Toyota will launch Camry in August this year which will run 100% on ethanol. The car will also generate 40% electric power
Stocks to watch on June 16, 2023: IKIO Lighting to debut today; BHEL, Delta Corp, Indiabulls Housing Fin, IEX, India Cements, L&T Housing Fin, Manappuram Fin, Tata Chem and Zee in F&O ban period.
Hero MotoCorp plans to attract more customers in the commuter segment by building more value in its products
Shares of Hero were down as much as 4.2% in Thursday afternoon trade
For agility, Hero has kept the weight of the motorcycle low at 145kg
Stocks to watch on June 13, 2023: Shares of airline company are likely to be in focus on Tuesday after the DGCA eased norms to launch new overseas destinations.
The chip supply to Indian auto companies has improved in the last few quarters, but it is yet to reach pre-pandemic levels
Given its reliable and small-capacity engine, Hero's Passion has earned a reputation for being a workhorse in the Indian countryside and small towns alike
Will launch an ICE premium motorcycle in every quarter of FY24, says CEO
Stocks to Watch today, June 5, 2023: Brent crude related stocks could see considerable action today as oil prices jumped over 2 per cent overnight, and another 2 per cent Monday morning
The country's largest two-wheeler maker Hero MotoCorp has increased price of its electric scooter VIDA V1 Pro by around Rs 6,000 in order to offset the impact of curtailed subsidy structure on electric two-wheelers coming into effect from June 1. The company's flagship electric scooter VIDA V1 Pro will now be available at Rs 1,45,900 including FAME II subsidy and portable charger. This is an increase of around Rs 6,000 from the earlier pricing. When contacted, a company dealer confirmed the development and noted that the two-wheeler maker has absorbed the major impact of the reduction in subsidy under FAME II effective June 1, and passed on only a small fraction of the additional cost to the prospective buyers. A comment from the company could not be ascertained immediately. For electric two-wheelers, the maximum subsidy cap, which was 40 per cent of the ex-factory price, has been reduced to 15 per cent by the Ministry of Heavy Industries. As per the industry sources, the FAME II
HMCL said the momentum is expected to continue in the coming months, driven by an uptick in customer sentiments, forecast of normal monsoon and a host of new launches in the premium segment.
Hero MotoCorp is gearing up for highest ever model introductions this fiscal as it looks to consolidate market share especially in the premium bike segment, according to the company's CEO Niranjan Gupta. The country's largest two-wheeler maker plans to introduce new bikes, including the first product under the Hero MotoCorp-Harley Davidson tie-up, during the ongoing financial year. The company has leadership in the budget bike segment (100-110cc) and is looking to enhance presence in the 125 cc and also drive in models to bring in volumes and enhance profitability in the 160-cc and above space. "We'll have product launches every quarter of this fiscal year. Probably this fiscal, we'll see the maximum number of launches ever seen in the company's history," Gupta said in an analyst call. The company is bullish on growth prospects this year with plans to further enhance its market share across segments, he noted. "We are excited about the fiscal and expect to build on our market shar
Hero MotoCorp on Friday said it has roped in Motosport SA as a partner in Costa Rica. As the exclusive distributor for the sale and service of Hero MotoCorp motorcycles and scooters in the country, Motosport SA will play a key role in the rapid expansion of the company's network in Costa Rica, a key market in Central America. "With their expertise in the motorcycle market, Motosport is the ideal partner for Hero MotoCorp as we introduce our technologically-advanced and globally benchmarked products and services here. Our immediate focus is to develop a robust and widespread sales, service and spare parts network across the entire country. We expect our new range of motorcycles and scooters to excite the customers," Hero MotoCorp Head-Global Business Sanjay Bhan said in a statement. Established in 2002, Motosport SA has more than two decades of expertise in the motorcycle industry, with its sales, service and parts network spanning across the entire country. Hero MotoCorp plans to h
Stocks to watch today: Mankind Pharma has confirmed that the Income Tax Department conducted a search at some of the premises/ plants related to the Company and some of its subsidiaries
Stock to Watch today: Adani Enterprises Ltd., the flagship company of Adani Group, said on Wednesday that it will hold a board meeting on May 13 to consider fund raise via issuance of equity
Lower raw material costs aided margin recovery for the 2-wheeler sector in Q4
CLOSING BELL: HDFC and HDFC Bank accounted for a loss of 645 points on the BSE benchmark. Broader indices ended with relatively lesser losses of around 0.5 per cent each.
Stocks to watch on May 05, 2023: Adani Power, Bharat Forge, Blue Dart, Britannia, Equitas SFB, Federal Bank, Marico and Paytm on investors radar ahead of Q4 earnigns today.
Hero MotoCorp's consolidated annual net profit rose by 20.21 per cent to Rs 2,800 crore