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Hero MotoCorp Limited is an Indian multinational motorcycle and scooter manufacturer headquartered in Delhi. It has a market share of about 30% in the Indian two-wheeler industry. [ 3 ] The Munjal family, with its 34.75% stake, is the biggest shareholder in the company as of 2024.
India's Hero MotoCorp Ltd, the world's largest two-wheeler maker by sales, reported a bigger-than-expected fall in second-quarter profit on Thursday as expenses rose and sales volume dipped.
Hero's sales momentum amid the slowdown is being propped up in no small terms by its two scooter brands. Maestro has been able to crank up volumes to the tune of 28,000 units per month in a year's time. The Pleasure which brought in the tagline of 'Why should boys have all the fun' grosses sales of 30,000 units a month and is a mainstay for ...
The Hero Splendor is an entry-level motorcycle manufactured in India by Hero MotoCorp.It has an electronic ignition and a tubular double cradle type frame with a 97.2 cc (5.93 cu in) engine.
It is a part of multinational company Hero Motors Company, which also currently owns Hero Motocorp (formerly Hero Honda) and Hero Cycles, among others. Hero Motors was started in the 1960s to manufacture 50 cc two-stroke mopeds but gradually diversified into making larger mopeds, mokicks and scooters in the 1980s and the 1990s.
In July 2020, Ather Energy raised $11.4 million from Hero MotoCorp, as a part of its Series C round funding. [19] In November 2020, Ather Energy raised a fresh round of ₹ 260 crore (US$30 million) as a part of the Series D round, led by Sachin Bansal's investment of ₹ 170 crore (US$20 million) and $12 million by Hero MotoCorp. [20]
Hero Motors Company (HMC) is an Indian multinational business conglomerate controlled by Pankaj M Munjal. [ 5 ] [ 6 ] The HMC family [ 1 ] [ 7 ] is made up of organisations such as Hero Cycles , Avocet Sports (UK), [ 8 ] BSH (Sri Lanka), Firefox, [ 9 ] Spur, [ 10 ] HGD, [ 11 ] Hero Motors , [ 12 ] Munjal Hospitality, [ 13 ] [ 14 ] Munjal Kiriu ...
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