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Hero MotoCorp Ltd (HROM.NS)

HROM.NS on National Stock Exchange of India

3,600.00INR
1:40am EDT
Change (% chg)

Rs-18.40 (-0.51%)
Prev Close
Rs3,618.40
Open
Rs3,621.90
Day's High
Rs3,642.00
Day's Low
Rs3,593.35
Volume
35,846
Avg. Vol
393,862
52-wk High
Rs3,740.00
52-wk Low
Rs2,849.50

Latest Key Developments (Source: Significant Developments)

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

Hero MotoCorp Sept-qtr profit up about 28 pct
Wednesday, 26 Oct 2016 08:12am EDT 

Hero Motocorp Ltd : Sept quarter net profit 10.04 billion rupees . Sept quarter total income from operations 84.49 billion rupees . Net profit in sept quarter last year was 7.86 billion rupees as per ind-as; total income from operations was 73.46 billion rupees . Consensus forecast for sept quarter profit was 9.24 billion rupees .Says in the global markets, industry continues to face headwinds.  Full Article

SIAM sees 10 pct passenger vehicle growth in second half of year
Friday, 7 Oct 2016 02:17am EDT 

Society of Indian Automobile Manufactures: India auto industry body exec says "rising prices of some commodities is an area of concern" . India auto industry body exec says "uncertainty due to various shifts in policies in India affecting carmakers' capital expenditure plans" . India auto industry body exec says passenger vehicles sales to grow in double digit this fiscal year, surpassing initial expectations . India auto industry body exec says expect passenger vehicle growth in second half of year to be 10 percent; first half growth was 12 percent (Bengaluru newsroom) ((ReutersIndia.snapping@thomsonreuters.com ;)).  Full Article

Hero MotoCorp August total sales up 28 pct
Thursday, 1 Sep 2016 07:30am EDT 

Hero MotoCorp Ltd : Says August total sales of 616424 units, up 28 percent . Says company will launch 15 new products across segments in its domestic and global markets this fiscal .  Full Article

More From Around the Web

Hero MotoCorp Q4 profit falls, misses estimates

May 10 India's Hero MotoCorp Ltd on Wednesday reported a 14 percent fall in its March-quarter net profit as a cash crunch following the government's ban on high-value currency notes hurt sales volume.