERSUS YEAR AGO - INDUSTRY BODY.INDIA'S SEPTEMBER TOTAL DOMESTIC PASSENGER VEHICLE SALES AT 223,317 VEHICLES - INDUSTRY BODY.INDIA'S SEPTEMBER DOMESTIC PASSENGER CAR SALES DOWN 33.4% AT 131281 VEHICLES VERSUS YEAR AGO - INDUSTRY BODY.INDIA'S SEPTEMBER COMMERCIAL VEHICLE SALES DOWN 39.06% AT 58419 VEHICLES VERSUS YEAR AGO -INDUSTRY BODY.INDIA'S SEPTEMBER TWO-WHEELER SALES DOWN 22.09% AT 1656774 VEHICLES VERSUS YEAR AGO -INDUSTRY BODY.INDIA'S SEPTEMBER PASSENGER VEHICLES PRODUCTION DOWN 18.12% AT 279644- INDUSTRY BODY.INDIA'S APRIL-SEPT TOTAL DOMESTIC PASSENGER VEHICLE SALES DOWN 23.56% VERSUS YEAR AGO - INDUSTRY BODY.INDIA'S PASSENGER VEHICLE EXPORTS IN SEPT UP 5.64% YOY - INDUSTRY BODY.INDIA AUTO INDUSTRY BODY EXEC SAYS AUTO INDUSTRY SEES GREEN SHOOTS EMERGING AFTER GOVERNMENT POLICY DECISIONS, PICKUP IN FESTIVAL SEASON DEMAND.INDIA AUTO INDUSTRY BODY EXEC SAYS INDUSTRY AWAITING GOVERNMENT INCENTIVES ON VEHICLE SCRAPPAGE.INDIA AUTO INDUSTRY BODY EXEC SAYS INDUSTRY OFFERING MUCH HIGHER DISCOUNTS DURING FESTIVAL SEASON COMPARED TO LAST YEAR.INDIA AUTO INDUSTRY BODY EXEC SAYS INDUSTRY TO WATCH OCT SALES BEFORE MAKING ANY FORECAST.INDIA AUTO INDUSTRY BODY EXEC SAYS FINANCIAL INSTITUTIONS STILL "CHOOSY" ON FINANCING AUTO PURCHASE.INDIA AUTO INDUSTRY LOOKING FORWARD TO IMPROVEMENT IN CONSUMER SENTIMENT IN CURRENT FESTIVE MONTH - INDUSTRY BODY.

India's August Total Domestic Passenger Vehicle Sales Down 31.57%

Sept 9 (Reuters) - TVS Motor Company Ltd <TVSM.NS>::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.

India Junior Finmin Says Open To Taking Carmakers Request For Tax Cuts To GST Council

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.

India Auto Industry Body Exec Says July Passenger Vehicles Sales Decline Is Worst Drop Since Dec 2000

Aug 13 (Reuters) - India Auto Industry Body Exec::INDIA AUTO INDUSTRY BODY EXEC SAYS SALES DATA SHOWS URGENT NEED FOR A REVIVAL PACKAGE FROM THE GOVERNMENT.INDIA AUTO INDUSTRY BODY EXEC SAYS 15,000 JOBS HAVE BEEN LOST AT CAR MAKERS ALONE.INDIA AUTO INDUSTRY BODY EXEC SAYS SALES ARE NOT PICKING UP DESPITE COMPANIES OFFERING DISCOUNTS, INCENTIVES.INDIA AUTO INDUSTRY BODY EXEC SAYS PRODUCTION CUTS, BLOCK CLOSURES AT CAR MANUFACTURING PLANTS ARE HAPPENING.INDIA AUTO INDUSTRY BODY EXEC SAYS JULY PASSENGER VEHICLES SALES DECLINE IS WORST MONTHLY DROP SINCE DEC 2000.INDIA AUTO INDUSTRY BODY EXEC SAYS DECLINE IN PASSENGER VEHICLES SALES IN DEC 2000 WAS 35.22%.INDIA AUTO INDUSTRY BODY EXEC SAYS LONGER IT TAKES FOR A REVIVAL PACKAGE TO COME, LONGER IT WILL TAKE FOR CONSISTENT SALES GROWTH TO COME BACK.INDIA AUTO INDUSTRY BODY EXEC SAYS WE ARE HOPEFUL OF A REVIVAL PACKAGE SOON.INDIA AUTO INDUSTRY BODY EXEC SAYS IF THIS INDUSTRY GOES DOWN, EVERYTHING GETS HURT. MANUFACTURING, JOBS AND REVENUE TO GOVERNMENT.

India's Hero MotoCorp June-Qtr PAT Rises

July 30 (Reuters) - Hero MotoCorp Ltd <HROM.NS>::JUNE QUARTER PROFIT AFTER TAX 12.57 BILLION RUPEES VERSUS PROFIT OF 9.09 BILLION RUPEES LAST YEAR.CONSENSUS FORECAST FOR JUNE QUARTER PROFIT WAS 7.78 BILLION RUPEES.JUNE QUARTER EXCEPTIONAL ITEM 7.37 BILLION RUPEES DUE TO REVERSAL OF PROVISION FOR NATIONAL CALAMITY CONTINGENT DUTY IN HARIDWAR PLANT.JUNE QUARTER REVENUE FROM OPERATIONS 80.30 BILLION RUPEES VERSUS 88.10 BILLION RUPEES LAST YEAR.OVERALL ECONOMIC, CUSTOMER SENTIMENTS CONTINUED TO BE SOFT DURING Q1, IMPACT CLEARLY VISIBLE IN PERFORMANCE OF AUTO SECTOR.OUTLOOK FOR REST OF YEAR DEPENDENT ON PROGRESS OF MONSOON, FESTIVE SEASON OFFTAKE, AND IMPROVEMENT IN LIQUIDITY."IMPERATIVE FOR THE GOVERNMENT TO TAKE URGENT STEPS TO BOOST CONSUMPTION".REITERATE APPEAL TO GOVERNMENT TO BRING DOWN GST ON TWO-WHEELERS TO 18% FROM 28%, IN ORDER TO PROVIDE MUCH-NEEDED RELIEF.VOLUMES OF 1.8 MILLION UNITS IN Q1 FY'20.

India's June Total Domestic Passenger Vehicle Sales Down 17.54% Vs Year Ago - Industry Body

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

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

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.

India's Hero Motocorp Names Vikram Kasbekar As Chief Technology Officer

July 9 (Reuters) - Hero MotoCorp Ltd <HROM.NS>::VIKRAM KASBEKAR TO BE THE NEW CHIEF TECHNOLOGY OFFICER.SAYS RAJAT BHARGAVA TO HEAD THE NEWLY CREATED ‘EMERGING MOBILITY’ BUSINESS UNIT.CREATED EMERGING MOBILITY BUSINESS UNIT TO GIVE AN IMPETUS TO NEW MOBILITY TRENDS SUCH AS ELECTRIC VEHICLES.

Quote and financial data from Refinitiv. Fund performance data provided by Lipper. All quotes delayed a minimum of 15 minutes.

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