HEROMOTOCO a leader in 2 wheeler automobiles segment is largest 2 wheeler manufacturer and seller. It is one of the flagship company of Hero Group, India. Looking at the charts for stock performance we see that the company has shown a strong growth and hence the stock follows. Technically this stock is very bullish and for short term its in consolidation phase, for the short term view one can ... [Continue Reading]
Hero Honda declares Q1 result for FY12, net profit surges 14% to Rs.558 crore
India's largest two-wheeler manufacturer Hero Honda Ltd., has declared its Q1 result for financial year 12 its net profit has jumped about 14% to Rs.558 crore versus Rs.491 crore for the same period in previous year. Its net sales surged by more than 31% to Rs.5,638 crore against Rs.4,296 crore on (YOY) year-on-year basis. Even OPM (operating profit margin) has improved 14.3% against 14% during ... [Continue Reading]