HEROMOTOCO.NSE

Hero MotoCorp Ltd

Indian shares advanced on Wednesday, led by banking stocks after the government approved a credit guarantee scheme to support businesses hit by the Iran war. Positive reactions to major corporate earnings and a decline in oil prices, driven by hopes of a potential U.S.-Iran peace deal, further supported the gains. The Nifty 50 rose 0.4% at 24,127.90, as of 10:05 a.m. IST, while the BSE Sensex added 0.31% to 77,260.52. Thirteen of the 16 major sectors were trading in the green. The broader small-caps and mid-caps rose about 1% each. Heavyweight banks, private banks rose 1% each, while state-owned lenders gained 1.6%. The uptick comes after the Union Cabinet approved on Tuesday a new emergency credit guarantee programme worth $1.9 billion to support businesses, particularly small firms, facing short-term liquidity stress due to the Iran war. “The scheme is a net positive for banks, a modest loan growth tailwind and a more meaningful near-term asset quality buffer,” said analysts at Nomura.

May 5 (Reuters) - Hero MotoCorp, India's top two-wheeler maker, reported a better-than-expected quarterly profit on Tuesday, driven by strong demand in the domestic market, which accounts for more

May 5 (Reuters) - Hero MotoCorp, India's top two-wheeler maker, reported a better-than-expected quarterly profit on Tuesday, driven by strong demand in the domestic market, which accounts for more

Indian shares are poised to open lower on Tuesday as a sharp rise in crude oil prices overnight weighs on investor sentiment, while earnings-linked stock-specific moves ​are also expected to remain in focus. GIFT Nifty futures were trading ‌at 24,077 points, as of 8:06 a.m. IST, indicating that the benchmark Nifty 50 would open below Monday’s close of 24,119.30. Other Asian stock markets fell 0.8%, while Wall Street equities settled lower ​overnight. Brent crude rose to an intraday high of $115.3 a barrel on Monday ​after Iran stepped up attacks on the United Arab Emirates and ships ⁠in the Middle East Gulf, including several in the Strait of Hormuz. While crude oil ​prices eased a bit to about $113 on Tuesday, they remain elevated. Higher crude prices are ​a negative for the world’s third-largest importer of the commodity, as they add to inflationary pressures and drag economic growth and corporate earnings. Elevated crude oil prices are offsetting domestic positives, both on ​earnings and political clarity after state election outcomes, said two analysts.

Indian shares are poised to open lower on Tuesday as a sharp rise in crude oil prices overnight weighs on investor sentiment, while earnings-linked stock-specific moves ​are also expected to remain in focus. GIFT Nifty futures were trading ‌at 24,077 points, as of 8:06 a.m. IST, indicating that the benchmark Nifty 50 would open below Monday’s close of 24,119.30. Other Asian stock markets fell 0.8%, while Wall Street equities settled lower ​overnight. Brent crude rose to an intraday high of $115.3 a barrel on Monday ​after Iran stepped up attacks on the United Arab Emirates and ships ⁠in the Middle East Gulf, including several in the Strait of Hormuz. While crude oil ​prices eased a bit to about $113 on Tuesday, they remain elevated. Higher crude prices are ​a negative for the world’s third-largest importer of the commodity, as they add to inflationary pressures and drag economic growth and corporate earnings. Elevated crude oil prices are offsetting domestic positives, both on ​earnings and political clarity after state election outcomes, said two analysts.

India's two-wheeler market is off to a robust start for FY2026, with April sales showing significant year-on-year growth. Hero MotoCorp led the pack, followed closely by Honda. Royal Enfield also saw strong domestic demand, while Suzuki reported steady gains. Both motorcycles and scooters are contributing to this positive trend.

India's two-wheeler market is off to a robust start for FY2026, with April sales showing significant year-on-year growth. Hero MotoCorp led the pack, followed closely by Honda. Royal Enfield also saw strong domestic demand, while Suzuki reported steady gains. Both motorcycles and scooters are contributing to this positive trend.

Hero MotoCorp has appointed actor Ishaan Khatter as the brand ambassador for its Hero Xoom scooter range. Khatter's energetic persona aligns with the scooter's spirit. The company aims to connect with young India through this association. The Hero Xoom offers a unique riding experience with its design and performance features. This move highlights Hero MotoCorp's focus on youth-centric products.

Hero MotoCorp has appointed actor Ishaan Khatter as the brand ambassador for its Hero Xoom scooter range. Khatter's energetic persona aligns with the scooter's spirit. The company aims to connect with young India through this association. The Hero Xoom offers a unique riding experience with its design and performance features. This move highlights Hero MotoCorp's focus on youth-centric products.