Hero MotoCorp Limited (HEROMOTOCO.NS)
| Previous Close | 4,561.50 |
| Open | 4,577.50 |
| Bid | 0.00 x 0 |
| Ask | 0.00 x 0 |
| Day's Range | 4,516.85 - 4,579.95 |
| 52 Week Range | 2,512.55 - 4,949.05 |
| Volume | |
| Avg. Volume | 729,054 |
| Market Cap | 910.236B |
| Beta (5Y Monthly) | 0.82 |
| PE Ratio (TTM) | 25.20 |
| EPS (TTM) | N/A |
| Earnings Date | N/A |
| Forward Dividend & Yield | 110.00 (2.41%) |
| Ex-Dividend Date | Feb 21, 2024 |
| 1y Target Est | N/A |
- Reuters
India's Hero MotoCorp to introduce its electric vehicles in Europe
India's Hero MotoCorp plans to launch its electric vehicles in the United Kingdom and other European markets, starting with Spain and France, the company said on Tuesday. Hero, the country's top motorcycle manufacturer, will introduce its electric scooter brand VIDA V1 and begin commercial operations in those markets by mid-2024, it said. The company will then expand its premium range of ICE motorcycles and scooters in Europe, it added.
- Investing.com
Hero MotoCorp struggles with market share despite new launches, HDFC Securities maintains 'Reduce' rating
Hero MotoCorp's market share in the motorcycle sector has dipped by 380 basis points to 44.5% in the current fiscal year, according to a research report issued by HDFC Securities on Monday. This decline persists despite the company's numerous product launches, including Passion Plus, new Glamor, Xtreme160R 4V, X440, and Karizma.
- Reuters
UPDATE 2-India's Hero MotoCorp eyes more premium bike launches
Indian motorcycle maker Hero MotoCorp on Thursday doubled down on its bets on the premium segment after a tie-up with Harley-Davidson showed early promise, even as it missed first-quarter profit estimates on lower sales volumes. Two-wheeler makers including Hero have been struggling to return to pre-pandemic sales volumes, as costlier entry-level offerings deter buyers in the key rural market from making purchases. "We will see more launches of new models in this segment over next few quarters, as we intend to win big in premium segment," CEO Niranjan Gupta said in a statement.
