BEAMSTART Logo

Hero MotoCorp share price falls 3% in firm market; UBS maintains 'Sell'

Business Standard LogoBusiness Standard1d ago

Hero MotoCorp share price falls 3% in firm market; UBS maintains 'Sell' - Business Standard

Quick Summary:

Hero MotoCorp share price today declined 2.7 per cent in the intraday trade on Thursday.

The two wheeler manufacatuers’s festive retail volumes over the past two years have seen growth rates of 20 per cent and 19 per cent, respectively.

Increased competition from models like the Honda Shine and Bajaj Freedom, coupled with a shift toward scooters and EVs in smaller markets, analysts believe, is further eroding Hero’s traditional customer base, even as the broader market anticipates a recovery in commuter motorcycle sales.


More Pictures

Hero MotoCorp share price falls 3% in firm market; UBS maintains 'Sell' - Business Standard (Picture 1)

or

Article Details

Category: BusinessFinance

Markets:

Topics:

Source Website Secure: Yes (HTTPS)

News Sentiment: Negative

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-09-26 @ 10:12:31 (1 days ago)

News Timezone: GMT +5:00

News Source URL: business-standard.com

Language: English

Article Length: 602 words

Reading Time: 4 minutes read

Sentences: 23 lines

Sentence Length: 27 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Business Standard

News ID: 22715879

View Article Analysis

About Business Standard

Business Standard Logo

Main Topics: BusinessFinance

Official Website: business-standard.com

Update Frequency: 259 posts per day

Year Established: 1975

Headquarters: India

News Last Updated: 2 hours ago

Coverage Areas: India

Ownership: Independent Company

Publication Timezone: GMT +5:00

Content Availability: Worldwide

News Language: English

RSS Feed: Available (XML)

API Access: Available (JSON, REST)

Website Security: Secure (HTTPS)

Publisher ID: #49

Publisher Details

Frequently Asked Questions

How long will it take to read this news story?

The story "Hero MotoCorp share price falls 3% in firm market; UBS maintains 'Sell'" has 602 words across 23 sentences, which will take approximately 3 - 6 minutes for the average person to read.

Which news outlet covered this story?

The story "Hero MotoCorp share price falls 3% in firm market; UBS maintains 'Sell'" was covered 1 days ago by Business Standard, a news publisher based in India.

How trustworthy is 'Business Standard' news outlet?

Business Standard is a fully independent (privately-owned) news outlet established in 1975 that covers mostly business and finance news.

The outlet is headquartered in India and publishes an average of 259 news stories per day.

It's most recent story was published 2 hours ago.

What do people currently think of this news story?

The sentiment for this story is currently Negative, indicating that people regard this as "bad news".

How do I report this news for inaccuracy?

You can report an inaccurate news publication to us via our contact page. Please also include the news #ID number and the URL to this story.
  • News ID: #22715879
  • URL: https://beamstart.com/news/hero-motocorp-share-price-falls-17273269857332

BEAMSTART

BEAMSTART is a global entrepreneurship community, serving as a catalyst for innovation and collaboration. With a mission to empower entrepreneurs, we offer exclusive deals with savings totaling over $1,000,000, curated news, events, and a vast investor database. Through our portal, we aim to foster a supportive ecosystem where like-minded individuals can connect and create opportunities for growth and success.

© Copyright 2024 BEAMSTART. All Rights Reserved.