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Source: Live Mint Hero MotoCorp share price gained over 3% on Friday after the auto major announced strategic investment into the electric three-wheeler category. Hero MotoCorp shares rose as much as 3.23% to ₹3,713.40 apiece on the BSE. The world’s largest manufacturer of motorcycles and scooters, Hero MotoCorp will acquire a 32.5% stake in electric…
Source: Live Mint Shares of Hero MotoCorp, one of the world’s largest two-wheeler manufacturers, ended Tuesday’s session, March 18, higher, gaining 2% to ₹3,564 apiece, which came as a relief for investors after the stock finished the last four trading days in the red. However, despite today’s pullback, the Nifty auto stock trades at multi-month…
Source: Live Mint Two-wheeler manufacturer Hero MotoCorp, on Thursday, reported a 12% year-on-year increase in its standalone net profit for the December quarter, reaching ₹1,203 crore compared to ₹1,073 crore in the same period last year. The figure surpassed market expectations of ₹1,122 crore. Additionally, the company declared an interim dividend of ₹100 per equity…
Source: Live Mint Jefferies has expressed a positive outlook on the Indian automobile sector, identifying Mahindra & Mahindra (M&M), Eicher Motors, and TVS Motor as its top three investment picks. The brokerage expects a robust growth trajectory for two-wheelers and tractors, projecting a compound annual growth rate (CAGR) of 13-15 per cent over the next…
Source: Business Standard 2 min read Last Updated : Oct 11 2024 | 2:34 PM IST Shares of Hero MotoCorp are seen trading near its 100-DMA (Daily Moving Average) for the last five trading sessions. Thus far, the stock has managed to sustain above its 100-DMA, which stands at Rs 5,455. The 100-DMA is…
Source: Live Mint Indian auto stocks have made a strong comeback in recent sessions, following a period of significant underperformance throughout August and early September. The recent rally has been largely driven by two-wheeler stocks, buoyed by expectations of improvement in sales during the ongoing festive season and good rainfall across India. Amid the recent…
Source: Business Standard 3 min read Last Updated : Sep 26 2024 | 10:22 AM IST Hero MotoCorp share price fall: Shares of largest two-wheeler manufacturer, Hero MotoCorp dropped up to 2.76 per cent to hit an intraday low of Rs 5,919.50 per share on Thursday, September 26, 2024. The downtrend in the Hero…
Source: Business Standard 4 min read Last Updated : Sep 17 2024 | 12:47 PM IST Shares of Hero MotoCorp (HMCL) hit a record high of Rs 5,970, after its shares rallied 3 per cent on the BSE in Tuesday’s intra-day trade amid heavy volumes. The stock of the company gained on the back of…
Source: Live Mint The push for electric two-wheelers (2W) in India has been accelerating at an impressive rate, driven by a growing shift in consumer preferences from traditional internal combustion engine (ICE) vehicles to greener, more sustainable mobility options. This transition is driven by increasing environmental awareness, discounts on popular models, government incentives, and lower…
