Hero Motocorp launched the new Xtreme 125R in India on January 23 at a starting price of Rs 95,000 (for the IBS variant, ex-showroom, Delhi). The ABS one is priced at Rs 99,500. The Xtreme 125R will be available in three colours – Cobalt Blue, Firestorm Red, and Stallion Black, the company said. “It is … Read more
New Delhi, Hero MotoCorp on Monday said it will set up a facility for assembling products in Nepal in partnership with CG Motors, its newly appointed distributor in the country. The facility will be located in Nawalpur district and have a capacity of 75,000 units per annum, the country’s largest two-wheeler maker said in a … Read more
The last week of 2023 ended with a strong bullish candle and the trend is expected to continue as investors enter the new year with fresh enthusiasm. In light of this, three stocks have formed a strong setup on the charts for further rally, giving a good risk-reward ratio. Here’s the trading strategy from Sheersham … Read more
Sales of sports utility vehicles (SUVs) rose in December, while small car sales fell despite high discounts, data from Indian automakers showed on Monday. While entry-level vehicles remain a millstone around automobile makers’ necks, they have benefited from the sales of premium vehicles, catering to a more well-off demographic largely unaffected by inflation. Maruti Suzuki … Read more
In a surprising move, Hero MotoCorp, known for its budget-friendly commuter and mid-range motorcycles, is making a significant shift towards the premium, sporty motorcycle segments. The company has recently teased its upcoming release, a 440cc motorcycle, scheduled for launch on January 22. The teaser is not only marked by the manufacturer’s departure from its traditional … Read more
Mumbai: Hero MotoCorp rose 2.9% to an all-time closing high of ₹4,174 in Thursday’s trading, as the recent bullish wave has resulted in a technical breakout in stock, opening the likelihood of further gains of as much as 56% from current levels. Analysts are recommending investors to buy the stock on dips as business prospects … Read more
Indian automaker Mahindra and Mahindra said on Wednesday that the company, along with external investors, will spend 8.75 billion rupees ($105 million) in its two-wheeler unit, Classic Legends, over the next two to three years. The ‘Scorpio’ car manufacturer, will invest 5.25 billion and the remaining will come from existing shareholders and new investors, Mahindra … Read more
