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Hero MotoCorp's net profit jumps four-fold to Rs 256 cr in Q1

Hero MotoCorp's net profit jumps four-fold to Rs 256 cr in Q1
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Niranjan Gupta , Global Parts Center , Centre Of Innovation , Hero Motocorp , Motocorp Chief Financial Officer Niranjan Gupta , நிரஞ்சன் குப்தா , உலகளாவிய பாகங்கள் மையம் , மையம் ஆஃப் கண்டுபிடிப்பு , ஹீரோ மோட்டோகார்ப் , மோட்டோகார்ப் தலைமை நிதி அதிகாரி நிரஞ்சன் குப்தா ,

Hero factories resume operations - Autocar India

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Hero MotoCorp is gearing towards a gradual resumption of operations by starting production at all its six manufacturing plants in India from today.
Hero’s top priority is to vaccinate its employees
The Haridwar plant has the highest manufacturing capacity
The company had already commenced single-shift production at three of its plants – Gurgaon and Dharuhera in Haryana and at Haridwar in the northern hill state of Uttarakhand – from May 17.
Three other plants – Neemrana in Rajasthan, Halol in Gujarat and Chittoor in Andhra Pradesh, will also start single-shift operations from May 24. The Global Parts Centre (GPC) at Neemrana will also be operational from the same day. ....

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Shares turn range bound; breadth remains strong

The benchmark indices traded in a narrow range with modest gains in afternoon trade. The moderation in daily new COVID-19 cases in India improved risk sentiments. The Nifty index continued to hover above 15,200 mark.
At 13:20 IST, the barometer index, the S&P BSE Sensex, rose 169.65 points or 0.34% at 50,710.13. The Nifty 50 index gained 39.25 points or 0.26% at 15,214.55.
Housing Development Finance Corporation (HDFC) (up 1.55%), HDFC Bank (up 1%) and Larsen & Toubro (L&T) (up 2.54%) supported the indices.
The broader market outperformed the benchmark indices. The S&P BSE Mid-Cap index rose 0.93%. The S&P BSE Small-Cap index gained 0.82%.
Buyers outpaced sellers. On the BSE, 1,915 shares rose and 1,177 shares fell. A total of 176 shares were unchanged. ....

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Nifty settles below 15,200; broader market outperforms

Equity indices ended with small gains on Monday led by firmness in banks stocks. The Nifty closed below the 15,200 mark after trading above that level for most part of the session. The moderation in daily new COVID-19 cases in India improved risk sentiments. Barring FMCG and metal, all the sectoral indices on the NSE ended in the green.
As per the provisional closing data, the barometer index, the S&P BSE Sensex, rose 111.42 points or 0.22% at 50,651.13. The Nifty 50 index gained 22.40 points or 0.15% at 15,197.70.
The broader market outperformed the benchmark indices. The S&P BSE Mid-Cap index surged 0.86% while the S&P BSE Small-Cap index gained 0.7%. ....

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Hero MotoCorp gains 3% on resumption of production at all facilities

Shares of Hero MotoCorp (HMCL) were up 3 per cent at Rs 2,961.75 on the BSE in intra-day trade on Monday after the company resumed production at all its facilities from today.
Hero MotoCorp - the world’s largest manufacturer of motorcycles and scooters – on Saturday said that the company is gearing up towards a gradual resumption of operations by starting production at all its manufacturing plants in India from Monday, May 24th.
The company had already commenced single shift production at three of its plants – Gurugram and Dharuhera in Haryana and at Haridwar in the northern hill state of Uttarakhand – from Monday, May 17. The other plants of Hero MotoCorp in India – Neemrana in Rajasthan, Halol in Gujarat and Chittoor in Andhra Pradesh - will also start single shift operations from May 24th. The Global Parts Centre (GPC) at Neemrana will also be operational from May 24th, it said. ....

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