HEROMOTOCO

** Shares of Hero MotoCorp HROM.NS up 7.6% this week, set for best weekly gain since week ended May 12

** Stock top weekly gainer on benchmark Nifty 50 .NSEI, which is down 0.56% for the week

** Nifty Auto index .NIFTYAUTO up 0.7% for the week

** Gains driven by the two-wheeler maker's first-quarter profit marginally rising, beating analysts estimate of a fall in profit, as higher exports offset weak domestic sales

** Peers, Bajaj Auto BAJA.NS and TVS Motor TVSM.NS also topped profit estimates this week

** BAJA and TVSM up 2.2% and 4.4% for the week, respectively

** Avg rating on HROM and BAJA at "hold", TVSM at "buy" - data compiled by LSEG

** YTD, HROM and TVSM up ~11% and ~26% respectively, BAJA down ~7%

(Reporting by Anuran Sadhu in Bengaluru)

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Aug 7 (Reuters) - India's upcoming festive season is expected to lift near-term sentiment among auto dealers, but U.S. tariffs could dent consumer confidence, prompting higher household savings and weighing on discretionary spending, including vehicles, the Federation of Automobile Dealers Association (FADA) said on Thursday.

Vehicle dealers expect major festivals, including Rakhi, Janmashtami, Independence Day and Ganesh Chaturthi, along with targeted promotional schemes and healthy stock levels to drive sales.

However, the anticipated wealth erosion from fresh tariffs by the U.S. could erode consumer confidence, trigger a precautionary rise in household savings and exert pressure on discretionary spending, including on vehicles, FADA said.

(Reporting by Chandini Monnappa in Bengaluru; Editing by Sonia Cheema)

(([email protected]; https://www.linkedin.com/in/chandini-monnappa-8a37b013b/;))

Aug 6 (Reuters) - Hero MotoCorp Ltd HROM.NS:

• HERO MOTOCORP Q1 PAT 11.26 BILLION RUPEES; IBES PROFIT EST. 10.63 BILLION RUPEES

• HERO MOTOCORP Q1 REVENUE FROM OPERATIONS 95.79 BILLION RUPEES; IBES EST. 98.42 BILLION RUPEES

Source text: [ID:]

Further company coverage: HROM.NS

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Aug 5 (Reuters) - Castrol India CAST.NS reported a 5.1% rise in second-quarter profit on Tuesday, fuelled by steady demand for its automobile and industrial lubrication products.

The engine oil and industrial lubricants maker, majority-owned by BP BP.L, posted a profit after tax of 2.44 billion rupees ($27.8 million) for the quarter ended June 30, up from 2.32 billion rupees a year ago.

Revenue from operations grew 7.1% to 14.97 billion rupees, while total expenses rose 6.6%, driven by a 3.2% increase in raw material costs.

India's retail vehicle sales rose nearly 5% year-on-year during in the quarter, lifting demand for companies like Castrol, which generates roughly 80% of its revenue from the auto sector.

Two-wheeler sales were up 5.02%, while passenger vehicles and commercial vehicle sales grew by about 3% and 1%, respectively.

Castrol India supplies lubricants to major auto manufacturers in the country, including Maruti Suzuki MRTI.NS and Hero MotoCorp HROM.NS.

In its latest annual report, the company detailed plans to expand its geographic reach by broadening its product portfolio, enhancing its workshop network and investing in premium lubricant brands.

"Industrial is a long-term growth area for us, and we’ve seen encouraging traction in the first half," said Managing Director Kedar Lele in a statement.

Shares of the company are up 1.6% higher after results were reported, having gained 9.3% in the reported quarter.

In comparison, shares of smaller peer Gulf Oil Lubricants India GOLU.NS jumped 10.2% in the same period.

($1 = 87.7940 Indian rupees)

(Reporting by Meenakshi Maidas in Bengaluru; Editing by Sumana Nandy)

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Aug 4 (Reuters) - India's Ather Energy ATHR.NS reported a narrower first-quarter loss on Monday, helped by higher demand for its e-scooters, particularly the best-selling "Rizta".

The company, founded in 2013, said its loss narrowed to 1.78 billion rupees ($20.31 million) for the quarter ended June 30 from 1.83 billion rupees a year ago.

($1 = 87.6320 Indian rupees)

(Reporting by Meenakshi Maidas in Bengaluru)

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July 22 (Reuters) - Hero MotoCorp Ltd HROM.NS:

• HERO MOTOCORP LTD - LAUNCHES HF DELUXE PRO PRICED AT AROUND 73,550 RUPEES

Source text: ID:nBSE3J70CL

Further company coverage: HROM.NS

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July 10 (Reuters) - Hero MotoCorp Ltd HROM.NS:

• APPOINTS KAUSALYA NANDAKUMAR AS CHIEF BUSINESS OFFICER TO SPEARHEAD EMERGING MOBILITY, EV GROWTH

Source text: ID:nBSE8rfwQ2

Further company coverage: HROM.NS

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July 7 (Reuters) -

• INDIA AUTODEALERS BODY FADA: CAUTIOUSLY OPTIMISTIC VIEW FOR NEAR TERM

• INDIA'S FADA: RARE-EARTH SHORTAGES, GEOPOLITICAL TENSIONS & US-TARIFF SPILL-OVERS DEMAND VIGILANCE

• INDIA'S FADA: CHALLENGES IN SECURING RARE-EARTH MATERIALS STALLED COMPONENT PRODUCTION

• INDIA'S FADA: IN NEAR TERM, ABOVE-NORMAL MONSOON RAINS SHOULD BOLSTER RURAL DEMAND

• INDIA AUTODEALERS BODY FADA: JUNE PASSENGER VEHICLE RETAIL SALES ROSE 4.84 % Y/Y

• INDIA AUTODEALERS BODY FADA: JUNE TWO-WHEELERS RETAIL SALES UP 4.73% Y/Y

• INDIA AUTODEALERS BODY FADA: JUNE COMMERICAL VEHICLE RETAIL SALES ROSE 6.60% Y/Y

• INDIA'S FADA: AS WE ENTER JULY 2025, DEALER SENTIMENT APPEARS TILTED TOWARDS SLOWDOWN

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July 1 (Reuters) - Hero MotoCorp Ltd HROM.NS:

• HERO MOTOCORP LTD - LAUNCHES VIDA VX2 E-SCOOTER

• HERO MOTOCORP LTD - VIDA VX2 VARIANTS STARTING AT 59,490 RUPEES

• HERO MOTOCORP LTD - BATTERY-AS-A-SERVICE PLANS START AT 0.96 RUPEE PER KM

Source text: ID:nBSETlSZY

Further company coverage: HROM.NS

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June 18 (Reuters) - Hero MotoCorp Ltd HROM.NS:

• TO INTRODUCE VIDA VX2

• TO INTRODUCE VIDA VX2 WITH BATTERY-AS-A-SERVICE MODEL

Source text: ID:nBSE9q8HcT

Further company coverage: HROM.NS

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May 28 (Reuters) - India's markets regulator on Wednesday approved Hero Fincorp's HERO.NS initial public offering, according to a notification on its website.

BY THE NUMBERS

The IPO of the financial arm of two-wheeler maker Hero MotoCorp HROM.NS is valued at 36.68 billion rupees (about $430 million).

It consists of a fresh issue of shares worth 21 billion rupees and shareholders will sell stocks worth 15.68 billion rupees, as per the prospectus.

WHY IT'S IMPORTANT

Hero Fincorp's IPO comes at a time when investor sentiment has taken a hit due to global trade and geopolitical tensions.

Companies seeking to tap the Indian capital market have either delayed or downsized their IPOs this year, including LG Electronics India LGEL.NS.

The value of shares sold in India at IPOs is down 5% year-on-year in 2025, LSEG data from early-May showed, while the number of issues has dropped 31%.

The blue-chip Nifty 50 .NSEI is down about 6% from record-highs hit in September.

($1 = 85.3500 Indian rupees)

(Reporting by Manvi Pant in Bengaluru; Editing by Mrigank Dhaniwala)

(([email protected]; +918447554364;))

** Shares of Hero MotoCorp Ltd HROM.NS jump nearly 12% this week, set for their best weekly performance since April 2020

** HROM among top weekly pct gainers on blue-chip Nifty 50 .NSEI index this week

** India's top two-wheeler maker down 0.4% on the day after rising for four straight sessions

** Analysts express confidence in HROM's ability to benefit from rising motorcycle demand in rural India

** Some also raise PT on stock citing attractive valuations

** HROM rated "hold" on avg by analysts tracking stock vs "buy" for TVS Motor TVSM.NS and Bajaj Auto BAJA.NS - LSEG data

** Median PT on HROM at 4,628 rupees - LSEG

** Stock turned YTD positive this week, up 3.6% this year

(Reporting by Nandan Mandayam in Bengaluru)

(([email protected]; Mobile: +91 9591011727;))

** India's Hero MotoCorp HROM.NS jumps more than 2.6% to three-month high of 4,174 rupees

** Stock on course to rise for the fifth consecutive session

** Co announces plans to launch two affordable electric vehicles in July and identifies better monsoon and a good marriage season as positives for rural demand growth

** "Hero MotoCorp is well-placed to benefit (from rural growth) as it has a wide network and a strong presence in 100–125cc categories," says Nuvama

** CLSA maintains "outperform" rating as stock trading at 10% discount to 10-year average valuations

** Analysts on average rate stock "hold", median PT 4,594 rupees, as per LSEG data

** HROM erases YTD losses, up 0.3%

(Reporting by Vivek Kumar M)

(([email protected];))

May 14 (Reuters) - Hero MotoCorp Ltd HROM.NS:

• HERO MOTOCORP EXEC: AIMS FOR PRODUCT LAUNCHES IN 125 CC CATEGORY FOR FUTURE

• HERO MOTOCORP EXEC: FEW LAUNCHES IN Q4 YET TO MANIFEST IN VOLUMES

• HERO MOTOCORP EXEC: 4-5 WEEKS IS CURRENTLY CHANNEL INVENTORY

• HERO MOTOCORP EXEC: THIS YEAR EXPECT INDUSTRY TO GROW IN REGION OF 6-7%

• HERO MOTOCORP EXEC: NO RETAIL IMPACT FROM FEW PLANT PRODUCTION HALT AS OF NOW

• HERO MOTOCORP EXEC: WILL SEE IMPACT OF OBD2 PRICE INCREASE FROM Q1

• HERO MOTOCORP EXEC: SEES BETTER MONSOON, GOOD MARRIAGE SEASON AS POSITIVES FOR RURAL GROWTH THIS YEAR

• HERO MOTOCORP EXEC: PLANS LAUNCH OF 2 AFFORDABLE EVS IN JULY

Source text: [ID:]

Further company coverage: HROM.NS

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** Shares of two-wheeler makers Hero MotoCorp HROM.NS and Bajaj Auto BAJA.NS fall 1.7% and 2%, respectively, after lower sales in April

** HROM's total dispatches were 305,406 units in April vs 533,585 units year ago

** HROM implemented temporary production halt from Apr 17–19 at its Dharuhera, Gurugram, Haridwar, and Neemrana facilities for supply chain alignment, scheduled maintenance, and infrastructure enhancements; anticipates normalization in May

** BAJA's April total sales fell 6% Y/Y to 365,810 units

** BAJA's 2-wheelers' sales dropped 7% Y/Y, while commercial vehicles sales rose 3% Y/Y

** YTD, HROM down ~10% and BAJA down ~11% vs ~3% gains in Nifty 50 index .NSEI

(Reporting by Vijay Malkar)

(([email protected];))

Recasts throughout

By Nandan Mandayam

April 30 (Reuters) - Indian electric scooter maker Ather Energy's ATHR.NS $352 million IPO reached full subscription on the final day of bidding on Wednesday after a slow start in a week where market volatility capped investor interest.

The company, which counts top motorcycle maker Hero MotoCorp HROM.NS as its largest shareholder, is seeking a valuation of $1.4 billion through the share sale, India's third-largest this year.

Ather received bids worth 24.13 billion rupees ($286 million), exceeding the 17.13 billion rupees on offer, after raising 13.40 billion rupees last week from large "anchor" investors including the Abu Dhabi Investment Authority and Temasek.

Qualified institutional buyers, for whom 54% of the shares were reserved in the public offering, led with bids worth 15.6 billion rupees, followed by retail investors, who bid for 5.31 billion rupees of shares.

Hero MotoCorp did not sell its shares in the IPO.

Analysts are viewing Ather Energy's share sale as a litmus test for India's IPO market, where momentum has slowed down amid a broader market decline.

India's IPO market, the world's second-largest last year by proceeds, is down about 15% in 2025, as per LSEG data, with global market volatility and shifting U.S. tariffs forcing companies to rethink listings to avoid weak demand or failures.

Adding to the pain are recent market jitters over rising India-Pakistan tensions, which dampened investor appetite for the Ather IPO, said Aditya Kondawar, Partner & Vice President at Complete Circle Capital.

Meanwhile, analysts at brokerage Geojit said Ather's IPO "appeared expensive", but recommended it to high-risk investors seeking long-term gains, citing the company's "pioneer" status and robust research and development.

Ather was one of the first companies to sell e-scooters in India in 2018, but fell behind larger rivals Ola Electric OLAE.NS, TVS Motor TVSM.NS, and Bajaj Auto BAJA.NS, whose discounts and wider distribution networks have driven sales.

The company will use most of the 26.26 billion rupees it raises from the sale of new shares to build a third factory and for research and development.

($1 = 84.5040 Indian rupees)

(Reporting by Nandan Mandayam in Bengaluru; Editing by Mrigank Dhaniwala)

(([email protected]; Mobile: +91 9591011727;))

April 28 (Reuters) - Indian automaker TVS Motor Company TVSM.NS reported a better-than-expected fourth-quarter profit on Monday, led by steady demand for its two-wheelers and continued growth in exports.

Profit rose 75.5% to 8.52 billion rupees ($100.2 million) in the quarter ending March 31, beating analysts' estimate of 7.47 billion rupees, per data compiled by LSEG.

Total two-wheeler sales of TVS grew 14% year-over-year in the third quarter, with motorcycles making up 47.8% of those sales.

Sales in India rose in the quarter, supported by new model launches and festival sales during Navratri, Gudi Padwa and Eid, the Federation of Automobile Dealers Association said in early April.

Exports, which make up nearly a fourth of the company's overall revenue, according to its latest annual report grew 31% in the reported quarter.

The company's earnings before interest, taxes, depreciation and amortization margin rose to 12.5% from 11.3% last year, helped by sale of more profitable vehicles, analysts noted.

Revenue from operations increased 16.9% to 95.5 billion rupees in the quarter, edging past analysts' estimates of 94.04 billion rupees for the company that also makes 'iQube' series of electric vehicles.

The 'Jupiter' scooter maker's total expenses grew 13.2%, led by a 13.8% growth in cost of materials consumed.

Rivals Bajaj Auto BAJA.NS and Hero MotoCorp HROM.NS are yet to report quarterly results.

Shares of TVS Motor rose as much as 4.1% after reporting results, before closing up at 2%.

($1 = 85.0300 Indian rupees)

(Reporting by Meenakshi Maidas in Bengaluru)

(([email protected]; +91 8921483410;))

By Aditi Shah

NEW DELHI, April 24 (Reuters) - India's capital New Delhi plans to limit gasoline and diesel-powered cars a family can buy as well as ban sales of fuel-guzzling motorbikes and scooters, according to a draft policy aimed at cleaning up one of the world's most polluted cities.

The measures represent one of the most drastic steps the city has lined up to tackle pollution, which often forces local authorities to ban some construction, shut schools and disrupt flights in the city of more than 30 million people during the winter season.

Under Delhi's new electric vehicle policy, the city government will also waive some local taxes on the purchase of hybrids, putting them on par with concessions given to EVs, while imposing a new levy of 0.5 rupees ($0.0059) on every litre of petrol sales, according to the 74-page draft seen by Reuters.

The primary objective "is to unlock the next phase of EV adoption, reduce air pollution and contribute to India's energy independence and net-zero targets," the draft stated.

Every year ahead of the onset of winter in Delhi, calm winds and low temperatures trap pollutants from sources including vehicles, industries and crop residue burning in nearby fields, raising the level of harmful toxins in the air.

Delhi launched the first phase of its EV policy in 2020 which helped boost the share of electric models to 12% of all new vehicle sales, including motorbikes and cars, in 2024.

Under the second phase, the policy document says, no new sales of gasoline, diesel and gas-based two-wheelers will be allowed from April 1, 2027. It is also providing a cash incentive of up to $350 on the purchase of electric bikes and scooters.

Officials at Delhi's transport ministry and the chief minister's office did not immediately respond to an email seeking comment.

LIFELINE FOR RESIDENTS

Two-wheelers are a lifeline for millions of Delhi residents, and the move could significantly impact Delhi's lower- and middle-income groups who depend on them, and not cars, to navigate the city's often congested roads.

In 2024, nearly 450,000 new two-wheeler scooters and motorbikes were sold in Delhi. There were 8 million vehicles on Delhi's roads in 2022-23, of which 67% were two-wheelers, according to central government figures.

A ban on the sale of fossil fuel two-wheelers from 2027 will hurt manufacturers such as Bajaj Motors BAJA.NS, TVS TVSM.NS and Hero MotoCorp HROM.NS, although some of the negative impact may be offset by increased sales of their electric two-wheelers.

And in a move aimed at the more affluent population, the policy is also set to limit the number of fossil fuel cars each household can purchase to two, as it aims for a 30% EV penetration by 2030, from around 2.7% last year.

"All private car owners in Delhi will be required to purchase only electric cars if they intend to own (a) third or subsequent car registered to the same residential address," the document stated.

The policy, which is expected to cost the Delhi government 28.6 billion rupees, is subject to change based on feedback from car makers and other stakeholders. It was not immediately clear when the policy will be finalised or how it will be funded.

The city government is also planning some tax waivers for hybrid vehicles to match the concessions to those given for EVs, potentially lowering their cost by up to 15%.

The move is in line with a similar move made by neighbouring state Uttar Pradesh. They are considered a win for the likes of Toyota Motor 7203.T and Maruti Suzuki MRTI.NS, but a setback for homegrown Tata Motors TAMO.NS and Mahindra & Mahindra MAHM.NS who focus on EVs.

($1 = 85.3350 Indian rupees)

(Reporting by Aditi Shah; Editing by Muralikumar Anantharaman)

(([email protected]; +91-11-4954 8023, +91-11-3015 8023; Reuters Messaging: twitter: @aditishahsays))

April 22 - ** Two-wheeler makers Bajaj Auto BAJA.NS and Hero MotoCorp HROM.NS down 1.5% and 2.2%, respectively; TVS Motor TVSM.NS up 0.3%

** Jefferies cuts BAJA to 'hold' from 'buy' and HROM to 'underperform' from 'buy'; keeps 'buy' on TVS

** Says TVS's TVSM.NS market share is at 18-year high, Hero's at 20-year low and Bajaj has stagnated from 2019-2025

** Says demand has softened from post-pandemic spike, with checks suggesting high inventories and weak inquiries

** Cuts PT for Bajaj and Hero, implying downsides of 7.5% and ~16%, respectively

** Analysts on avg rate TVS and Bajaj the equivalent of 'buy', and Hero 'hold', per LSEG data

** Hero's shares have fallen 7.6% in last 12 months, while Bajaj has dropped ~11%; TVS, on the other hand, has surged 41%

(Reporting by Ananta Agarwal in Bengaluru)

(([email protected]))

-- Source link: https://tinyurl.com/4des9zwu

-- Note: Reuters has not verified this story and does not vouch for its accuracy

((Bengaluru newsroom, [email protected]))

April 3 (Reuters) - Hero MotoCorp Ltd HROM.NS:

• GETS ADDITIONAL TAX DEMAND OF 55 MILLION RUPEES

Source text: ID:nBSE6g1Glp

Further company coverage: HROM.NS

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Hero MotoCorp Ltd HROM.NS:

• HERO MOTOCORP LTD - APPROVES STRATEGIC INVESTMENT OF UP TO 5.25 BILLION RUPEES IN EULER MOTORS

• HERO MOTOCORP - HERO MOTOCORP DIVERSIFIES INTO ELECTRIC THREE- WHEELER CATEGORY

• HERO MOTOCORP LTD - TO ACQUIRE 32.5% STAKE IN EULER MOTORS

• HERO MOTOCORP LTD - ACQUISITION EXPECTED TO COMPLETE BY APRIL 30, 2025

Source text: ID:nBSE8XwPNh

Further company coverage: HROM.NS

March 13 (Reuters) - Ashok Leyland Ltd ASOK.NS:

• INDIA'S FEB 2-WHEELER SALES 13,84,605 UNITS - INDUSTRY BODY

• INDIA'S FEB 3-WHEELER SALES 57,788 UNITS - INDUSTRY BODY

• INDIA'S FEB TOTAL DOMESTIC PASSENGER VEHICLE SALES 3,77,689 UNITS - INDUSTRY BODY

• INDIA AUTO INDUSTRY BODY: UPCOMING FESTIVITIES OF HOLI, UGADI IN MARCH LIKELY TO CONTINUE TO DRIVE DEMAND

Further company coverage: ASOK.NS

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** Hero MotoCorp HROM.NS gains as much as 2.1% to 4,319.95 rupees in early trade, last up ~1%

** HROM's Q3 profit beat estimates on higher sales of mid-level models such as the "Xtreme 125R"

** India's top motorcycle maker by volumes declares dividend of 100 rupees ($1.14)/share

** Rivals TVS Motor TVSM.NS, Bajaj Auto BAJA.NS reported profit misses, but analysts cheered exports, margin outlook

** HROM, TVSM, BAJA rated "buy" on avg - LSEG

** HROM down 2.5% so far this week

($1 = 87.4710 Indian rupees)

(Reporting by Manvi Pant in Bengaluru)

(([email protected]; +918447554364;))

** Shares of Hero MotoCorp Ltd HROM.NS drop 0.8% ahead of third-quarter earnings later in the day

** Analysts on avg expect HROM to report 4.8% profit growth, which would be its slowest in 2 years - data compiled by LSEG

** Q3 profit seen at 11.25 billion rupees ($128 million), rev at 101.4 billion rupees

** In Oct-Dec qtr, HROM's overall volumes grew just 0.7%, slowest rise since Jul-Sep quarter of FY22

** Rivals TVS Motor TVSM.NS, Bajaj Auto BAJA.NS reported profit misses, but analysts cheered exports, margin outlook

** All three stocks rated "buy" on avg

** HROM down 8% since its previous earnings report mid-Nov

($1 = 87.5610 Indian rupees)

(Reporting by Nandan Mandayam in Bengaluru)

(([email protected]; Mobile: +91 9591011727;))

Feb 4 (Reuters) - Hero MotoCorp Ltd HROM.NS:

• TAX DEPARTMENT IMPOSES 4.56 BILLION RUPEES PENALTY ON HERO MOTOCORP

Source text: ID:nBSE9GnBp0

Further company coverage: HROM.NS

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Corrects paragraph 1 to say CEO would step down effective April 30, not May 1

Jan 31 (Reuters) - Top Indian two-wheeler manufacturer Hero MotoCorp HROM.NS said on Friday its CEO Niranjan Gupta would step down from the role, effective April 30.

The company named insider Vikram Kasbekar as its acting CEO.

(Reporting by Nandan Mandayam in Bengaluru; Editing by Sonia Cheema)

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Jan 14 (Reuters) -

• INDIA'S DEC TOTAL DOMESTIC PASSENGER VEHICLE SALES 3,14,934 UNITS - INDUSTRY BODY

• INDIA'S DEC 2-WHEELER SALES 11,05,565 UNITS - INDUSTRY BODY

• INDIA'S DEC 3-WHEELER SALES 52,733 UNITS - INDUSTRY BODY

• INDIA'S JAN-DEC TOTAL DOMESTIC PASSENGER VEHICLE SALES 42,74,793 UNITS - INDUSTRY BODY

• INDIA'S JAN-DEC 2-WHEELER SALES 1,95,43,093 UNITS - INDUSTRY BODY

• INDIA'S JAN-DEC 3-WHEELER SALES 7,28,670 UNITS - INDUSTRY BODY

(([email protected];))

** Shares of Hero MotoCorp HROM.NS fall 1.7% to 4,236.35 rupees, top loser in the Nifty 50 index .NSEI

** Two‐wheeler maker's total sale for December fell 17.5% y/y due to 22.1% y/y drop in domestic sales

** Sales of motorcycles were down 15.8% y/y, scooter sales fell 32.8% y/y

** Competitor Bajaj Auto's BAJA.NS Dec total 2‐wheeler sales fell 4% y/y, while TVS Motor TVSM.NS saw an 8% y/y rise

** Brokerage BofA says domestic 2-wheeler demand hurt by receding pent up demand post solid festive season and weaker-than-expected wedding season demand

** Stock rose only 1% in 2024 vs 51% gains in 2023

(Reporting by Vijay Malkar)

(([email protected];))

Jan 2 (Reuters) - Hero MotoCorp Ltd HROM.NS:

• SALES EXCEED 5.9 MILLION UNITS IN 2024

• DEC SALES AT 324,906 UNITS

Source text: ID:nBSEYYhbT

Further company coverage: HROM.NS

(([email protected];))