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HEROMOTOCO

30123456789,801234567890012345678960123456789.7012345678950123456789
+9.65 (+0.25%)
The current prices are delayed.Login/Sign Upto see live prices.
Previous Close: 3797.1
1D
5D
1M
3M
1Y
5Y
MAX
Today's low
3779.1
Today's high
3825
52 week low
2246
52 week high
3884.5
Volume
713163
About
TECHNICAL SUMMARY
DMA(12)
₹2568.06
DMA(50)
₹2507.26
DMA(100)
₹2508.77
DMA(200)
₹2588.96
FUNDEMANTAL SUMMARY
Market Cap
₹76096.93 Cr.
Enterprise Value
₹75987.37 Cr.
No. of Shares
19.990000000000002
P/E
25.97
RoE
17.26
Debt/Equity
0.02
Valuations
PE CHART
18202224
PB CHART
3.03.54.0
Promoter Holdings
Public : 9.85%
FII : 28.09%
DII : 27.29%
Promoter : 34.77%
Others : 0%
Charts
DEBT/EQUITY
0.0100.0120.0140.0160.0180.020
Mar, 2019Mar, 2020Mar, 2021Mar, 2022Mar, 2023
ROE VS ROCE
152025303540
Mar, 2019Mar, 2020Mar, 2021Mar, 2022Mar, 2023
ROE
ROCE
REVENUE VS PROFITABILITY (1000CR.)
102030
Mar, 2019Mar, 2020Mar, 2021Mar, 2022Mar, 2023
Revenue
Profit
MARGINS(%)
81012141618
Mar, 2019Mar, 2020Mar, 2021Mar, 2022Mar, 2023
Net Margin
Gross Margin
Posts by FrontPage Users
NewsBot-display-image
Reputation: 181,737  •  Yesterday 7:21 PM
ET Explainer: Why are two-wheeler sales picking up in rural markets when other categories are under stress?
ET Explainer: Why are two-wheeler sales picking up in rural markets when other categories are under stress?
The two-wheeler industry in India has seen a decline in sales due to rising prices and the pandemic's economic impact. Sales of motorcycles, scooters, and mopeds fell nearly half to 13.58 million units in FY22. However, rural markets are showing signs of a turnaround, with moderating inflation and improved disposable incomes. Motorcycles continue to dominate two-wheeler sales in India, accounting for about 65% of the market. The growth in rural sales is driven by pen-up demand, moderating inflation, and a stable job market.
The Economic Times

𝗡𝗲𝘄𝘀 𝗦𝘂𝗺𝗺𝗮𝗿𝘆
• The two-wheeler industry in India has seen a decline in sales due to rising prices and the pandemic's economic impact, but rural markets are showing signs of a turnaround.
• Pent-up demand, moderating inflation, and a stable job market are driving the gr......read more

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Reputation: 181,737  •  Yesterday 3:13 PM
Hero MotoCorp surges over 3% on robust November sales
Hero MotoCorp surges over 3% on robust November sales
The company also recorded its highest-ever festive sales, clocking more than 14 lakh units in retail sales during the 32-day festive period - between the first day of the Navratras and Bhai Dooj – this year.
Moneycontrol

𝗡𝗲𝘄𝘀 𝗦𝘂𝗺𝗺𝗮𝗿𝘆
• Hero MotoCorp Limited saw a 26% growth in November compared to the same month last year, selling over 4.9 lakh units.
• The company also recorded its highest-ever festive sales, selling over 14 lakh units during the 32-day festive period.
• Hero MotoCorp......read more

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NewsBot-display-image
Reputation: 181,737  •  Dec 1 9:18 PM
Taking Stock: Fresh record high for Nifty, Sensex up 493 pts; auto stocks under pressure
Taking Stock: Fresh record high for Nifty, Sensex up 493 pts; auto stocks under pressure
Biggest gainers on the Nifty included NTPC, ITC, L&T, Britannia Industries and Axis Bank, while losers were Hero MotoCorp, HDFC Life, Wipro, M&M and SBI Life Insurance.
Moneycontrol

𝗡𝗲𝘄𝘀 𝗦𝘂𝗺𝗺𝗮𝗿𝘆
• The Indian equity indices started the December and new series on a strong note, with the Nifty50 index soaring to a fresh all-time high on December 1.
• The Sensex was up 492.75 points or 0.74 percent at 67,481.19, and the Nifty was up 134.70 points or 0......read more

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Reputation: 181,737  •  Dec 1 12:18 PM
Hot Stocks | Sun Pharma, Hero MotoCorp, HCL Tech may fetch at least 10% return
Hot Stocks | Sun Pharma, Hero MotoCorp, HCL Tech may fetch at least 10% return
Approaching its all-time highs, the index's upside potential could extend to 20,200, followed by 20,400.
Moneycontrol

𝗡𝗲𝘄𝘀 𝗦𝘂𝗺𝗺𝗮𝗿𝘆
• The index is approaching its all-time highs and has the potential to reach 20,200 and 20,400.
• Sun Pharmaceutical Industries, HCL Technologies, and Hero MotoCorp are recommended as buy calls for short term with potential returns of 10-12%.
• The stocks ......read more

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Reputation: 181,737  •  Nov 29 6:21 PM
F&O stocks: M&M, Hero MotoCorp among 5 counters with long buildup
F&O stocks: M&M, Hero MotoCorp among 5 counters with long buildup
In Wednesdays trading session, the following five stocks witnessed a build of fresh long positions.
The Economic Times

𝗡𝗲𝘄𝘀 𝗦𝘂𝗺𝗺𝗮𝗿𝘆
• In Wednesday's trading session, five stocks saw a build of fresh long positions, indicating potential bullish dominance.
• Manappuram Finance, Muthoot Finance, M&M, Hero MotoCorp, and Birlasoft all saw stock price gains and increases in open interest.
• ......read more

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Reputation: 181,737  •  Nov 29 6:06 AM
Hero MotoCorp sees 26% jump in festive rural sales
Hero MotoCorp sees 26% jump in festive rural sales
Hero MotoCorp, India's largest two-wheeler maker, witnessed a 26% growth in its secondary network, primarily based in tier II and III cities and rural areas, during the 42-day festive period ending on November 15. The company reported an overall 20% YoY increase in sales, reaching a record 1.4 million units during the festive season.
The Economic Times

𝗡𝗲𝘄𝘀 𝗦𝘂𝗺𝗺𝗮𝗿𝘆
• Hero MotoCorp saw a 26% growth in its secondary network during the festive season, with rural markets driving the demand.
• The company's premiumisation drive and new product launches have helped its stock outperform the Nifty50 Index by 22% in the past ......read more

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Reputation: 181,737  •  Nov 29 2:11 AM
Hero is 'changing gears,' embracing speed, scale, synergy and simplification, says Niranjan Gupta, CEO, Hero MotoCorp
Hero is 'changing gears,' embracing speed, scale, synergy and simplification, says Niranjan Gupta, CEO, Hero MotoCorp
Investors have given a thumbs up to the companys performance, with its share price on a steady northward movement. Hero MotoCorp CEO Niranjan Gupta deep dives into the strategies the company is undertaking to reinvent itself in a free-wheeling conversation with Sharmistha Mukherjee.
The Economic Times

𝗡𝗲𝘄𝘀 𝗦𝘂𝗺𝗺𝗮𝗿𝘆
• Hero MotoCorp is seeing a steady increase in its share price and has registered record festive sales of 1.4 million units this year.
• The company is focusing on premiumization and has launched several products in this segment, with more to follow.
• Her......read more

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Reputation: 181,737  •  Nov 28 7:46 PM
Jay Thakkar on 2 stocks that can be bought at current price and top bet in Adani Group
Jay Thakkar on 2 stocks that can be bought at current price and top bet in Adani Group
“Adani Power is one stock which looks really good at these levels.It has formed almost fresh 52-week highs. The indicators have turned bullish and now Adani Power on the lower side has crucial support levels of Rs 406 and as long as those levels are held, there can be good upside potential targets of almost Rs 530-560 on an immediate basis.”
The Economic Times

𝗡𝗲𝘄𝘀 𝗦𝘂𝗺𝗺𝗮𝗿𝘆
• Adani Power is the top performer among Adani Group stocks, with strong momentum and potential upside targets of Rs 530-560.
• Hero MotoCorp Futures and GAIL Futures are recommended as buying opportunities, with potential targets of Rs 3769 and Rs 130-133......read more

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NewsBot-display-image
Reputation: 181,737  •  Nov 28 4:21 PM
Chart Check: 20% rally in 3 months! This 2-wheeler maker likely to reclaim 3600 levels
Chart Check: 20% rally in 3 months! This 2-wheeler maker likely to reclaim 3600 levels
Short-term traders can look to buy the stock now for a possible target to 3600 levels in the next 3-4 weeks, suggest experts.
The Economic Times

𝗡𝗲𝘄𝘀 𝗦𝘂𝗺𝗺𝗮𝗿𝘆
• Hero MotoCorp Ltd. has rallied over 20% in the last 3 months and is likely to continue its upward trend.
• Short-term traders can look to buy the stock now for a possible target of 3600 levels in the next 3-4 weeks.
• The stock has witnessed a breakout f......read more

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Reputation: 181,737  •  Nov 28 11:01 AM
Hero Motocorp’s high-end shift earns it a D-St premium
Hero Motocorp’s high-end shift earns it a D-St premium
Hero Motocorp's stock has regained investor interest due to rising premiumisation-led earnings growth and higher two-wheeler volume growth. The company's premium bike segment, including Karzima and Harley-Davidson bikes, has seen a 30% increase in its portfolio. The average selling price per unit was Rs 66,680 in Q2 2024, the highest ever.
The Economic Times

𝗡𝗲𝘄𝘀 𝗦𝘂𝗺𝗺𝗮𝗿𝘆
• Hero Motocorp's stock has regained investor interest due to rising premiumisation-led earnings growth and higher two-wheeler volume growth.
• The company's premium bike segment, including Karzima and Harley-Davidson bikes, has seen a 30% increase in its ......read more

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Reputation: 181,737  •  Nov 27 11:16 PM
Improving premiumisation to help Hero Moto stay ahead on growth track
Improving premiumisation to help Hero Moto stay ahead on growth track
Hero Motocorp's stock has regained investor interest due to rising premiumisation-led earnings growth and higher two-wheeler volume growth. The company's premium bike segment, including Karzima and Harley-Davidson bikes, has seen a 30% increase in its portfolio. The average selling price per unit was Rs 66,680 in Q2 2024, the highest ever.
The Economic Times

𝗡𝗲𝘄𝘀 𝗦𝘂𝗺𝗺𝗮𝗿𝘆
• Hero Motocorp's stock has regained investor interest due to rising premiumisation-led earnings growth and higher two-wheeler volume growth.
• The company's premium bike segment, including Karzima and Harley-Davidson bikes, has seen a 30% increase in its ......read more

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Reputation: 181,737  •  Nov 25 12:03 AM
Hero MotoCorp to build 100 premium stores by June-end, says CEO Niranjan Gupta
Hero MotoCorp to build 100 premium stores by June-end, says CEO Niranjan Gupta
The CEO said that the company will bring products in the mid and affordable segment in EVs in the next 4-5 quarters, leveraging the strengths of Hero dealerships and collaborating on charging
Moneycontrol

𝗡𝗲𝘄𝘀 𝗦𝘂𝗺𝗺𝗮𝗿𝘆
• Hero MotoCorp plans to launch 100 premium stores by June 2024 and is seeing success in its revamp journey.
• The company has 25,000 bookings for its X440 and 10,000 bookings for Karizma.
• Hero MotoCorp will also enter the EV market in the next 4-5 quart......read more

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Reputation: 181,737  •  Nov 24 10:56 PM
Motilal Oswal parks faith on 2Ws, picks Hero MotoCorp, Endurance Tech for gains up to 26%
Motilal Oswal parks faith on 2Ws, picks Hero MotoCorp, Endurance Tech for gains up to 26%
The brokerage picks Hero MotoCorp among its preferred buys in this space while choosing Tata Motors as a passenger vehicle play and Endurance Technologies and Craftsman Automation among auto ancillaries
The Economic Times

𝗡𝗲𝘄𝘀 𝗦𝘂𝗺𝗺𝗮𝗿𝘆
• Motilal Oswal expects a relatively better scope for growth in the two-wheeler industry over the next few years, with Hero MotoCorp as its top pick.
• The brokerage also has a positive view on MHCVs and recommends Tata Motors as a passenger vehicle play.
......read more

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A
Reputation: 4,411  •  Nov 23 6:39 PM

Short term targets for #HEROMOTOCO
Timeframe: 1 Day
Capital Required: 10K+
SL: As per your risk
Chartbusters - chart - 227140774

3 Votes

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Stock Option is OK-display-image
Reputation: 2,581  •  Nov 23 4:43 PM
Post by Stock Option is OK in Options Trading Hub Club on FrontPage
Post by Stock Option is OK in Options Trading Hub Club on FrontPage
#HEROMOTOCO BUY (3640 CE 30 NOV 2023)From -4 TARGET- 12STOP LOSS -1(1Lot = 300 Qty)(REASON : Hero MotoCorp reports strong sales growth in Oc
FrontPage

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Reputation: 181,737  •  Nov 23 3:11 AM
Ahead of Market: 10 things that will decide D-Street action on Thursday
Ahead of Market: 10 things that will decide D-Street action on Thursday
Rupak De, LKP Securities said, "Nifty traded sideways for most of the session except for the last hour, during which it recovered from the day's low. The overall sentiment remains positive as the index has held above the crucial support level of 19,500. Resistance is positioned at 19,850 on the higher end; a breakthrough could potentially propel the Nifty towards the 20,200 mark."
The Economic Times

𝗡𝗲𝘄𝘀 𝗦𝘂𝗺𝗺𝗮𝗿𝘆
• Nifty formed a Hanging Man candle on Wednesday, signaling a potential bearish reversal pattern.
• European shares climbed to a two-month high, led by real estate stocks and software firm Sage.
• The MACD showed bullish trade on the counters of Orient Ref......read more

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A
Reputation: 4,411  •  Nov 23 12:14 AM

#HEROMOTOCO on 1 Day Timeframe

Target On Short term Basis: 3590.20
Target On Mid term Basis: 4780.60
Chartbusters - chart - 226343716

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Reputation: 181,737  •  Nov 22 7:16 PM
F&O stocks: Trent, Hero MotoCorp among 5 counters with long buildup
F&O stocks: Trent, Hero MotoCorp among 5 counters with long buildup
When the stock prices move up and open interest on the counter also moves upwards, it is taken as a sign of a long buildup.
The Economic Times

𝗡𝗲𝘄𝘀 𝗦𝘂𝗺𝗺𝗮𝗿𝘆
• When stock prices and open interest both increase, it is a sign of a long buildup.
• Cholamandalam Investment and Finance Company, Apollo Hospital, Trent, Biocon, and Hero MotoCorp all saw a buildup of fresh long positions.
• Traders should also consider......read more

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Reputation: 181,737  •  Nov 22 3:51 AM
India Economic Conclave 2014: Manufacturing key to revive languishing economy, says Nirmala Sitharaman
India Economic Conclave 2014: Manufacturing key to revive languishing economy, says Nirmala Sitharaman
Answering questions as part of a panel discussion on 'Make in India: Crafting a Manufacturing Revival', Sitharaman said, "We have to ensure growth brings job creation. SMEs are the biggest source of employment."
The Economic Times

𝗡𝗲𝘄𝘀 𝗦𝘂𝗺𝗺𝗮𝗿𝘆
• Commerce Minister Nirmala Sitharaman emphasized the government's role as a facilitator rather than a regulator in the 'Make in India' initiative.
• SMEs are seen as the biggest source of employment and the government is working aggressively to ensure job......read more

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Trade The Momentum-display-image
Reputation: 22,107  •  Nov 21 7:32 AM

Chart : 15 min & 1W
Keep an eye for intraday

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The Market Traders-display-image
Reputation: 11,815  •  Nov 18 9:47 PM

BREAKOUT of 06 years Trend Line..
Keep on Radar..
Chartbusters - chart - 222792975

9 Votes

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Manush Vadher-display-image
Reputation: 23,681  •  Nov 18 5:52 PM

Bulls may target 3600+ in this current move...
Chart says it all..
Chartbusters - chart - 222792799

2 Votes

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Reputation: 181,737  •  Nov 17 6:46 PM
HC stays proceedings against Pawan Munjal days after ED attached properties of Hero Moto CMD
HC stays proceedings against Pawan Munjal days after ED attached properties of Hero Moto CMD
The Delhi High Court has stayed the Enforcement Directorate's proceedings against Hero MotoCorp's CMD Pawan Munjal, following an ongoing money laundering investigation. Munjal was accused of using foreign currency issued in the name of others for personal expenditure abroad, overriding RBI rules. The ED seized assets worth Rs 24.95 crore from Munjal's relationship manager.
The Economic Times

𝗡𝗲𝘄𝘀 𝗦𝘂𝗺𝗺𝗮𝗿𝘆
• The Delhi High Court has stayed the Enforcement Directorate's proceedings against Hero MotoCorp's CMD Pawan Munjal in an ongoing money laundering investigation.
• The ED had alleged that Munjal used foreign currency issued in the name of others for perso......read more

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Stock Option is OK-display-image
Reputation: 2,581  •  Nov 17 6:02 PM

BUY (3640 CE 30 NOV 2023)
From -4
TARGET- 12
STOP LOSS -1
(1Lot = 300 Qty)
(REASON : Hero MotoCorp reports strong sales growth in October
Hero MotoCorp, India's largest two-wheeler manufacturer, reported a 26.5% increase in unit sales to 574,930 units in October 202......read more
Options Trading Hub - chart - 222311700

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Reputation: 181,737  •  Nov 16 9:41 PM
Hero MotoCorp records highest-ever retail sales of over 14 lakh units in festive season
Hero MotoCorp records highest-ever retail sales of over 14 lakh units in festive season
Hero MotoCorp, India's largest two-wheeler maker, achieved its highest-ever festive season sales by selling over 14 lakh two-wheeler units in the 32-day period between the first day of Navratras and Bhai Dooj on November 15. The company recorded a 19% growth over the previous year, surpassing its previous highest retail of 12.7 lakh units in the festive period of 2019.
The Economic Times

𝗡𝗲𝘄𝘀 𝗦𝘂𝗺𝗺𝗮𝗿𝘆
• Hero MotoCorp achieved its highest-ever festive season sales by selling over 14 lakh two-wheeler units in the 32-day period between Navratras and Bhai Dooj.
• The company recorded a 19% growth over the previous year, surpassing its previous highest retai......read more

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Reputation: 181,737  •  Nov 16 9:11 PM
Tech Mahindra, Infosys, 6 other largecap stocks cross 20-day SMA
Tech Mahindra, Infosys, 6 other largecap stocks cross 20-day SMA
In the dynamic realm of the stock market, investors keenly observe various technical indicators to make informed decisions. The 20-day Simple Moving Average (SMA) is one such tool that provides insights into short-term trends.
The Economic Times

𝗡𝗲𝘄𝘀 𝗦𝘂𝗺𝗺𝗮𝗿𝘆
• In the dynamic realm of the stock market, investors use various technical indicators to make informed decisions. One such tool is the 20-day Simple Moving Average (SMA), which provides insights into short-term trends.
• Several largecap stocks have surpa......read more

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Reputation: 181,737  •  Nov 16 7:08 PM
Diwali Bumper: Hero MotoCorp records 14 lakh retail sales in festive period
Diwali Bumper: Hero MotoCorp records 14 lakh retail sales in festive period
This record-breaking performance in the festive period marks a 19 percent growth for the company over the previous year, and surpasses its previous highest retail of 12.7 lakh units, which was recorded in the 2019 festive period.
Moneycontrol

𝗡𝗲𝘄𝘀 𝗦𝘂𝗺𝗺𝗮𝗿𝘆
• Hero MotoCorp reported its highest-ever festive sales, exceeding 1.4 million units in retail sales during the 32-day festive period.
• The record-breaking sales were attributed to strong demand in rural markets and consistent retail uptake in key urban c......read more

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Reputation: 181,737  •  Nov 11 6:21 AM
Auto sales ride to new high in October
Auto sales ride to new high in October
A total of 389,714 cars and utility vehicles were sold last month, a 15.9% increase from 336,330 vehicles sold a year earlier, showed data from industry body Society of Indian Automobile Manufacturers (SIAM). Automakers in the country mostly report wholesale despatches from factories and not retail sales to customers.
The Economic Times

𝗡𝗲𝘄𝘀 𝗦𝘂𝗺𝗺𝗮𝗿𝘆
• Passenger vehicle sales in India reached a new record in October, with 389,714 cars and utility vehicles sold, a 15.9% increase from the previous year.
• The growth was driven by strong demand for utility vehicles, which now account for more than half of......read more

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Reputation: 181,737  •  Nov 10 10:21 PM
PV sales rise to record high levels in October: SIAM data
PV sales rise to record high levels in October: SIAM data
As per data available from the industry body Society of Indian Automobile Manufacturers (SIAM), as many as 389,714 cars, sedans and utility vehicles were sold in the month under consideration, which is an increase of 15.9% over 336,330 units sold in the same period in the last financial year.
The Economic Times

𝗡𝗲𝘄𝘀 𝗦𝘂𝗺𝗺𝗮𝗿𝘆
• Passenger vehicle sales in India reached their highest ever levels in October, with strong demand and improved supplies during the festive season.
• The growth was driven by strong demand for utility vehicles, which now account for more than half of all ......read more

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Reputation: 181,737  •  Nov 10 8:46 PM
Delhi HC stays DRI proceedings against Hero Group chairman Pawan Munjal
Delhi HC stays DRI proceedings against Hero Group chairman Pawan Munjal
The Delhi High Court has stayed proceedings against Hero Motocorp Chairman Pawan Kant Munjal by the Directorate of Revenue Intelligence (DRI). The court noted that Munjal had been exonerated by the Customs, Excise and Service Tax Appellate Tribunal (CESTAT) on the same set of facts, which was not disclosed before the trial court.
The Economic Times

𝗡𝗲𝘄𝘀 𝗦𝘂𝗺𝗺𝗮𝗿𝘆
• The Delhi High Court has stayed proceedings against Hero Motocorp Chairman Pawan Kant Munjal by the Directorate of Revenue Intelligence (DRI) after he was exonerated by the Customs, Excise and Service Tax Appellate Tribunal (CESTAT) on the same set of fa......read more

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Reputation: 181,737  •  Nov 10 6:11 PM
ED attaches assets worth Rs 24.95 cr of Hero Moto’s Pawan Munjal in money laundering probe
ED attaches assets worth Rs 24.95 cr of Hero Moto’s Pawan Munjal in money laundering probe
The Enforcement Directorate has attached three immovable properties worth Rs 24.95 crore to Hero Moto's CMD Pawan Munjal, with the total value of the seizure and attachments now estimated at Rs 50 crore. The prosecution complaint alleges that foreign currency equivalent to Rs 54 crore was illegally taken out of India.
The Economic Times

𝗡𝗲𝘄𝘀 𝗦𝘂𝗺𝗺𝗮𝗿𝘆
• The Enforcement Directorate has attached three immovable properties worth Rs 24.95 crore to Hero MotoCorp executive chairperson Pawan Kant Munjal as part of a money laundering probe.
• The total value of seizure and attachments now stands at approximatel......read more

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The Money Magnet-display-image
Reputation: 12,746  •  Nov 9 4:55 PM

INTRADAY TO SWING
(30 MINS TIMEFRAME ON CHART)
ASCENDING TRIANGLE PATTERN
(Candle Closing preferred)
Chartbusters - chart - 216166438

82 Votes

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Reputation: 181,737  •  Nov 8 3:36 AM
Hero MotoCorp to foray into Europe with EV range next year
Hero MotoCorp to foray into Europe with EV range next year
Hero MotoCorp CEO Niranjan Gupta said the company is collaborating with credible partners in the UK, Spain, and France to start commercial operations in each of these markets by mid 2024. "We will first introduce our electric scooter VIDA V1 in these countries and then expand our offerings with high-capacity premium ICE motorcycles and scooters, which are showcased here," he noted.
The Economic Times

𝗡𝗲𝘄𝘀 𝗦𝘂𝗺𝗺𝗮𝗿𝘆
• Hero MotoCorp is planning to enter the European market with its electric scooter range in mid-2024.
• The company will first introduce its VIDA V1 electric scooter in Spain, France, and the UK, followed by high-capacity premium ICE motorcycles and scoote......read more

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Reputation: 181,737  •  Nov 6 9:01 PM
Orient Electric, Coforge RSI among 5 stocks with RSI trending up
Orient Electric, Coforge RSI among 5 stocks with RSI trending up
Investors, listen up! On November 3, Friday, StockEdge flagged over 50 stocks trending up, and ETMarkets has handpicked five of them for you. In this article, we'll dive into the world of Relative Strength Index (RSI), why it's a pivotal indicator, and how these stocks are riding the momentum wave to potential success.
The Economic Times

𝗡𝗲𝘄𝘀 𝗦𝘂𝗺𝗺𝗮𝗿𝘆
• StockEdge flagged over 50 stocks trending up on November 3, Friday, and ETMarkets has handpicked five of them for investors to consider.
• The Relative Strength Index (RSI) is a pivotal indicator used to assess stock movements, with values above 70 indic......read more

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Reputation: 181,737  •  Nov 6 7:46 PM
Hero MotoCorp, Titan are 2 technical stock picks in this market: Osho Krishnan
Hero MotoCorp, Titan are 2 technical stock picks in this market: Osho Krishnan
“Hero MotoCorp has consolidated near the neckline of the previous breakout. So, once you try to buy Hero MotoCorp at the current levels, on the higher end one can expect Rs 3,275 as the first target and once it breaches the zone, we can even see a Rs 3,300 level for Hero MotoCorp. The second one is Titan.”
The Economic Times

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Reputation: 181,737  •  Nov 6 4:48 PM
Accumulate Hero Motocorp; target of Rs 3575: Prabhudas Lilladher
Accumulate Hero Motocorp; target of Rs 3575: Prabhudas Lilladher
Prabhudas Lilladher recommended accumulate rating on Hero Motocorp with a target price of Rs 3575 in its research report dated November 03, 2023.
Moneycontrol

𝗡𝗲𝘄𝘀 𝗦𝘂𝗺𝗺𝗮𝗿𝘆
• Prabhudas Lilladher has recommended an accumulate rating on Hero Motocorp with a target price of Rs 3575.
• The company's EBITDA margin increased by ~40bps QoQ, and it is seeing recovery in the rural market.
• The EV 2W “Vida” is on track to reach 100 ci......read more

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Reputation: 41,615  •  Nov 5 6:58 PM


TIME FRAME:-- WEEKLY

In Weekly Time Frame this is third time price is rejecting from Resistance
BUT as can be seen Price making Higher low___ so there is chances of Break the Resistance
Chartbusters - chart - 211821352

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Reputation: 181,737  •  Nov 3 8:26 PM
Hero MotoCorp, Jyothy Labs among 5 stocks with RSI trending down
Hero MotoCorp, Jyothy Labs among 5 stocks with RSI trending down
In the dynamic world of stock trading, understanding technical indicators like the Relative Strength Index (RSI) is essential. On November 2, Thursday, StockEdge identified 8 stocks with a declining RSI. ETMarkets delves into the significance of RSI in stock analysis and spotlights 5 stocks - Jyothy Labs, Safari Industries, Balkrishna Industries, Medplus Health Services, and Hero MotoCorp - whose RSI trends are currently on the downside.
The Economic Times

𝗡𝗲𝘄𝘀 𝗦𝘂𝗺𝗺𝗮𝗿𝘆
• StockEdge identified 8 stocks with a declining RSI on November 2, Thursday.
• RSI measures the magnitude and speed of recent price changes, helping investors identify overbought or oversold conditions.
• Jyothy Labs, Safari Industries, Balkrishna Industr......read more

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Reputation: 181,737  •  Nov 3 5:36 PM
Buy Hero MotoCorp, target price Rs 3850:  Motilal Oswal
Buy Hero MotoCorp, target price Rs 3850: Motilal Oswal
Hero MotoCorp Ltd., incorporated in the year 1984, is a Large Cap company (having a market cap of Rs 61875.44 Crore) operating in Auto sector.
The Economic Times

𝗡𝗲𝘄𝘀 𝗦𝘂𝗺𝗺𝗮𝗿𝘆
• Motilal Oswal has a buy call on Hero MotoCorp Ltd. with a target price of Rs 3850.
• For the quarter ended 30-09-2023, the company reported a Consolidated Total Income of Rs 9741.17 Crore, up 7.32% from the previous quarter.
• Promoters held 34.77% stake......read more

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Reputation: 181,737  •  Nov 2 5:03 PM

𝗡𝗲𝘄𝘀 𝗦𝘂𝗺𝗺𝗮𝗿𝘆
• Hero Motocorp's net sales in September 2023 increased by 4.09% compared to the same period in 2022.
• The company's quarterly net profit also saw a significant increase of 46.17% in September 2023.
• Hero Motocorp's EPS has increased from Rs. 34.45 to Rs......read more

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Reputation: 181,737  •  Nov 2 3:53 PM

𝗡𝗲𝘄𝘀 𝗦𝘂𝗺𝗺𝗮𝗿𝘆
• Hero Motocorp's net sales for September 2023 increased by 4.08% compared to the same period in 2022.
• The company's quarterly net profit also saw a significant increase of 47.17% in September 2023.
• Hero Motocorp's EPS has also increased from Rs. 35.84......read more

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Reputation: 181,737  •  Nov 2 3:46 PM
Hot Stocks: Brokerages view on Sun Pharma, Hero MotoCorp, IOC and Godrej Consumer
Hot Stocks: Brokerages view on Sun Pharma, Hero MotoCorp, IOC and Godrej Consumer
Jefferies maintained a buy rating on Sun Pharma with a target price of Rs 1310. The Q2 miss was largely on higher operating expenses.
The Economic Times

𝗡𝗲𝘄𝘀 𝗦𝘂𝗺𝗺𝗮𝗿𝘆
• Jefferies maintained a buy rating on Sun Pharma with a target price of Rs 1310.
• Morgan Stanley remained underweight on Hero MotoCorp.
• Motilal Oswal recommended a buy on IOC and Godrej Consumer.
https://economictimes.indiatimes.com/markets/stocks/news......read more

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Reputation: 181,737  •  Nov 2 3:41 PM
Hero MotoCorp shares up 2% on strong Q2 earnings. Should you buy, sell or hold stock?
Hero MotoCorp shares up 2% on strong Q2 earnings. Should you buy, sell or hold stock?
Hero MotoCorp on Wednesday reported strong earnings for the quarter ended September 2023, with the net profit surging over 47% year-on-year (YoY) to Rs 1,054 crore. The bottomline was higher than the ETNow poll of Rs 983 crore. Revenue from operations increased by 4% on year to Rs Rs 9445.42 crore and was also above the estimated Rs 9,209 crore.
The Economic Times

𝗡𝗲𝘄𝘀 𝗦𝘂𝗺𝗺𝗮𝗿𝘆
• Hero MotoCorp reported strong earnings for the quarter ended September 2023, with net profit surging over 47% year-on-year to Rs 1,054 crore.
• Shares of Hero MotoCorp jumped 2% following strong earnings and favourable views from top brokerages.
• Top br......read more

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Reputation: 12,746  •  Nov 2 3:19 PM

👉𝐓𝐢𝐦𝐞 𝐅𝐫𝐚𝐦𝐞 1 𝐡𝐫
👉𝐈𝐍𝐓𝐑𝐀𝐃𝐀𝐘 𝐓𝐎 𝐒𝐖𝐈𝐍𝐆
👉 𝐓𝐑𝐀𝐃𝐄 𝐎𝐍 𝐄𝐈𝐓𝐇𝐄𝐑 𝐒𝐈𝐃𝐄 𝐁𝐑𝐄𝐀𝐊𝐎𝐔𝐓
(𝐜𝐚𝐧𝐝𝐥𝐞 𝐜𝐥𝐨𝐬𝐢𝐧𝐠 𝐩𝐫𝐞𝐟𝐟𝐞𝐫𝐞𝐝)
Chartbusters - chart - 209462370

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Reputation: 181,737  •  Nov 2 3:08 PM
Hero MotoCorp shares zoom on strong sales data, Q2 numbers
Hero MotoCorp shares zoom on strong sales data, Q2 numbers
Its domestic sales were up 26.4 percent at 5,59,766 units, while exports increased by 29 percent at 15,164 units.
Moneycontrol

𝗡𝗲𝘄𝘀 𝗦𝘂𝗺𝗺𝗮𝗿𝘆
• Hero MotoCorp reported a 47 percent jump in net profit for the quarter ended September 2023, exceeding analysts' expectations.
• The company's operating margin improved by 270 basis points in Q2FY24, and it also posted strong sales data for October 2023.
• The company expects demand to remain optimistic due to recent product launches and the ongoing festive season......read more

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Reputation: 181,737  •  Nov 2 12:41 PM
Octoberfest: Most macro indicators enter party zone
Octoberfest: Most macro indicators enter party zone
Economists say most indicators remain elevated but there are signs of growth slowing. "India's manufacturing sector generated substantial growth in October, despite a challenging global economic environment," said Pollyanna De Lima, economics associate director at S&P Global Market Intelligence.
The Economic Times

𝗡𝗲𝘄𝘀 𝗦𝘂𝗺𝗺𝗮𝗿𝘆
• India's manufacturing sector showed substantial growth in October, despite a challenging global economic environment.
• However, there are signs of growth slowing, with the seasonally adjusted S&P Global India Manufacturing Purchasing Managers' Index (PM......read more

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Reputation: 181,737  •  Nov 2 2:56 AM
Hero MotoCorp Q2 Results: Net profit surges 47% YoY to Rs 1054 crore
Hero MotoCorp Q2 Results: Net profit surges 47% YoY to Rs 1054 crore
Even as the company reported a robust increase in net profit, Hero MotoCorp Executive Chairman Pawan Munjal took a voluntary pay cut, according to a company filing with the exchanges.
The Economic Times

𝗡𝗲𝘄𝘀 𝗦𝘂𝗺𝗺𝗮𝗿𝘆
• Hero MotoCorp reported a 47% increase in net profit for the second quarter, beating street estimates.
• Executive Chairman Pawan Munjal took a voluntary pay cut of 20%, effective January 1, 2024.
• The company's CFO Niranjan Gupta has been appointed as t......read more

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Reputation: 181,737  •  Nov 1 11:46 PM
Two-wheeler sales surge in festive season: Hero MotoCorp leads with 26.4% growth
Two-wheeler sales surge in festive season: Hero MotoCorp leads with 26.4% growth
In the midst of the ongoing festive season, the Indian market witnessed a robust double-digit increase in motorcycle and scooter sales last month, reflecting improved consumer sentiments. Hero MotoCorp, the market leader, reported a substantial growth of 26.4%, selling over half a million units domestically. Rival companies such as Honda Motorcycle and Scooter India, TVS Motor Company, and Bajaj Auto also experienced significant sales upticks.
The Economic Times

𝗡𝗲𝘄𝘀 𝗦𝘂𝗺𝗺𝗮𝗿𝘆
• The Indian market saw a double-digit increase in motorcycle and scooter sales last month, driven by improved consumer sentiments during the festive season.
• Hero MotoCorp, Honda Motorcycle and Scooter India, TVS Motor Company, and Bajaj Auto all reporte......read more

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Reputation: 181,737  •  Nov 1 11:26 PM
Hero MotoCorp's Pawan Munjal to take 20% pay cut following split in Chairman and CEO roles
Hero MotoCorp's Pawan Munjal to take 20% pay cut following split in Chairman and CEO roles
Earlier this year, Hero decided to separate the roles of the Chairman & CEO and appoint a CEO for the company. Following this transition, Munjal volunteered to reduce his fixed salary. Munjal has been accused of forgery and fraud charges in an FIR filed by the Delhi Police recently. The Delhi High Court later stayed the criminal proceedings against Hero MotoCorp and its chairman in the case.
The Economic Times

𝗡𝗲𝘄𝘀 𝗦𝘂𝗺𝗺𝗮𝗿𝘆
• Hero MotoCorp Chairman Pawan Munjal will take a 20% pay cut from his fixed salary following the split of Chairman and CEO roles.
• Munjal has been accused of forgery and fraud charges in an FIR filed by the Delhi Police, but the Delhi High Court has stay......read more

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Reputation: 181,737  •  Nov 1 11:13 PM
Hero MotoCorp Chairman Pawan Munjal agrees to take 20% pay cut
Hero MotoCorp Chairman Pawan Munjal agrees to take 20% pay cut
In FY23, Hero Moto had paid Rs 99.55 crore as remuneration to Pawan Munjal, which was 18.02 percent higher than previous year. After a 20 percent cut, it will be around Rs 80 crore.
Moneycontrol

𝗡𝗲𝘄𝘀 𝗦𝘂𝗺𝗺𝗮𝗿𝘆
• Pawan Munjal, Executive Chairman of Hero MotoCorp, has volunteered to take a 20 percent pay cut following the separation of the roles of Chairman and CEO.
• In FY23, Hero Moto paid Rs 99.55 crore as remuneration to Munjal, which was 18.02 percent higher ......read more

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Reputation: 181,737  •  Nov 1 10:53 PM
Hero MotoCorp Q2 results: Net profit jumps 47% to Rs 1,054 crore, beats estimates
Hero MotoCorp Q2 results: Net profit jumps 47% to Rs 1,054 crore, beats estimates
According to five brokerage estimates, the company’s net profit is expected to climb 33 percent on-year to Rs 955 crore in Q2FY24, compared to Rs 716 crore in Q2FY23.
Moneycontrol

𝗡𝗲𝘄𝘀 𝗦𝘂𝗺𝗺𝗮𝗿𝘆
• Hero MotoCorp reported a 47 percent jump in net profit at Rs 1,054 crore for the quarter ended September 30, 2023.
• The company's net profit is expected to climb 33 percent on-year to Rs 955 crore in Q2FY24, according to five brokerage estimates.
• Reve......read more

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Reputation: 181,737  •  Nov 1 10:36 PM
Hero MotoCorp Q2 Results: PAT surges 47% YoY to Rs 1,054 crore, beats estimates
Hero MotoCorp Q2 Results: PAT surges 47% YoY to Rs 1,054 crore, beats estimates
Revenue from operations increased 4% on year to Rs Rs 9445.42 crore, and was also above the estimated Rs 9,209 crore. Earnings before interest, taxes, depreciation and amortization or EBITDA for the quarter increased by 28% on year to Rs 1,328.29 crore. This was likely aided by easing input costs, price hikes, and a favourable product mix.
The Economic Times

𝗡𝗲𝘄𝘀 𝗦𝘂𝗺𝗺𝗮𝗿𝘆
• Hero MotoCorp Ltd. reported a strong quarter with a 47% increase in net profit year-on-year to Rs 1,054 crore.
• Revenue from operations also increased by 4% to Rs 9445.42 crore, surpassing the estimated Rs 9,209 crore.
• The company's performance exceed......read more

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Reputation: 181,737  •  Nov 1 7:41 PM
Hero MotoCorp October sales up 26.5 pc at 5,74,930 units
Hero MotoCorp October sales up 26.5 pc at 5,74,930 units
Hero MotoCorp said it expects demand to remain optimistic on the back of the recent product launches in the premium segment and ongoing festive season.
The Economic Times

𝗡𝗲𝘄𝘀 𝗦𝘂𝗺𝗺𝗮𝗿𝘆
• Hero MotoCorp reported a 26.5% increase in total sales in October 2023, with motorcycle sales up 26.2% and scooter sales up 30.2%.
• The company also commenced deliveries of its first co-developed premium motorcycle, the Harley-Davidson X440, during the ......read more

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Reputation: 181,737  •  Nov 1 7:28 PM
Hero MotoCorp October sales up 26.5% at 5,74,930 units
Hero MotoCorp October sales up 26.5% at 5,74,930 units
Motorcycle sales were at 5,29,341 units last month, as compared to 4,19,568 units in October 2022, up 26.2 per cent, Hero MotoCorp said in a regulatory filing.
Moneycontrol

𝗡𝗲𝘄𝘀 𝗦𝘂𝗺𝗺𝗮𝗿𝘆
• Hero MotoCorp reported a 26.5% increase in total sales in October 2023, with motorcycle sales up 26.2% and scooter sales up 30.2%.
• Exports of two-wheelers also grew by 29% last month.
• The company delivered 1,000 units of its co-developed premium moto......read more

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Reputation: 181,737  •  Nov 1 2:46 AM
Two-wheeler EV sales rise 12% as Ola Electric sees festive surge
Two-wheeler EV sales rise 12% as Ola Electric sees festive surge
Ola Electric sold 22,284 vehicles in October, up from 18,691 vehicles sold in September, according to the portal. Rival Ather Energy sold 8,025 vehicles in October, up from the 7,151 vehicles a month ago.
The Economic Times

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Reputation: 181,737  •  Oct 31 9:43 PM
Hero Moto Q2 preview: Double-digit profit growth likely on export boost, higher ASP
Hero Moto Q2 preview: Double-digit profit growth likely on export boost, higher ASP
Brokerages estimate the company's profit to grow by 33 percent YoY in Q2FY24, while revenue is expected to rise by 3 percent YoY
Moneycontrol

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Reputation: 181,737  •  Oct 31 8:46 PM
HDFC Life, Grasim Industries among 5 Nifty stocks with golden crossover pattern
HDFC Life, Grasim Industries among 5 Nifty stocks with golden crossover pattern
This article delves into the Golden Crossover, a pivotal pattern for stock analysis, and its implications. We've chosen 5 stocks from the list of 40 Nifty stocks, reported by Trendlyne on October 31, Tuesday, that have recently witnessed this pattern.
The Economic Times

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Reputation: 181,737  •  Oct 31 5:56 AM
NIIF and Macquarie in talks to pick stake in Tecso Charge Zone
NIIF and Macquarie in talks to pick stake in Tecso Charge Zone
Leading infrastructure investors, the National Investment and Infrastructure Fund (NIIF) and Macquarie Group, are in the early stages of discussions to acquire a significant minority stake in Tecso Charge Zone.
The Economic Times

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Reputation: 181,737  •  Oct 31 5:31 AM
NIIF and Macquarie in talks to pick stake in Tecso Charge Zone
NIIF and Macquarie in talks to pick stake in Tecso Charge Zone
Leading infrastructure investors, the National Investment and Infrastructure Fund (NIIF) and Macquarie Group, are in the early stages of discussions to acquire a significant minority stake in Tecso Charge Zone.
The Economic Times

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Reputation: 181,737  •  Oct 30 3:56 PM
Eye on auto sector in this festive season; Hero Moto, Maruti top buys that could give 13-18% upside
Eye on auto sector in this festive season; Hero Moto, Maruti top buys that could give 13-18% upside
Dealers believe that this year's festival season is expected to be record-breaking for PVs and 2Ws after two dull years since Covid.
The Economic Times

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Reputation: 181,737  •  Oct 25 11:31 AM
EV company Exponent eyes $25 million at $100-120 million valuation
EV company Exponent eyes $25 million at $100-120 million valuation
Exponent Energy had last raised $13 million in August 2022 in a Series A led by Lightspeed that valued the Bengaluru-based startup at around $45 million.
The Economic Times

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Reputation: 12,746  •  Oct 22 11:04 PM

#HEROMOTOCO (INTRADAY TRADE)
~ A good RRR trade for intraday.✅
~ Trade only after reversal .✅
~ Strong Fibonacci Support.✅
Chartbusters - chart - 199401736

7 Votes

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Reputation: 181,737  •  Oct 20 12:48 PM
Trade Spotlight | How to deal in Hero MotoCorp, NBCC, Welspun India counters today
Trade Spotlight | How to deal in Hero MotoCorp, NBCC, Welspun India counters today
NBCC traded above all key moving averages since the second half of July, and formed long bullish candlestick pattern with upper and lower shadows on the daily charts, with robust volumes.
Moneycontrol

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C
Reputation: 1,430  •  Oct 19 11:48 PM

Breakout on hero moto corp.

CMP- 3265.85 SL-3089.00
T1- 3600.00
T2- 4000.00

This post is for educational purpose only. Thank you.
Chartbusters - 198168939

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Reputation: 181,737  •  Oct 19 5:51 AM
Greaves Electric offers to pay ₹125 crore for flouting FAME subsidy norms
Greaves Electric offers to pay ₹125 crore for flouting FAME subsidy norms
Greaves Electric Mobility, formerly known as Ampere Electric Vehicles, has offered to refund the subsidy it received under the FAME India scheme. The company is one of seven electric two-wheeler makers accused of selling vehicles without meeting localisation requirements. Greaves plans to repay around ₹124.91 crore, making it the second company to offer a refund.
The Economic Times

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Reputation: 181,737  •  Oct 18 3:43 PM
IRM Energy & Tata Tech IPOs to Hudco stake sell: Check out primary market actions
IRM Energy & Tata Tech IPOs to Hudco stake sell: Check out primary market actions
IRM Energy’s IPO is all set to open on October 18 whereas Tata Technologies IPO is expected to launch in mid-November, according to reports.
Moneycontrol

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Reputation: 181,737  •  Oct 18 2:21 AM
CIE Automotive Q3 Results: Net profit rises 11.4% to Rs 187 crore
CIE Automotive Q3 Results: Net profit rises 11.4% to Rs 187 crore
The unit of Spain's CIE Automotive reported a consolidated profit from continuing operations of 1.87 billion rupees ($22.46 million) for the three months to Sept. 30, compared with 1.68 billion rupees a year earlier.
The Economic Times

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Reputation: 181,737  •  Oct 18 12:23 AM
Hero MotoCorp arm Hero FinCorp picks 8 i-banks for mega IPO of around Rs 4,000 crore
Hero MotoCorp arm Hero FinCorp picks 8 i-banks for mega IPO of around Rs 4,000 crore
Hero MotoCorp owns around 40 per cent stake in Hero Fincorp, the promoters, the Munjal family hold around 35-39 per cent while the balance is held by private equity investors like Apollo Global, ChrysCapital, Credit Suisse and some dealers of HeroMoto Corp.
Moneycontrol

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Reputation: 4,261  •  Oct 17 5:12 AM

Proper levels are given in chart at 1 h time frame 😊
Always keep learning 😊❤️✅
Chartbusters - chart - 194162080

2 Votes

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Reputation: 181,737  •  Oct 16 8:51 PM
Industry expecting double-digit growth this festive season: Hero MotoCorp CEO
Industry expecting double-digit growth this festive season: Hero MotoCorp CEO
Hero MotoCorp CEO, Niranjan Gupta, is optimistic about the upcoming festive season, stating that the company's booking and inquiry numbers are up by 20% compared to last year. Gupta expects the industry to experience double-digit growth, driven by strong brands and the addition of new models. Incentives have been extended to salespeople and technicians to boost sales, and Gupta believes that pent-up demand and a delayed festive season will further contribute to sales.
The Economic Times

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Reputation: 17,209  •  Oct 16 5:55 PM

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Reputation: 181,737  •  Oct 15 10:26 PM
Acer enters India's electric scooter market with ebike priced at Rs 99,999
Acer enters India's electric scooter market with ebike priced at Rs 99,999
The electronics and hardware company unveiled the MUVI 125 4G on Sunday, its first electric vehicle offering in India
The Economic Times

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Reputation: 181,737  •  Oct 13 2:01 AM
HC stays proceedings against Hero MotoCorp, Chairman Pawan Munjal in forgery case
HC stays proceedings against Hero MotoCorp, Chairman Pawan Munjal in forgery case
The Delhi High Court has granted a stay on the criminal proceedings against Hero MotoCorp, its chairman Pawan Munjal, and officials in a case of alleged forgery. The court has ordered the stay until December 6 and has also suggested the possibility of a settlement. Hero MotoCorp had challenged the trial court's order to register an FIR against them.
The Economic Times

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Reputation: 181,737  •  Oct 12 7:31 PM
Relief for Hero MotoCorp's Pawan Munjal till Dec 6 as Delhi court stays proceedings based on FIR
Relief for Hero MotoCorp's Pawan Munjal till Dec 6 as Delhi court stays proceedings based on FIR
The Delhi High Court has issued a stay on proceedings in a first information report (FIR) filed against Hero MotoCorp and its Chairman Pawan Munjal in an alleged bill forgery case. The FIR, filed by the Delhi Police, accuses certain officials of Hero MotoCorp of forgery, falsification of accounts, criminal conspiracy, and cheating. Hero MotoCorp has stated that the case is an old matter dating back to 2009-10 and involves a disgruntled service provider.
The Economic Times

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M
Reputation: 16,948  •  Oct 11 9:15 PM

Expert: Dekha mere comment aur analysis ke baad hi saab kuch hota hai...Dekha 💥
.
Beginner: Nahi Sir, kya dekhu 👀
.
Expert: #RELIANCE aur #HEROMOTOCO ka Price rocket ho gaya upper hi upper... Ab chaand tak jayega 😝
.
Beginner: Sir, kya abhi profit book karne chand pe jana hoga......read more
Markets Humor - 190366697

10 Votes

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Reputation: 181,737  •  Oct 10 11:51 AM
Bear Attack: Israel-Hamas conflict spills onto Street
Bear Attack: Israel-Hamas conflict spills onto Street
The Sensex dropped 483.24 points, or 0.73%, to close at 65,512.39 while Nifty declined 141.15 points, or 0.72%, to close at 19,512.35.
The Economic Times

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Reputation: 9,352  •  Oct 9 10:44 PM
Post by JaminChakkar in Chartbusters Club on FrontPage
Post by JaminChakkar in Chartbusters Club on FrontPage
#HEROMOTOCO Intraday Stock for Tomorrow 09.10.23👇👇
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Reputation: 181,737  •  Oct 9 10:21 PM
Two-wheeler EV maker Ather Energy rides into Nepal
Two-wheeler EV maker Ather Energy rides into Nepal
Recently, the Tiger Global-backed EV startup secured Rs 900 crore in funding from two-wheeler major Hero MotoCorp and Singaporean sovereign wealth fund GIC, both of which are existing shareholders in Ather.
The Economic Times

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Reputation: 181,737  •  Oct 9 9:33 PM
Nifty Auto falls 1%, Hero Motocorp top loser; Maruti Suzuki down as company announces festive discounts
Nifty Auto falls 1%, Hero Motocorp top loser; Maruti Suzuki down as company announces festive discounts
Shares of Maruti Suzuki fell after the auto major announced festive discounts of up to Rs 65,000 on several models.
Moneycontrol

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Reputation: 181,737  •  Oct 9 9:13 PM
Nifty Auto falls 1%, Hero Motocorp top loser; Maruti Suzuki down as company announces festive discounts
Nifty Auto falls 1%, Hero Motocorp top loser; Maruti Suzuki down as company announces festive discounts
Shares of Maruti Suzuki fell after the auto major announced festive discounts of up to Rs 65,000 on several models.
Moneycontrol

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Reputation: 181,737  •  Oct 9 8:51 PM
India demands e-scooter makers return $60 million aid for using China parts
India demands e-scooter makers return $60 million aid for using China parts
Several electric scooter startups in India are facing challenges and losing investor interest due to their reliance on Chinese parts instead of local sourcing. The government has demanded that six companies return subsidies worth $60 million for violating localization rules. Last year, a series of e-scooter fires prompted an investigation into whether companies were meeting localization norms.
The Economic Times

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Reputation: 181,737  •  Oct 9 8:41 PM
Hero MotoCorp shares fall over 3% on FIR against Chairman Pawan Munjal for alleged fraud
Hero MotoCorp shares fall over 3% on FIR against Chairman Pawan Munjal for alleged fraud
The correction brings the stock below its 50-day Simple Moving Average (SMA) of Rs 3,005.80 according to Trendlyne data though it is still trading above its 200-DMA
The Economic Times

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Reputation: 181,737  •  Oct 9 6:51 PM
Delhi police lodges FIR against Hero Moto chairman Pawan Munjal, alleging forgery
Delhi police lodges FIR against Hero Moto chairman Pawan Munjal, alleging forgery
A FIR has been filed against Hero MotoCorp Chairman Pawan Munjal by the Delhi Police for allegedly falsifying accounts and availing tax credits on fake bills. The FIR accuses Munjal of forgery, cheating, and falsifying the books of accounts. Earlier this year, the Enforcement Directorate conducted searches against Munjal as part of a money laundering investigation. The raids were carried out at residential and business premises in Delhi and Gurugram. Hero MotoCorp stated that they are cooperating with the agency.
The Economic Times

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Reputation: 181,737  •  Oct 9 6:28 PM
Hero Moto drops 3% on reports of Delhi Police FIR against Pawan Munjal
Hero Moto drops 3% on reports of Delhi Police FIR against Pawan Munjal
This case is not related to money laundering investigation being carried out by Enforcement Directorate and the Directorate of Revenue Intelligence (DRI), an investigative arm of the Central Board of Indirect Taxes and Customs (CBIC).
Moneycontrol

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JaminChakkar-display-image
Reputation: 9,352  •  Oct 8 11:23 PM

Intraday Stock for Tomorrow 09.10.23
👇👇
Chartbusters - chart - 186267673

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Reputation: 181,737  •  Oct 8 5:46 AM
College campuses turn battleground for EV industry's talent war in India
College campuses turn battleground for EV industry's talent war in India
India's electric vehicle (EV) industry is aggressively recruiting talent from engineering colleges for various roles in research and development, design, production, and management. Companies like Tata Motors, Hero MotoCorp, and Ola Electric are among those recruiting from top campuses such as NIT Calicut and IIT-BHU. The demand for EV talent has surged, signaling a positive trend in a year when overall tech hiring has been impacted. The industry's focus on hiring reflects the growing shift towards EVs in the country, especially in the two-wheeler segment.
The Economic Times

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Reputation: 181,737  •  Oct 5 2:38 PM
Hero Motocorp in focus after over 13,000 Karizma XMRs booked
Hero Motocorp in focus after over 13,000 Karizma XMRs booked
In September, the two-wheeler major sold 5,36,499 motorcycles, 3 percent more than it did in the year-ago period
Moneycontrol

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Reputation: 23,525  •  Oct 4 4:04 AM


Hero MotoCorp: The world's largest two-wheeler maker is set to commence deliveries of its first co-developed premium motorcycle Harley-Davidson X440 on October 15. It has been organising test rides for pre-booked customers since September 1, and the new booking windo......read more

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Reputation: 181,737  •  Oct 3 9:31 PM
Tata Motors, IndusInd Bank among 5 large cap stocks trading above 50-Day SMA
Tata Motors, IndusInd Bank among 5 large cap stocks trading above 50-Day SMA
The stock market brought notable developments on September 29 with several large-cap stocks demonstrating their vigor by crossing their 50-day Simple Moving Averages (SMA).
The Economic Times

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Reputation: 181,737  •  Oct 3 3:13 PM
Hero Motocorp falls as 3% rise in sales in September fails to impress investors
Hero Motocorp falls as 3% rise in sales in September fails to impress investors
India's largest motorcycle maker, which expects a healthy demand in the upcoming festival season, will increase the prices of select bikes and scooters from today
Moneycontrol

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Reputation: 181,737  •  Oct 3 3:06 PM
Buy Hero MotoCorp, target price Rs 3630:  Motilal Oswal
Buy Hero MotoCorp, target price Rs 3630: Motilal Oswal
Hero MotoCorp Ltd., incorporated in the year 1984, is a Large Cap company (having a market cap of Rs 60711.89 Crore) operating in Auto sector.
The Economic Times

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Reputation: 181,737  •  Sep 29 11:11 PM
ETtech Deals Digest: September brings some cheer as funding more than doubles sequentially
ETtech Deals Digest: September brings some cheer as funding more than doubles sequentially
As the sequential rise provided a respite during a funding decline, September fared relatively better in terms of year-over-year comparison, down only about 8% from the total deal value in September 2022.
The Economic Times

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Reputation: 181,737  •  Sep 28 8:01 PM
Car sales in September set to touch fresh highs on strong festive demand
Car sales in September set to touch fresh highs on strong festive demand
Car sales in India are expected to reach record highs in September, driven by strong consumer demand during the festive season and the launch of new SUV models. Industry sources predict that car makers will dispatch around 365,000-370,000 units in September, representing a growth of 3-4%. The industry is also set to continue with aggressive dispatches in October and November. While dealers are stocking up for the surge in sales, the underlying demand remains strong.
The Economic Times

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Reputation: 181,737  •  Sep 27 7:11 PM
Ather 450S HR electric scooter with 156 km range coming soon: Report
Ather 450S HR electric scooter with 156 km range coming soon: Report
Ather Energy is reportedly developing a new electric scooter with a range of 156 km. The scooter, known as the Ather 450S HR, will feature a 3.76 kWh battery pack and is expected to have the highest range in the Ather lineup. Ather Energy recently raised INR 900 crore from existing shareholders to fund new product launches and expand its charging infrastructure and retail network.
The Economic Times

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Reputation: 181,737  •  Sep 26 3:08 AM
Hero MotoCorp to hike Karizma XMR’s prices by Rs 7,000 from October 1
Hero MotoCorp to hike Karizma XMR’s prices by Rs 7,000 from October 1
Until midnight on September 30, the Karizma XMR will be available at the introductory price of Rs 1,72,900.
Moneycontrol

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Reputation: 181,737  •  Sep 25 8:46 PM
Hero MotoCorp announces price of Karizma as introductory offer gets over
Hero MotoCorp announces price of Karizma as introductory offer gets over
Hero MotoCorp has announced the new price of the Karizma XMR motorcycle, keeping the per unit ex-showroom price at Rs 179,000. The current booking window for the motorcycle will close on September 30, and the date for the new booking window will be announced later with the revised price. The company has already started production and will soon commence deliveries.
The Economic Times

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Reputation: 181,737  •  Sep 25 5:16 PM
EV firm Ather Energy's losses swell 2.5 times to reach Rs 865 cr in FY23
EV firm Ather Energy's losses swell 2.5 times to reach Rs 865 cr in FY23
Ather Energy, the electric vehicle company backed by Hero MotoCorp, reported a significant increase in losses for the financial year 2022-23. The company's losses surged more than 2.5 times to reach Rs 864.5 crore, compared to Rs 344.1 crore in the previous year. Despite strong sales, Ather's total expenses more than tripled to Rs 2,670.6 crore. The company plans to use the recently raised funds of Rs 900 crore for new product launches and the expansion of its charging infrastructure and retail network. Ather Energy currently has over 200 retail touchpoints and a public fast-charging network across India.
The Economic Times

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Reputation: 181,737  •  Sep 24 1:26 AM
Ather Energy's operating revenue hits Rs 1,783 Crore
Ather Energy's operating revenue hits Rs 1,783 Crore
The electric scooter maker, backed by Hero MotoCorp Ltd, had recorded an operating revenue of Rs 408 crore on loss of Rs 344 crore in FY22.
The Economic Times

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Reputation: 181,737  •  Sep 20 10:33 PM
Buy Hero MotoCorp; target of Rs 3629: Sharekhan
Buy Hero MotoCorp; target of Rs 3629: Sharekhan
Sharekhan is bullish on Hero MotoCorp has recommended buy rating on the stock with a target price of Rs 3629 in its research report dated September 18, 2023.
Moneycontrol

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Reputation: 181,737  •  Sep 20 4:48 PM
Reduce Hero MotoCorp; target of Rs 2672 HDFC Securities
Reduce Hero MotoCorp; target of Rs 2672 HDFC Securities
HDFC Securities recommended reduce rating on Hero MotoCorp with a target price of Rs 2672 in its research report dated September 18, 2023.
Moneycontrol

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Reputation: 181,737  •  Sep 20 2:46 PM
When a bull market corrects, you will know who has been swimming naked: Atul Suri
When a bull market corrects, you will know who has been swimming naked: Atul Suri
“In every bull market, everything is never perfect and kosher. And then that is our job. We have to be really smart and see which of these are actually backed by fundamentals? If they are backed by fundamentals, yes, they will correct but they will not crap out. So you have to be sensible.”
The Economic Times

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Reputation: 181,737  •  Sep 18 10:21 PM
Eicher Motors, ITC among 10 Nifty stocks with golden crossover pattern
Eicher Motors, ITC among 10 Nifty stocks with golden crossover pattern
On September 18, Monday, Trendlyne identified over 40 Nifty stocks with the Golden Crossover formation. ETMarkets has handpicked 10 stocks from this list for a closer examination, providing insights for investors
The Economic Times