Hero Motocorp Share Price Today

Hero MotoCorp Ltd. established in 1984, is the world's leading motorcycle and scooter manufacturer. It was formed as a partnership between Hero Cycles of India and Honda of Japan. The company's roots can be traced back to 1944, when Brijmohan Lall Munjal founded Hero Cycles. In 1983, Munjal partnered with Honda to establish Hero Honda Motors Limited, which quickly became the dominant force in the Indian two-wheeler market. In 2011, the Hero-Honda partnership ended, leading to the formation of Hero MotoCorp. Despite the separation, Hero MotoCorp has maintained its position in the Indian two-wheeler market, selling over 100 million motorcycles and scooters since its inception. You can keep an eye on Hero MotoCorp share price on BSE & NSE.

Hero MotoCorp Result Highlights

Hero MotoCorp Ltd Q3FY24 quarterly and 9MFY24 results are announced.

Volume: In Q3FY24, 14.60 lakh motorbikes and scooters were sold.
Operating revenue: Rs 9,724 crore as opposed to Rs 8,031 crore.
For the quarter, earnings before interest, tax, depreciation, and amortization increased by 47% to Rs 1,362 crore.

Key Personnel of Hero MotoCorp Ltd

Dr. Pawan Munjal

Executive Chairman and Full-Time Director

Dr. Pawan Munjal, a respected Indian businessman, serves as Executive Chairman and full-time Director at Hero MotoCorp, the world's leading motorcycle manufacturer. Under his leadership, the company has formed innovative partnerships with global companies like Harley-Davidson and Zero Motorcycles to develop advanced transportation solutions.

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Subsidiaries of Hero MotoCorp

Hero MotoCorp's Subsidiaries Overview:

Hero Tech Center Germany GmbH: A research and development subsidiary with over 100 engineers and designers. Focuses on engine development, vehicle dynamics, chassis design, and electronics.
HMCL Netherlands B.V: Holding company for Hero MotoCorp's global operations, overseeing international subsidiaries.
HMCL Niloy Bangladesh Limited: Manufacturing facility in Savar, Bangladesh, producing motorcycles and scooters for the Bangladesh market.
HMC MM Auto Limited: Manufacturing facility in Neemrana, Rajasthan, producing motorcycles and scooters for the Indian market.

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Hero MotoCorp Ltd

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