Edition:
India

Hero MotoCorp Ltd (HROM.NS)

HROM.NS on National Stock Exchange of India

2,706.20INR
7 Aug 2020
Change (% chg)

Rs1.75 (+0.06%)
Prev Close
Rs2,704.45
Open
Rs2,710.00
Day's High
Rs2,720.00
Day's Low
Rs2,670.10
Volume
854,162
Avg. Vol
1,826,429
52-wk High
Rs3,022.90
52-wk Low
Rs1,475.00

Latest Key Developments (Source: Significant Developments)

India's Hero Motocorp Names Rajat Bhargava As Chairman & CEO
Tuesday, 21 Jul 2020 

July 21 (Reuters) - Hero MotoCorp Ltd ::RAJAT BHARGAVA APPOINTED AS CHIEF OF STAFF, OFFICE OF CHAIRMAN & CEO.MAHESH KAIKINI APPOINTED AS CHIEF QUALITY OFFICER.BHARGAVA JOINED HERO IN 2013 FROM MCKINSEY WHERE HE WAS SENIOR PARTNER.  Full Article

Hero Motocorp Ltd Says Sells About 450,000 Units Of Motorcycles & Scooters In June
Wednesday, 1 Jul 2020 

July 1 (Reuters) - Hero MotoCorp Ltd ::HERO MOTOCORP LTD SAYS SELLS 450,000 UNITS OF MOTORCYCLES & SCOOTERS IN JUNE 20.HERO MOTOCORP LTD SAYS SALES IN Q1 OF FY'21 WAS SUBDUED DUE TO IMPACT OF COVID-19.HERO MOTOCORP LTD SAYS MADE SIGNIFICANT PROGRESS IN RAMPING-UP PRODUCTION ACROSS ALL ITS EIGHT MANUFACTURING FACILITIES.HERO MOTOCORP LTD SAYS SOLD A TOTAL OF 563,426 UNITS OF MOTORCYCLES AND SCOOTERS IN Q1 OF FINANCIAL YEAR 2020-21..  Full Article

India's FY Passenger Vehicle Sales Down 17.82% At 2.78 MLN- Industry Body
Monday, 13 Apr 2020 

April 13 (Reuters) - :INDIA'S FY2019-20 PASSENGER VEHICLE SALES DOWN 17.82% AT 2.78 MILLION- INDUSTRY BODY.INDIA'S MARCH PASSENGER VEHICLE SALES DOWN 51% AT 143014 - INDUSTRY BODY.INDIA'S MARCH PASSENGER CAR SALES DOWN 52% AT 85229- INDUSTRY BODY.INDIA'S MARCH COMMERCIAL VEHICLE SALES DOWN 88% AT 13027.INDIA'S MARCH TWO WHEELER SALES DOWN 40% AT 866849-INDUSTRY BODY.INDIA'S FY PASSENGER CAR SALES DOWN 23.48% AT 1.7 MILLION UNITS- INDUSTRY BODY.INDIA'S FY COMMERCIAL VEHICLE SALES DOWN 28.75% AT 717688- INDUSTRY BODY.INDIA'S FY TWO WHEELER SALES DOWN 17.76% AT 17.42 MILLION- INDUSTRY BODY.  Full Article

India Top Court Eases Deadline For Sale Of Older Emission Tech Vehicles By Auto Dealers
Friday, 27 Mar 2020 

March 27 (Reuters) - :INDIA'S SUPREME COURT EASES MARCH 31 DEADLINE FOR SALE, REGISTRATION OF OLDER EMISSION TECHNOLOGY VEHICLES BY AUTO DEALERS.INDIA'S SUPREME COURT ALLOWS SALE OF 10% OF UNSOLD INVENTORY TILL 10 DAYS POST INDIA LOCKDOWN.  Full Article

India Auto Trade Body Exec Says Continued Disruption In China To Hamper Production
Wednesday, 11 Mar 2020 

March 11 (Reuters) - Society of Indian Automobile Manufacturers President Rajan Wadhera::SAYS DISRUPTION IN AVAILABILITY OF AUTO PARTS LIKELY TO CRITICALLY HAMPER PRODUCTION ACROSS SEGMENTS.SAYS DISRUPTION IN AVAILABILITY OF AUTO PARTS LIKELY TO GRAVELY AFFECT ELECTRIC VEHICLES.SAYS CONTINUED LOCKDOWN IN CHINA TO IMPACT SUPPLY OF AUTO PARTS FOR BS-VI VEHICLES.SAYS 'MANY AUTOMAKERS' IMPORT ABOUT 10% OF RAW MATERIALS FROM CHINA.SAYS MANUFACTURERS EXPLORING ALTERNATIVE SOURCES FOR PARTS BUT WILL TAKE SUBSTANTIAL TIME TO REACH STABLE PRODUCTION.  Full Article

Hero Motocorp Ltd - Sells 498,242 Units Of Two wheelers In Feb 2020
Monday, 2 Mar 2020 

March 2 (Reuters) - Hero MotoCorp Ltd ::HERO MOTOCORP LTD - SELLS 498,242 UNITS OF TWOWHEELERS IN FEB 2020 VERSUS 617,215 UNITS IN FEB 2019.HERO MOTOCORP LTD - COMPONENT MAKERS IN CHINA, HAVING RESTARTED PRODUCTION, ARE ALSO EXPECTED TO RESUME NORMAL SUPPLIES SOON.HERO MOTOCORP SAYS MADE PROGRESS IN DEVELOPING ALTERNATE SOURCES FOR PROCURING COMPONENTS SINCE CORONAVIRUS DISRUPTED MANUFACTURING IN FEBRUARY.  Full Article

India's Hero MotoCorp Says Loss From Coronavirus Outbreak Not Quantifiable Yet
Thursday, 20 Feb 2020 

Feb 20 (Reuters) - Hero MotoCorp Ltd ::FURTHER TO FEB. 14 COVID-19 ANNOUNCEMENT, CLARIFIES THAT LOSS, IF ANY, IS NOT QUANTIFIABLE & WILL DEPEND ON DEVELOPING SITUATION IN CHINA.MONITORING THE SITUATION.  Full Article

India Auto Industry Body Exec Sees Further Demand Slowdown From April
Friday, 10 Jan 2020 

Jan 10 (Reuters) - Bajaj Auto Ltd ::INDIA AUTO INDUSTRY BODY EXEC SAYS ECONOMIC SLOWDOWN AND LOW CONSUMER SENTIMENT STILL AFFECTING DEMAND FOR CARS.INDIA AUTO INDUSTRY BODY EXEC SAYS EXPECT AUTO DEMAND TO SLOWDOWN DUE TO COST INCREASE ONCE TIGHTER EMISSION NORMS COME IN FROM APRIL.INDIA AUTO INDUSTRY BODY EXEC SAYS EXPECT PASSENGER CAR SALES TO BE FLAT, SUVS TO GROW NEXT FISCAL YEAR.INDIA AUTO INDUSTRY BODY EXEC SAYS DON’T SEE DISCOUNTS ON VEHICLES CONTINUING AS INVENTORY LEVELS WITH DEALERS HAVE FALLEN.INDIA AUTO INDUSTRY BODY EXEC SAYS AVAILABILITY AND AFFORDABILITY OF VEHICLE FINANCE HAS BECOME BETTER.INDIA AUTO INDUSTRY BODY EXEC SAYS DECLINE IN PASSENGER VEHICLES SALES GROWTH WORST ON RECORD.  Full Article

India's Dec Total Domestic Passenger Vehicle Sales Down 1.24% - Industry Body
Friday, 10 Jan 2020 

Jan 10 (Reuters) - TVS Motor Company Ltd ::INDIA'S DEC TOTAL DOMESTIC PASSENGER VEHICLE SALES AT 235786 VEHICLES - INDUSTRY BODY.INDIA'S DEC TOTAL DOMESTIC PASSENGER VEHICLE SALES DOWN 1.24% VERSUS YEAR AGO - INDUSTRY BODY.INDIA'S DEC DOMESTIC PASSENGER CAR SALES 142126 VEHICLES, DOWN 8.4 % VERSUS YEAR AGO - INDUSTRY BODY.INDIA'S DEC COMMERCIAL VEHICLE SALES 66622 VEHICLES, DOWN 12.32 % VERSUS YEAR AGO -INDUSTRY BODY.INDIA'S DEC TWO-WHEELER SALES 1050038 VEHICLES, DOWN 16.6% VERSUS YEAR AGO -INDUSTRY BODY.INDIA'S TOTAL DOMESTIC PASSENGER VEHICLE SALES FOR CALENDAR YEAR 2019 2962052 UNITS, DOWN 12.75% - INDUSTRY BODY.INDIA'S TOTAL DOMESTIC COMMERCIAL VEHICLE SALES FOR CALENDAR 2019 854759 UNITS, DOWN 14.99% - INDUSTRY BODY.INDIA'S TOTAL TWO-WHEELER VEHICLE SALES FOR CALENDAR 2019 18568280 UNITS, DOWN 14.19% - INDUSTRY BODY.  Full Article

Hero MotoCorp Dec Sales Fall To 424,845 Units
Thursday, 2 Jan 2020 

Jan 2 (Reuters) - Hero MotoCorp Ltd ::HERO MOTOCORP REPORTS SALES OF 424,845 UNITS IN DECEMBER 2019.DEC 2019 TOTAL EXPORTS 12,836 UNITS VERSUS 17394 UNITS.DEC SALES 424,845 UNITS VERSUS 453,985 UNITS YEAR AGO.  Full Article

ICRA ratings for Indian debt instruments-Aug 3

Aug 3 - Below are the ratings awarded by Investment Information Credit Rating Agency Ltd. (ICRA) for local debt instruments as of July 31, 2020. COMPANY INSTRUMENT RATING AMOUNT MOVEMENT (RS.MLN) ------ ---------- ------ ----- --------- SHORT TERM RATINGS: ------------------- Aadhar Housing Finance Ltd CP programme