Hero MotoCorp shares rise over 1% on strong Q4, dividend bounty
The auto major has declared a final dividend of ₹35 per share, taking the total dividend for FY23 to ₹100 per equity share.
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Hero MotoCorp, Tata Motors fall up to 3% post April sales; Maruti, Bajaj, TVS rise
Hero MotoCorp was the top laggard on the BSE auto index, falling as much as 3.3% to ₹2,470.60 on weak monthly sales in April.
Hero MotoCorp launches VRS for all staff members
The VRS has been designed with an aim to make the company "agile" and "future-ready", says Hero MotoCorp.
Maruti Suzuki, Tata Motors, Mahindra & Mahindra rise on robust sales in Q4 FY23
While share prices of leading automobile manufacturers such as Maruti Suzuki, Tata Motors and Mahindra and Mahindra surged as much as 3.5% on Monday, the Nifty Auto index surged 1.53% to 12,430.90.
Succession planning at Hero MotoCorp: CFO Niranjan Gupta is now CEO
Pawan Munjal, current CEO and chairman of Hero MotoCorp, will continue as executive chairman and whole-time director on the board.
Hero MotoCorp to hike prices from April; stock surges
According to the company, the decision has been necessitated mainly due to cost increases on account of the "OBD 2 transition."
PV sales up 22% in January; total retail rises 14%: FADA
All categories were in green in January 2023, with 2-wheeler, 3-wheeler, passenger vehicle, tractor and commercial vehicles growing by 10%, 59%, 22%, 8% and 16%, respectively, FADA data shows.
Hero-Harley bike in 2 years: Hero MotoCorp CFO
Hero MotoCorp, the world’s largest maker of two-wheelers and scooters, plans to leverage the licensing agreement with Harley-Davidson to double down on the profitable segment of premium motorcycles.
Hero MotoCorp to hike prices from Dec 1; stock surges 2%
Hero MotoCorp has attributed overall inflationary costs as the reason for increasing vehicle prices. The exact quantum of increase will vary by specific models and markets.
Vodafone-Idea and Hero Motocorp trade lower today. Here’s why
Vodafone-Idea shares opened a tad lower at ₹8.53, against the previous closing price of ₹8.57 on the BSE.
