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    500182   INE158A01026

HERO MOTOCORP LIMITED

(500182)
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Hero MotoCorp to Extend Plant Closure Until May 9

05/02/2021 | 09:47pm EDT

By Kosaku Narioka

Hero MotoCorp Ltd. will extend the closure of its plants across India by six days, to May 9, in a bid to help limit the spread of Covid-19, the Indian motorcycle maker said Saturday.

Hero MotoCorp also said it sold 372,285 motorcycles and scooters in April, which was subdued due to the closure of plants and retail outlets.

The company said the figure isn't comparable with the same month a year earlier, when no vehicles were made or shipped to dealers because of the nationwide lockdown.

Write to Kosaku Narioka at kosaku.narioka@wsj.com

(END) Dow Jones Newswires

05-02-21 2347ET

Stocks mentioned in the article
ChangeLast1st jan.
DJ INDUSTRIAL 1.06% 34382.13 Delayed Quote.11.16%
HERO MOTOCORP LIMITED -1.09% 2811 End-of-day quote.-9.60%
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Financials
Sales 2021 304 B 4 154 M 4 154 M
Net income 2021 28 668 M 391 M 391 M
Net cash 2021 79 882 M 1 091 M 1 091 M
P/E ratio 2021 19,6x
Yield 2021 3,07%
Capitalization 562 B 7 666 M 7 668 M
EV / Sales 2021 1,58x
EV / Sales 2022 1,29x
Nbr of Employees 8 599
Free-Float 63,4%
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Mean consensus -
Number of Analysts
Average target price
Last Close Price 2 811,00 
Spread / Highest target -
Spread / Average Target -
Spread / Lowest Target -
EPS Revisions
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-9.60%7 666
BAJAJ AUTO LIMITED10.30%15 203
EICHER MOTORS LIMITED-4.56%9 010
YAMAHA MOTOR CO., LTD.29.52%8 706
HARLEY-DAVIDSON, INC.26.02%7 328
YADEA GROUP HOLDINGS LTD.-0.25%5 857