Hero MotoCorp has halted all manufacturing operations owing to the Covid-19 pandemic in the country. Sharekhan is bullish on Hero MotoCorp has recommended buy rating on the stock with a target price of Rs 3496 in its research report dated December 30,... 1.38 pm | 09 Nov 2020 |  Source: Moneycontrol.com. Hero MotoCorp is supporting the healthcare … HERO MOTOCORP LTD.has informed BSE that the meeting of the Board of Directors of the Company is scheduled on 06/05/2021 ,inter alia, to consider and approve the audited Standalone and Consolidated Financial Results for the quarter and financial year ended March 31, 2021 and to consider and recommend the final dividend, if any, for the financial year 2020-21. Hero MotoCorp and Gogoro has announced a strategic partnership to accelerate the shift to sustainable electric mobility in India. Hero MotoCorp, world's largest 2-wheeler maker, temporarily halts manufacturing 1 min read. Rs 65 per equity share (face value of Rs 2 per equity share) for the financial year ... 8.14 am | 04 Feb 2021 |  Source: Moneycontrol.com. The country's largest two-wheeler maker Hero MotoCorp on Tuesday said it is temporarily stopping operations at all its manufacturing facilities across the country, including its Global Parts Center (GPC), in the wake of a surge in COVID-19 cases across India. The board of directors declared an interim dividend at 3250% i.e. Unlocking opportunities in Metal and Mining, Price of Hero Motocorp on previous budgets. The Virtual Showroom will enable customers to … Share on Share on Share on Share on . HDFC Securities is bullish on Hero Motocorp has recommended buy rating on the stock with a target price of Rs 3380 in its research report dated Octobe... 4.58 pm | 03 Nov 2020 |  Source: Moneycontrol.com. Hero MotoCorp is looking to redefine its customers’ buying experience with its Virtual Showroom feature on its website. Supply of imported vehicle models as well as vehicle servicing operations will also not be affected in this period. Hero MotoCorp Ltd. (HEROMOTOCO) - Latest News & Headlines. Follow Outlook India On News. Get latest Hero Motocorp News/Updates and Results/Analysis. Hero MotoCorp shares were trading on a flat note. In 2020 alone, while the world was in the midst of a crippling global pandemic, Hero MotoCorp still managed to sell an impressive 5,791,539 two … This showroom provide a 360-degree view of both the space … Latest News. Tomorrow is different. Please find enclosed herewith the Annual Secretarial Compliance Report for the financial year ended on March 31, 2021 as per Regulation 24A of the Listing Regulations read with SEBI Circular No. Hero Moto said it will utilise the shutdown days to carry out maintenance work at plants. Hero MotoCorp temporarily halts manufacturing in India due to COVID A general view of the Hero MotoCorp plant is pictured during the unveiling of the company's 100 millionth motorcycle, in … Net Sales are expected to increase by 39.4 percent Y-o-Y (up 4.1 percent Q-o-Q) to Rs. We write in furtherance to our letter dated April 14, 2021, wherein we informed that a meeting of the Board of Directors has been scheduled for May 6, 2021, inter alia, to consider and approve the audited Standalone and Consolidated Financial Results for the quarter and financial year ended March 31, 2021. Please find enclosed herewith Compliance Certificate under Regulation 7(3) for the half year ended March 31, 2021. With a spike in the number of cases, companies like Maruti Suzuki, MG Motor, Hero MotoCorp and Honda Motorcycle & Scooter India have already announced temporary suspension of production work at their respective manufacturing facilities to break the transmission chain. Reproduction of news articles, photos, videos or any other content in whole or in part in any form or medium without express written permission of moneycontrol.com is prohibited. They include the A2B in June 2021, AXLHE-20 in August, … Details required under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 are provided in the attached Annexure. Updated: 21 Apr 2021, 01:08 PM IST HT Auto Desk. Add Alert; Share; 2,857.60 +6.45 (+0.23%) 23/04 Close INR Disclaimer. 9,752 crore, according to ICICI Direct.... 1.16 pm | 31 Dec 2020 |  Source: Moneycontrol.com. Indiabulls Housing Finance (IBH) and mortgage lender HDFC have entered into a strategic co-lending partnership. Hero MotoCorp launches virtual showroom feature to garner digital sales 1 min read. But record-low financing costs, unmet demand for personal mobility, and low OEM debt could undergird a robust rebound when curbs ease. Let's reshape it today, Hunt for the brightest engineers in India. Hero MotoCorp Introduces Online Virtual Showroom; Daimler, Volvo Plan Hydrogen Fuel Cell Production In Europe In 2025 ; F1: Former Williams & Mercedes Technical Director Paddy Lowe Is Working On Synthetic Fuels Ather 450X Presented With First-Runner Trophy For 2021 carandbike Two Wheeler Of The Year; Bajaj Auto Q4 Net Profit Rises 2 Per Cent, Rising Input Costs Hit … The Gogoro Network is an open platform for battery swapping and smart mobility services. No, Name of the Company Secretary: Ms Neerja Sharma, Name of the Chief Financial Officer: Mr Niranjan Gupta. Hero MotoCorp's News and Announcements. The move comes soon after the state bought thousands of four-wheelers and trucks for use as ambulances, public distribution system vehicles and garbage pick-up trucks in recent months. The substantial drop in monthly sales in attributed to the ongoing COVID-19 pandemic, as the nation is grappling with the second wave of COVID-19 crisis which is claiming more lives than before. Top stock ideas from Anand Rathi: Buy Hero Moto, Welspun Corp. 8.21 am | 27 Apr 2021 | Business Standard. Hero MotoCorp, the world’s largest two-wheeler manufacturer, has launched a Virtual Showroom feature to provide an Immersive Digital Buying Experience to customers. Stocks to watch: Nestle India, Hero Moto, ICICI Securities, Cyient, Lupin . The sales numbers of April 2021 were not comparable with the corresponding month of the previous year (April 2020), since no vehicles were manufactured and dispatched to dealers due to the nationwide lockdown after the outbreak of COVID-19, it added. Please find enclosed herewith Certificate under Regulation 74(5) for the quarter ended March 31, 2021. Ather Energy to invest Rs 635 cr in next five yrs at manufacturing facility HROM NSE INR Real-time HROMc1:NS NSE INR Real-time HROM BSE INR Delayed. For reprint rights: The Economic Times Digital Payments Forum, Automakers firm up measures to safeguard workforce amid COVID-19 surge, Hero MotoCorp reports 35 per cent dip in sales in April, Premium focus, exports help Bajaj Auto offset rising costs, F&O: Choppy market giving chance to buy on dips; rising VIX is a worry, Buy Hero MotoCorp, target price Rs 3300: Anand Rathi, Ather Energy expects to turn profitable by next year, Toyota to halt operations in Karnataka plants from April 26 to May 14, Stocks in the news: Indiabulls Housing, Hero MotoCorp, Indus Towers & Den Networks, Hero MotoCorp tied up with Gogoro Inc for electric mobility solutions, Hero Moto to temporarily suspend operations, Hero MotoCorp to temporarily shut operations due to rise in COVID cases, Hero MotoCorp launches chatbot services on social media platform, Autos poised to turn the corner sooner than you think, EV scooter-maker Ather Energy looks to treble capacity by end of next fiscal, Hero MotoCorp sales at 5,76,957 units in March, Andhra Pradesh to buy 1 lakh electric two-wheelers for staff. Nifty has to hold above 14,800 level to witness a bounce towards 15,000 and 15,150 levels, while support on the downside exists at 14,700 and 14,600 levels. The company had sold 3,34,647 units in March last year, when sales were "adversely impacted due to the impending transition to BS-VI from April 2020, in addition to the nationwide lockdown towards the latter half of the month due to coronavirus pandemic", Hero MotoCorp said in a statement. NSE. NEW DELHI: In the wake of a surge in Covid cases, two-wheeler maker Hero MotoCorp on Tuesday said it will “halt operations temporarily” at all its manufacturing facilities. New Delhi: India’s largest two-wheeler manufacturer Hero MotoCorp Ltd launched its American partner Harley-Davidson ’s all-new adventure touring motorcycle … With India reeling under the second wave of COVID-19 and lockdown issued in many parts of the country, Hero MotoCorp, the world’s largest two-wheeler manufacturer by volume, has […] Hero's virtual showroom promises to offer a complete 360-degree view of the space as well as … Prabhudas Lilladher recommended accumulate rating on Hero Motocorp with a target price of Rs 3282 in its research report dated October 29, 2020.... Facebook Twitter RSS Wap SMS SMS Alert iPad iPhone Blackberry OVI AndroidWindow, mcsearchhp->Moneycontrol/MC_Search/MC_Search_728x90->. With regards to the NIFTY SMLCAP 100 index, we are witnessing an indecisive candlestick on the weekly scale which indicates some consolidation, says K... 2.13 pm | 04 Mar 2021 |  Source: Moneycontrol.com. Symbol Exchange Currency. Ebitda dropped 60 bps YoY to 17.7 per cent, which was in line with the consensus analysts’ forecast. Upcoming India Inc.’s March quarter results, central bank’s MPC and the rise in COVID cases will play an important role in guiding market directio... 12.21 pm | 04 Apr 2021 |  Source: Moneycontrol.com. Emkay Global Financial is bullish on Hero Motocorp has recommended buy rating on the stock with a target price of Rs 3839 in its research report dated... 9.36 pm | 04 Nov 2020 |  Source: Moneycontrol.com. Copyright © e-Eighteen.com Ltd. All rights reserved. Sales last fiscal shrank to levels last seen in FY15. The virtual showroom showcases nine models, including the Splendor+, Passion Pro, Xpulse 200, Xtreme 160R, Xtreme 200S, Pleasure+, Maestro Edge 110, Maestro Edge 125 Stealth and Destini 125. Kindly note that, in this regard an earnings conference call with analysts/ investors is being scheduled on Friday, May 7, 2021, a copy of the invite is enclosed. This is for your information and further dissemination. The customers will now be able to avail a host of services from an easy-to-interact menu-based chatbot that can be accessed round-the-clock on the messaging platform, Hero MotoCrorp said in a release. Hero MotoCorp has been leading the two-wheeler market in India for some time. This shutdown will have no impact on the supply of other models such as the Glanza, the Urban Cruiser, which the company sources from alliance partner Maruti Suzuki. The sales numbers of April 2021 were not comparable with the corresponding month of the previous year (April 2020), since no vehicles were manufacture... 8.23 pm | 20 Apr 2021 |  Source: Moneycontrol.com. Please find enclosed herewith a copy of the Press Release being issued by the Company. CIR/CFD/CMD1/27/2019 dated February 8, 2019. Assembly election 2021 results highlights: Mamata sweeps Bengal, BJP retains Assam, DMK wrests TN, LDF set for a second term, Join us in CXO Round Table Series on Project Management, Jet-set getaways: Super rich Indians charter jets to destinations like Turkey, Bali & Sri Lanka, Bitcoin tops $16,000-mark! The company has registered more than 174 million total battery swaps to date. File photo used for representational purpose. This is submitted for your information and records. The situation has led to … Out of a total of 3,72,285 units sold by Hero MotoCorp in April 2021, 3,39,329 units were bikes while the remaining 32,956 were scooters. The Hosur, Tamil Nadu based EV-maker currently has an installed capacity of a little over 1 lakh annually (9,200 units per month) but rolls out a much lower number. List your Business on Economic Times for Free and reach out to millions of users. Select Exchange. According to the data provided by the Federation of Automobile … Dolat Capital Market recommended accumulate rating on Hero MotoCorp with a target price of Rs 3288 in its research report dated October 29, 2020.... 4.32 pm | 03 Nov 2020 |  Source: Moneycontrol.com. The country's top two-wheeler maker Hero MotoCorp on Saturday said it has sold 3,72,285 units last month, down by 35 per cent from 5,76,957 units dispatched in … Will PSU disinvestment get a good response from retail investors? Request you to kindly take the same on records. Hero MotoCorp introduces a new feature to enhance the digital buying experience for its customers, an online virtual showroom along with a Hero Product Configurator (HPC) as well. Updated: 29 Apr 2021, 04:51 PM IST HT Auto Desk. File Photo The country's largest two-wheeler maker Hero MotoCorp on Tuesday said it is temporarily stopping operations … Hero MotoCorp has announced that it will halt operations temporarily at all of its manufacturing facilities across India, including its Global Parts Center (GPC), due to … This is submitted for your information and records. The Virtual Showroom will enable customers to discover, engage and purchase Hero’s motorcycles and scooters through a seamless digital experience. Join financial experts to secure your golden years with early planning. Kindly note that duplicate share certificates will be issued to the concerned shareholders in case no objection is received on the advertisement. Filing complaint not easy, Xiaomi turns profitable in third year in India, Outstanding borrowing of company as on 31st March / 31st December, as applicable (in Rs cr), Highest Credit Rating during the previous FY, Name of the Credit Rating Agency issuing the Credit Rating mentioned in (4), Name of Stock Exchange# in which the fine shall be paid, in case of shortfall in the required borrowing under the framework. NEW DELHI: Hero MotoCorp on Thursday launched a virtual showroom feature to provide a digital buying experience to customers. Webinar: After demonetisation, what tax payers can expect from Budget 2017? Home > Auto > News > Hero MotoCorp launches virtual showroom feature to garner digital sales The virtual showroom can be accessed at the company's official website. It has just one model, the Ather 450X, priced at Rs 1.5 lakh, which is nearly double the price of a petrol scooter. ICICI Direct is bullish on Hero MotoCorp recommended buy rating on the stock with a target price of Rs 3450 in its research report dated October 29, 2... 8.52 pm | 04 Nov 2020 |  Source: Moneycontrol.com. The Virtual Showroom will The Virtual Showroom will News Hero MotoCorp has recorded a month-on-month (MoM) decline in sales of 35.47 per cent selling 3,72,285 units last month as compared to 5,76,957 units sold in March 2021. Comment . Kindly place the same on your records. “In keeping with its commitment to the safety and welfare of its people, Hero MotoCorp has decided to proactively halt operations temporarily at all of its manufacturing facilities across the country, including its Global Parts Center (GPC), in view of the ongoing escalation in the spread of Covid-19 across the country”, the company said in a statement. Notably, Hero MotoCorp is expected to launch six electric two-wheelers in India by 2021. “Hero Motocorp has started to build a temporary hospital of 100 beds, which is expected to be ready in the next one week or 10 days,” Gurugram deputy commissioner Yash Garg told News18. Demand for Hero' MotoCorp's products is expected to be on an upward trajectory on the back of customer preference towards personal mobility, p... 12.44 pm | 05 Feb 2021 |  Source: Moneycontrol.com, 7.56 am | 05 Feb 2021 |  Source: Moneycontrol.com. Hero MotoCorp Ltd., incorporated in the year 1984, is a Large Cap company (having a market cap of Rs 56,321.04 Crore) operating in Auto sector. HDFC Securities is bullish on Hero Motocorp has recommended buy rating on the stock with a target price of Rs 3890 in its research report dated Februa... 4.00 pm | 10 Feb 2021 |  Source: Moneycontrol.com. Hero MotoCorp has launched a virtual showroom feature to allow customers to digitally purchase its motorcycles and scooters. 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