Company: Hero MotoCorp Ltd

The company is setting up a new plant in Andhra Pradesh.
May 14, 2019, 8:29 a.m.

Hero MotoCorp will spend the capex for Andhra plant, BS-VI upgradation and usual things like new product development.Hero MotoCorp also introduced 110 cc Pleasure priced at ₹47,300
May 13, 2019, 3:56 p.m.

Two-wheeler major Hero MotoCorp has more than doubled its capex for the current fiscal to Rs 1,500 crore, mainly to upgrade its portfolio to conform
May 13, 2019, 3:54 p.m.

With these launches, Hero MotoCorp has now rolled out seven new products - including premium motorcycles and scooters - with youthful appeal and technological and design excellence, in a short span of time.
May 13, 2019, 12:42 p.m.

The firm has hired 800 consultants to promote its premium products and revamp its dealerships.Though overall scooter sales were flat in FY19, those in the 125cc segment grew by 50%
May 2, 2019, 12:20 a.m.

Launches three motorcyles in X series priced ₹94,000-1.05 lakh
May 1, 2019, 10:29 p.m.

Shares of Hero MotoCorp are trading at a 52-week low after the company reported a weak set of numbers, in-line with consensus estimates
April 30, 2019, 3:15 p.m.

The company's standalone revenue in the quarter declined by 7.9% yoy at Rs7,885cr on account of 11% decline in two wheelers sales volume.
April 30, 2019, 11:54 a.m.

While Hero MotoCorp’s (HMCL) Q4FY19 revenue was slightly ahead of our estimates at Rs78.9bn (PLe: Rs75.5bn), its operating performance was broadly in-line, with EBITDA margins at 13.6% (v/s PLe of 13.7%), down 240bps YoY/ 40bps QoQ.
April 30, 2019, 11:16 a.m.

During Q4FY19, HMCL’s sales declined by 7.9% YoY to Rs78.9bn (our Estimates Rs77.4bn). Its EBITDA margins contracted by 244bps YoY to 13.6% (Our estimates 13.9%). PAT declined by 24.5% YoY to Rs7.3bn which was 4.9% below our estimates.
April 30, 2019, 11:11 a.m.