Hero, Eicher Motors, Bajaj Auto shares hit 52-week high on robust Nov sales
In November, Eicher Motors sold 80,251 units of Royal Enfield motorcycles, up 13%, as against 70,766 units in the same period last year.
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December 2023
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Hero MotoCorp, Bajaj Auto shares hit 52-week high after JP Morgan raises target price
JP Morgan raised the target price of Bajaj Auto from ₹6,100 to ₹6,400, whereas the target price for Hero MotoCorp has been revised from ₹3,500 to ₹3,750.
Hero MotoCorp shares up 2% as Q2 profit surges 47% to ₹1,054 cr
The company reported a 47% year-on-year increase in profit after tax to ₹1,054 crore in the July to September quarter of FY24.
Delhi HC stays cheating case proceedings against Hero MotoCorp officials
Delhi police this week filed an FIR against some Hero MotoCorp officials on charges of "forgery, cheating and falsifying the books of accounts" valued at ₹5.9 cr
Hero MotoCorp shares plunge over 3% on FIR against Pawan Munjal
According to reports, Delhi Police has filed a case against Munjal alleging forgery, cheating and falsifying the books of accounts valued at ₹5.96 crore.
Hero MotoCorp to invest ₹550 cr in Ather Energy
Prior to the proposed investment, Hero MotoCorp's shareholding in Ather stood at 33.1%.
Motorcycles, 50% of scooters will still remain ICE by FY31: Hero MotoCorp’s Gupta
The country's largest two-wheeler manufacturer, which launched Vida 1 electric scooter in December last year, plans a presence in atleast 100 cities in terms of EVs by December
Hero MotoCorp receives 25,000 bookings for Harley-Davidson X440; stock surges 4%
The company launched Harley Davidson X440 on July 4 this year, marking its foray into the 440cc bike segment in India.
Why Bike Makers Eye Royal Enfield Pie
Hero, Bajaj, Yamaha and TVS work on taking market share from Royal Enfield
ED seizes assets worth ₹25 cr from Hero MotoCorp's Pawan Munjal residence
This comes a day after the agency conducted raids under the Prevention of Money Laundering Act (PMLA) across 12 locations in Delhi and Gurugram of Hero MotoCorp
