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Hero MotoCorp Ltd (HROM.NS)

HROM.NS on National Stock Exchange of India

3,682.00INR
21 Jul 2017
Change (% chg)

Rs-47.90 (-1.28%)
Prev Close
Rs3,729.90
Open
Rs3,729.05
Day's High
Rs3,741.00
Day's Low
Rs3,675.00
Volume
427,736
Avg. Vol
335,662
52-wk High
Rs3,880.55
52-wk Low
Rs2,849.50

Latest Key Developments (Source: Significant Developments)

Cost of car ownership expected to rise 1-2 pct in 2017-18 - India auto industry body exec
Monday, 10 Jul 2017 03:23am EDT 

July 10 (Reuters) - Society of Indian Automobile Manufactures ::India auto industry body exec says abrupt policy changes continue to affect long term sustainable growth of industry.India auto industry body exec says in terms of fy18 outlook, lower inflation, pent up demand will support consumption.India auto industry body exec-key concerns include high GST cess on hybrid vehicles, changes in policy environment which will affect profitability of carmakers.India auto industry body exec says cost of car ownership expected to rise 1-2 percent in 2017-18 due to higher fuel, insurance costs.India auto industry body exec says government willing to review high gst cess on hybrid vehicles.  Full Article

India's June total domestic passenger vehicle sales down 11.21 pct
Monday, 10 Jul 2017 02:17am EDT 

July 10 (Reuters) - Society of Indian Automobile Manufacturers::India's June total domestic passenger vehicle sales at 198,399 vehicles - industry body.India's June total domestic passenger vehicle sales down 11.21 percent versus year ago - industry body.India's June domestic passenger car sales 136,895 vehicles, down 11.24 percent versus year ago - industry body.India's June commercial vehicle sales 56,890 vehicles, up 1.44 percent versus year ago - industry body.India's June two-wheeler sales 1,527,049 vehicles, up 4 percent versus year ago -industry body.  Full Article

Hero Motocorp says LIC Of India cuts stake in co by 2.026 pct
Tuesday, 27 Jun 2017 07:53am EDT 

June 27 (Reuters) - Hero Motocorp Ltd ::Says LIC Of India cuts stake in co by 2.026 percent to 5.136 percent.  Full Article

India's Hero MotoCorp March-qtr profit down about 14 pct
Wednesday, 10 May 2017 08:27am EDT 

May 10 (Reuters) - Hero Motocorp Ltd :March quarter net profit 7.18 billion rupees.March quarter total income 76.06 billion rupees.Net profit in march quarter last year was 8.33 billion rupees as per ind-as; total income was 82.28 billion rupees.Recommended final dividend of 1500 percent per share.To invest capex of about INR 25 billion in new product development, phase-wise capacity expansion, upgradation of plant machinery upto FY '19.Lines up half a dozen new product launches this fiscal.Hero motocorp ltd consensus forecast for march quarter profit was 7.45 billion rupees.  Full Article

India auto industry body exec says passenger vehicle sales expected to grow by 7-9 pct in FY2017-18
Tuesday, 11 Apr 2017 03:10am EDT 

Society of Indian Automobile Manufactures: India auto industry body exec says ad hoc changes in government policy environment expected to affect the profitability of automakers in FY2017-18 . India auto industry body exec says passenger vehicle sales expected to grow by 7-9 percent in FY2017-18 ((Bangalore.newsroom@thomsonreuters.com;)).  Full Article

Hero MotoCorp says March two-wheeler sales rise 0.6 pct
Monday, 3 Apr 2017 09:13am EDT 

Hero Motocorp Ltd : Says sold 609,951 two-wheeler units in march 2017 versus 606,542 units last year .Says co fully prepared with enough stock of BS-IV compliant vehicles to meet market demand.  Full Article

Hero Motocorp declares dividend of 55 rupees per share
Tuesday, 7 Mar 2017 05:04am EST 

Hero Motocorp Ltd :Says declares dividend of INR 55 per share.  Full Article

Rockman Industries buys majority stake in Moldex Composites
Monday, 9 Jan 2017 05:12am EST 

Rockman Industries : Rockman Industries, a hero group company, invests in next generation carbon composites technology .Rockman Industries - acquires majority stake in Moldex Composites.  Full Article

India auto industry body exec says impact of demonetisation on car sales will be more in rural areas
Thursday, 8 Dec 2016 01:45am EST 

Society of Indian Automobile Manufacturers: India auto industry body exec says impact of demonetisation on car sales will be more in rural areas, recovery will take longer . India auto industry body exec says demonetisation will be a temporary disruption ((Bangalore.newsroom@thomsonreuters.com;)).  Full Article

India's November total domestic passenger vehicle sales up 1.82 pct - Industry body
Thursday, 8 Dec 2016 12:40am EST 

Society of Indian Automobile Manufacturers: India's November total domestic passenger vehicle sales at 240979 vehicles - industry body . India's November domestic passenger car sales 173606 vehicles, up 0.29 percent versus year ago - industry body . India's November two-wheeler sales 1243251 vehicles, down 5.85 percent versus year ago -industry body . India's November total domestic passenger vehicle sales up 1.82 percent versus year ago - industry body . India's November commercial vehicle sales 45773 vehicles, down 11.58 percent versus year ago -industry body ((Bangalore.newsroom@thomsonreuters.com;)).  Full Article

BRIEF-India's Hero Motocorp June total sales up 14 pct

* Says company sold 547,185 units of motorcycles during June 2017 , thereby growing by 13% over the corresponding month last year.