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    500182   INE158A01026

HERO MOTOCORP LIMITED

(500182)
  Report
End-of-day quote. End-of-day quote Bombay Stock Exchange - 06/15
3007.85 INR   +0.78%
06/06HERO MOTOCORP  : Introduces New Motorcycle in Nigeria
MT
06/02Virus disaster leaves deep scars on India's economy
RE
06/01HERO MOTOCORP  : Sells 183,044 Units in May
MT
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Hero MotoCorp : India's Hero MotoCorp extends shutdown at its plants due to pandemic

05/09/2021 | 09:30am EDT
FILE PHOTO: An employee works on a motorbike inside a Hero MotoCorp service station in Ahmedabad

(Reuters) - India's largest motorbike maker, Hero MotoCorp Ltd , extended a shutdown at its manufacturing facilities across India till May 16, a day after Maruti Suzuki India Ltd announced a similar move, citing the COVID-19 pandemic.

Hero's decision was made to ensure safety of its workforce and to break the virus chain, the company said in a statement on Sunday. Hero MotoCorp had suspended its manufacturing operations in April.

India's largest carmaker, Maruti, on Saturday extended a planned maintenance shutdown until May 16.

It was not immediately clear if Maruti's shutdown was to ensure safety of its workers or due to lower demand.

The coronavirus pandemic pushed India's passenger vehicle sales to their lowest in six years, annual data from an auto industry body showed last month, with the sector bracing for further fallout from a recent surge in cases. India on Sunday reported more than 4,000 fatalities over the past 24 hours, taking the overall death toll to 242,362. Cases rose by 403,738, increasing the total since the start of the pandemic to 22.3 million.

(Reporting by Aditi Shah and Aishwarya Nair; Editing by Toby Chopra)


© Reuters 2021
Stocks mentioned in the article
ChangeLast1st jan.
HERO MOTOCORP LIMITED 0.78% 3007.85 End-of-day quote.-3.26%
MARUTI SUZUKI INDIA LTD -0.16% 7166.25 Delayed Quote.-6.17%
All news about HERO MOTOCORP LIMITED
06/06HERO MOTOCORP  : Introduces New Motorcycle in Nigeria
MT
06/02Virus disaster leaves deep scars on India's economy
RE
06/01HERO MOTOCORP  : Sells 183,044 Units in May
MT
05/23HERO MOTOCORP  : to Resume Operations at All Manufacturing Plants in India from ..
MT
05/18Taiwan's Gogoro to enter China with battery-sharing partnership
RE
05/18YADEA  : DCJ to Bring Taiwan's Gogoro Electric Refueling Tech in China
MT
05/17HERO MOTOCORP  : Extends Warranty and Free Services Amid COVID-19 Restrictions
MT
05/16HERO MOTOCORP  : to Partially Resume Operations from Monday
MT
05/16HERO MOTOCORP  : to Set Up 100-bed COVID Care Center in Gurugram, India
MT
05/10Indian auto dealers predict slow sales recovery as virus spreads to rural are..
RE
More news
Financials
Sales 2021 304 B 4 148 M 4 148 M
Net income 2021 28 668 M 391 M 391 M
Net cash 2021 79 882 M 1 089 M 1 089 M
P/E ratio 2021 20,9x
Yield 2021 2,48%
Capitalization 601 B 8 192 M 8 193 M
EV / Sales 2021 1,71x
EV / Sales 2022 1,41x
Nbr of Employees 8 599
Free-Float 63,4%
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Last Close Price 3 007,85 
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Managers and Directors
NameTitle
Pawan Kant Munjal Chairman, Chief Executive Officer & MD
Niranjan Gupta Chief Financial Officer
Vikram S. Kasbekar Chief Technical Officer & Executive Director
Michael J. P. Clarke Chief Operating & Human Resources Officer
Neerja Sharma Secretary & Chief Compliance Officer
Sector and Competitors
1st jan.Capitalization (M$)
HERO MOTOCORP LIMITED-3.26%8 148
BAJAJ AUTO LIMITED10.30%16 396
YAMAHA MOTOR CO., LTD.54.47%10 360
EICHER MOTORS LIMITED9.21%10 251
HARLEY-DAVIDSON, INC.29.16%7 225
YADEA GROUP HOLDINGS LTD.7.87%6 043