Hero MotoCorp fell 1.99% to Rs 3,189.45, as the scrip extended decline for the sixth consecutive session.
The stock has fallen 7.93% in six sessions, from its recent closing high of Rs 3,464 recorded on 8 March 2021.
The scrip is currently trading 12.10% below its 52-week high of Rs 3,628.55 hit on 18 February 2021. It has gained 116.23% from its 52-week low of Rs 1,475 recorded on 24 March 2020.
During the month of February, Hero MotoCorp sold 5,05,467 vehicles, which is higher 1.45% as compared to 4,98,242 units sold in the same month of the previous year.
The company continues to witness sequential improvement in total auto sales. Its total auto sales grew by 4.03% in February 2021 from 485,889 units sold in January 2021.
Read more about Hero MotoCorp Ltd eases for fifth straight session on Business Standard. Hero MotoCorp Ltd is quoting at Rs 3257.15, down 0.21% on the day as on 13:19 IST on the NSE. The stock jumped 76.91% in last one year as compared to a 66.58% rally in NIFTY and a 78.11% spurt in the Nifty Auto index.
TVS Motor Company introduced the 2021 TVS Apache RTR 160 4V motorcycle today. The motorcycle continues to stay true to its racing pedigree by offering increased power and torque in line with its customers evolving needs, thereby ensuring the best performance and power of 17.63 PS - making it the Most Powerful motorcycle in its class.
TVS Apache RTR 160 4V motorcycle gets an advanced engine 159.7 cc, single-cylinder, 4-valve, oil-cooled engine, that now churns out 17.63 PS at 9250 RPM and 14.73 Nm torque at 7250 RPM. The engine is mated to a 5-speed super-slick gearbox that offers a precise and powerful riding experience.
The motorcycle comes with an all-new dual tone seat with carbon fibre pattern and LED headlamp with claw styled position lamps adding to its overall premium appeal. Additionally, the motorcycle has become lighter with a two kg weight reduction, with the disc variant weighing 147kg and the drum variant weighing 145 kg.
TVS Motor Company rose 1.14% to Rs 604.5 after the two-wheeler maker announced the launch of 2021 TVS Apache RTR 160 4V.TVS Motor Company on Wednesday introduced the 2021 TVS Apache RTR 160 4V motorcycle. TVS said the motorcycle continues to stay true to its racing pedigree by offering increased power and torque in line with its customers evolving needs, thereby ensuring the best performance and power of 17.63 PS.
The new TVS Apache RTR 160 4V motorcycle will be available in three colours. It will be available in two variants at the current price: Disc priced at Rs 110,320 (ex-showroom Delhi) and the Drum priced at Rs 107,270.
Read more about Auto stocks slip after weak FADA data on Business Standard. The Nifty Auto index slipped 0.76% to 10,427 after the auto body FADA said automobile registration in February 2021 declined compared with the same period last year.