Latest news with #HeroMotocorp
Time of India
6 days ago
- Business
- Time of India
Top stocks to buy or sell today: Stock recommendations for July 17, 2025
Top stocks to buy or sell today (AI image) Top stock market recommendations: According to Aakash K Hindocha, Deputy Vice President - WM Research, Nuvama Professional Clients Group, Hero Motocorp, Tata Power are the top buy calls for today. Solar Industries India is a sell call. Here's his view on Nifty, Bank Nifty and the top stock picks for July 17, 2025: Index View: Nifty Nifty traded broadly within its previous day's range, recovering its early morning losses to end with minor gains ahead of its weekly expiry due today. With downside targets seeming to be complete and fresh upside opens up only above 25325 closing, any 50-70 point dip is likely to get bought into for targets of 25320 odd for this week's trade. Bank Nifty Bank Nifty continuing its outperformance ended at a 5 day closing highs as its supports of 56750 got protected not once, but twice at the start of this week. With continuing outperformance against Nifty, Bank Nifty is now back on track to scale to fresh all time highs, unless a close below 56750 negates this formation on daily charts. HEROMOTOCO (BUY): LCP: 4424 Stop Loss: 4260 Target: 5000 Ending at a 6 month closing highs earlier this week, Hero Motocorp has given a breakout from its bullish cup and handle pattern along with a crossover from its 200 DMA. by Taboola by Taboola Sponsored Links Sponsored Links Promoted Links Promoted Links You May Like Đây có thể là thời điểm tốt nhất để giao dịch vàng trong 5 năm qua IC Markets Tìm hiểu thêm Undo This breakout also marks an end to the 8 week long consolidation seen on daily charts as the stock has shown signs of moving further northward given the price action positioned in a similar stance for a target of 5000 for now. TATAPOWER (BUY): LCP: 415 Stop Loss: 400 Target: 450 After holding above its 200 DMA all through the past week, the Tata Power stock has moved forward to breakout from its 6 month long cup and handle formation on daily and weekly charts ahead of its quarterly numbers. This is accompanied by a higher low formation on daily charts repeated over 5 times in the past 3-4 months signalling presences of buyers at lower levels. SOLARIND (SELL): LCP: 15190 Stop Loss: 16000 Target: 13700 After a strong rally of 110% from its Feb 2025 lows to June 2025 highs, Solar Industries India has started showing profit taking as focus shifts from defence as a sector. Charts suggest that over 40-50% of this recent rally is likely to be retraced, however we are looking for targets of 13700-800 zone which also coincides with its previous breakout and consolidation zone. Stock has already corrected ~15% off recent highs in less than 3 weeks. Stay informed with the latest business news, updates on bank holidays and public holidays . AI Masterclass for Students. Upskill Young Ones Today!– Join Now
Mint
03-07-2025
- Automotive
- Mint
All about that BaaS: Can a new business model help Hero MotoCorp turn the EV tide?
Next Story Ashish Agrawal The company recently launched its first electric two-wheeler under the battery-as-a-service model, but intense competition and persistent losses in the segment mean it could take years just to break even. The E2W business remains challenging for Hero Motocorp. Photo: Bloomberg Gift this article Hero MotoCorp Ltd's launch of its first electric two-wheeler (E2W) under the battery-as-a-service (BaaS) model will significantly reduce the entry barrier for the segment and perhaps help expand the market. The BaaS model offers a substantial drop in the purchase cost and variable charges based on the customer's actual usage. Yet, with the intense competition and persistent losses in the E2W segment, it could take the company a few years just to break even. Hero MotoCorp Ltd's launch of its first electric two-wheeler (E2W) under the battery-as-a-service (BaaS) model will significantly reduce the entry barrier for the segment and perhaps help expand the market. The BaaS model offers a substantial drop in the purchase cost and variable charges based on the customer's actual usage. Yet, with the intense competition and persistent losses in the E2W segment, it could take the company a few years just to break even. At ₹ 59,490 (ex-showroom), the base model Vida VX2 Go is 40% cheaper than the same model without BaaS, along with running charges of ₹ 0.96 per km. The strategy has greater significance for Hero because of its higher share in the entry-level market. 'We see the VX2 as a strategic move by Hero to build scale in India's mass 2W electric vehicle segment by blending affordability, functional utility, and Hero's expanding charging network (3,600+ points)," said Nomura Global Markets Research in a 1 July report. Nomura's analysts, however, said that hadn't yet seen general consumers in India warming up to BaaS, adding: 'Hence, we will keenly observe the response as this product holds promise." The company could be taking cues from the traction generated by the first electric four-wheeler based on BaaS model launched in September, which achieved sales of 20,000 units in six months. Margin challenges Yet, the E2W business remains challenging. The company's E2W Ebitda margin in FY25 was negative 95%, albeit much better than FY24's negative 155% margin, management said in the March-quarter earnings call. It needs a monthly run rate of 25,000-30,000 units to break even, against the current average of 7,000-8,000. The company aims to double this by March 2026, and increase its market share to 12-15% from 7% in March 2025. Hero has also filed for production-linked incentives (PLI) for Vida V2 Pro and expects to receive approval this month. Meanwhile, Hero recorded 10% growth in overall sales to 554,000 units in June. This marks a smart reversal from the 21% drop seen in the first two months of FY26. The revival in June was led by exports, which rose 140%, though they account for just about 5% of the total. Yet, June quarter (Q1FY26) volumes declined by 11% to 1.37 million units, dragged down by the performance in the first two months. While the two-wheeler market remains strong thanks to strong rural demand, Hero continues to lose market share. In the eight quarters to Q4FY25, its market share declined by about 910 basis points (bps) to 41.5% in motorcycles and 620 bps to 28% in two-wheelers. However, volumes may increase with the 100 bps reduction in the repo rate, which reduces the cost of financing. Note that about 63% of FY25 sales were through financing. Rich valuation despite correction To be sure, the company's declining market share has weighed in investor sentiment. Hero's shares are down about 23% over the past year vis-à-vis a drop of 4% in the Nifty Auto index. Despite the correction, the stock's valuation of 17 times estimated FY26 earnings, as per Bloomberg consensus, is higher than the long-term average of about 15. Market-share gains are crucial for the stock's trajectory. However, subdued performance in the 110-cc motorcycle segment, where Hero has a strong presence, and intense competition in the 125-cc motorcycles segment could curtail the company's market-share gains in the coming years. Also, the launches of premium models are expected to increase its market share by only 200-300 bps (its current share is 2%) with weak brand positioning versus the competition, according to a Kotak Institutional Equities report. Topics You May Be Interested In Catch all the Business News , Market News , Breaking News Events and Latest News Updates on Live Mint. Download The Mint News App to get Daily Market Updates.
India Gazette
18-06-2025
- Automotive
- India Gazette
Hero Motocorp introduces 'Battery-As-A-Service model EV ownership
New Delhi [India], June 18 (ANI): Hero Motocorp on Wednesday introduced the Battery-as-a-Service (BaaS) model for its VIDA VX2, which will help consumers reduce the upfront ownership cost, making electric mobility more affordable and accessible to a wider customer base. This 'pay-as-you-go' battery subscription is intended to make VIDA Electric Vehicle (EV) ownership more flexible and affordable. This BaaS model will be launched on July 1, 2025. This subscription model will allow, customers to have the option to finance the scooter chassis and battery separately, reducing significant upfront capital expenditure into manageable monthly payments. With the help of this BaaS model, VIDA customers will be get an option to improve cost efficiency. Additionally, they will also get access VIDA's pan India ecosystem which includes over 3,600 fast-charging stations and 500+ service points across 100+ cities. 'By removing conventional barriers and reimagining EV ownership and experience, VIDA aims to democratize electric mobility while offering unmatched convenience, flexibility, and peace of mind', the company said. According to Hero Motocorp, consumers can choose from flexible subscription plans tailored to their daily or monthly budget and usage, which will offer greater affordability, convenience, and peace of mind in EV ownership. Recently, VIDA launched the 'Charging Simple Hai' campaign during the ongoing IPL season in May. Showcasing its removable battery technology with the message 'Every plug point is a VIDA charging point', the campaign highlights the ease of charging VIDA's batteries using any standard 5-amp socket, making electric mobility truly convenient and accessible. VIDA, powered by Hero MotoCorp, continued to deliver growth with dispatches of 8361 units and 7161 VAHAN registrations for the VIDA V2 electric scooter range. VIDA achieved a Vahan market share of 7.2 per cent, indicating sustained progress. VIDA is set to electrify the market with a new product launch on July 1, 2025. (ANI)
Time of India
12-06-2025
- Automotive
- Time of India
Top stocks to buy today: Stock recommendations for June 12, 2025
Top stocks to buy today (AI image) Top stock market recommendations: According to Aakash K Hindocha, Deputy Vice President - WM Research, Nuvama Professional Clients Group, Tata Motors, Mphasis, and Hero Motocorp are the top buy calls for today. Here's his view on Nifty, Bank Nifty and the top stock picks for June 12, 2025: Index View: Nifty Outlook Nifty has broken out from its 3 week consolidation and now stands at an eight month closing highs. With the index holding above 25050 resistance level for the past 3 consecutive days. This confirms a breakout from the range for higher targets of 25400 / 25600 however the support is far below at 24650. This is because for the past two days markets have closed lower than its open despite ending in green. Bank Nifty Bank Nifty broke out into fresh all-time highs after the monetary policy announcement as the index reclaimed its wall of worry. Outperformance of Bank Nifty is likely to continue for this week's trade as well as the index resumes further upside towards 57200 / 57600 odd, however fresh longs are likely to provide good risk to reward only on dips towards 56200. TATAMOTORS (BUY): LCP: Rs 736.40 Stop Loss: Rs 712 Target: Rs 782 Tata Motors stock has seen a 5-7% corrective consolidation in the past 3 weeks of trade which was an after effect of a sharp 40% rally before that. With supportive news flow for domestic players in the new EV policy acting as tailwind, passenger vehicle stocks are likely to see further momentum. Tata Motors is a cleaner set up amongst the peers on charts for another 6-8% rally from CMP. MPHASIS (BUY): LCP: Rs 2,679.90 Stop Loss: Rs 2,550 Target: Rs 2,870 After trading at an 18 month low in April, Mphasis has been rising in a steep upward moving channel. A typical higher high – higher low formation underlines the bullish set up and inflows on the counter. The stock has widely outperformed its benchmark NIFTYIT index on a YTD basis which is down over 12% while LTIM is down 6% in the same period of 2025. A move towards the higher range of the bullish channel is likely to unfold for a target of 2850-2900. HEROMOTOCO (BUY): LCP: Rs 4,410.00 Stop Loss: Rs 4,150 Target: Rs 4,800 Having run up nearly 30% from its recent low in March – Hero Motocorp is now on verge of breaking out from an inverse head and shoulder pattern formation for fresh upside retesting its December 2024 highs. A bullish flag breakout is about to commence for targets aimed 10% higher from CMP. Stay informed with the latest business news, updates on bank holidays and public holidays . AI Masterclass for Students. Upskill Young Ones Today!– Join Now
Hindustan Times
15-05-2025
- Automotive
- Hindustan Times
Hero MotoCorp reports a profit of ₹1081 crore in Q4 FY25. What supported this growth?
₹1081 crore in Q4 FY25. What supported this growth? data-item-target-url=/auto/news/ data-item-story-segment=N/A> Hero Motocorp excelled in exports and introduced new ICE and EV models in FY25, solidifying its leadership in the domestic two-wheeler market. (REUTERS) Check Offers Hero MotoCorp has reported a strong financial performance for the quarter and full fiscal year ending March 31, 2025. The company posted a consolidated net profit of ₹ 1,081 crore for the March quarter (Q4 FY25), marking a 6 per cent year-on-year increase compared to ₹ 1,016 crore in the same period last year. With this performance, Hero MotoCorp retained its position as the market leader for the 24th consecutive year, closing both FY25 and calendar year 2024 at the top of the domestic two-wheeler industry. It attributed this robust growth to rising demand in the premium motorcycle and scooter segments, as well as the growing traction of its electric vehicle (EV) portfolio. Strong export performance, outpacing broader industry trends, also played a key role in the overall growth. Also Read : Hero XPulse 210 deliveries begin from new Premia dealerships Revenue from operations in Q4 FY25 rose 4 per cent YoY to ₹ 9,939 crore, up from ₹ 9,519 crore in the March 2024 quarter. Hero MotoCorp also recorded its highest-ever annual revenue and profit after tax (PAT) in FY25. Total revenue from operations reached ₹ 40,923 crore, an 8 per cent increase over FY24, while PAT surged 17 per cent YoY to ₹ 4,376 crore. Hero Motorcorp: Exports and product expansion In its annual report released earlier at the end of FY25, Hero MotoCorp had registered significant gains in exports. It announced that it had shipped 2,87,429 units during FY 2024-25, a 43 per cent rise over the last fiscal. This increase is an indication of the company's overall plan to deepen its global presence. Also Read : Hero HF 100 receives OBD-2B compliance, priced at ₹ 60,118 The group diversified its ICE and EV offerings in the year with the introduction of a number of new models. These were the Xtreme 250R, Xpulse 210, Destini 125, Xoom 125 and Xoom 160, and the VIDA V2 electric scooter. The introductions are designed to address both commuter and premium segments, as well as move deeper into the electric vehicle market. Hero retailed 4,35,828 units alone in March 2025 and the company logged 54,45,251 retail sales for the financial year. On the wholesale end, the company shipped 5,899,187 units in the course of a year. In March 2025, there were 549,604 units shipped to dealers, a 12 per cent year-on-year jump from last year in the same period. Get insights into Upcoming Cars In India, Electric Vehicles, Upcoming Bikes in India and cutting-edge technology transforming the automotive landscape. First Published Date: 15 May 2025, 09:00 AM IST
