{
Hero MotoCorp Limited

Companies

}
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001122334455554433221100

TVS Motor focuses on value over discounts in electric two-wheeler market

TVS Motor Company will not engage in price wars to gain market share in the electric two-wheeler segment, despite competition from rivals like Bajaj Auto and Ola Electric. CEO K N Radhakrishnan emphasized a focus on providing value rather than discounts, highlighting a significant increase in sales following the launch of the 2.2 kWh battery variant of the TVS iQube.
Moneycontrol
Hero MotoCorp Limited OLA ELECTRIC MOBILITY LTD Bajaj Auto Limited Ather Energy Ltd. TVS Motor Company Limited IND K N Radhakrishnan Show more
Technology & Innovation, Market Report
15:43 25.10.2024

hero motocorp shares decline after UBS downgrade amid market challenges

Hero MotoCorp's share price fell over 2% after UBS downgraded the stock to a "Sell" rating, highlighting significant challenges ahead. The brokerage warned that the company's reliance on domestic commuter motorcycles makes it vulnerable to rising competition and the shift towards electrification and scooters. UBS forecasts an 18% shortfall in Hero's FY27 net profit compared to consensus estimates, raising concerns about its long-term growth prospects.
NDTV Profit
UBS AG Hero MotoCorp Limited Honda Motor Co., Ltd. TVS Argomm Ltd. IND Show more
TradFi, Market Report
07:51 25.10.2024
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