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ATHER PREMIUMISATION
Ather Energy shares can rally till Rs 1,450, says CLSA, citing twin engineCLSA sees nearly 60% upside in Ather Energy, initiating coverage with an “Outperform” rating and a Rs 1,450 target. The brokerage cites a “...- Amid fading FAME surge, charging woes, GST 2.0 ICE kickstart, electric 2-wheelers need new directionLegacy manufacturers continue to anchor the market. Hero MotoCorp retained its leadership, followed by Honda and TVS, signalling a return t...
- Jefferies initiates coverage on 3 alcohol stocks, calls one of them dark horseJefferies initiates coverage on Indian spirits firms United Spirits, Radico Khaitan, and Allied Blenders with “Buy” ratings, citing premium...
- Electric two-wheeler startups skid; Paytm’s profitability outlookTop startups in the electric two-wheeler space saw a slide in market share in the first quarter, while legacy names revved up. This and mor...
- Hero MotoCorp Q3 Results: Profit surges 51% YoY to Rs 1,073 crore; co to pay Rs 100/share dividendHero Moto Q3 Results: Revenue from operations grew 21% YoY in the quarter to Rs 9,724 crore and was higher than an ETnow poll of Rs 9,690 c...
- Volume ramp up, robust supply chain: What Bajaj and TVS can do to make EV biz countMargin gains and volume share within the overall product portfolio of EVs are still small. And the EV production lines of the ICE OEMs cont...
- Rural market rebounds, govt’s capex push to pay dividends: Hero MotoCorp CEOInvestors have given a thumbs up to the company’s performance, with its share price on a steady northward movement. Hero MotoCorp CEO Niran...
- IT slowdown to hit appraisals; Ghazal Alagh on Mamaearth’s growth strategyPay increases at top tier Indian IT firms could halve from a year ago as the $245-billion industry faces a major slowdown. This and more in...
- Byju’s CFO quits; Flipkart’s Big Billion sale numbersIn another blow to edtech Byju’s, its chief financial officer, Ajay Goel, is leaving after seven months at the company. This and more in to...
- Niranjan Gupta on premiumisation and how Hero MotoCorp needs to look beyond two-wheelers“We do see that our portfolio structurally moving towards a higher margin platform. So a combination of inflation cooling off and portfolio...
- Can underperforming Hero Moto deliver strong returns post Q1?The automaker said its consolidated profit after tax grew 71 per cent YoY at Rs 625 crore, missing ET Now poll estimate of Rs 796.60 crore....
- Has risk-reward turned positive for worst performing Nifty50 stock?JPMorgan finds valuations attractive, as it recommended a 'buy' on the stock with a target of Rs 3,025.
- Buy Hero MotoCorp, target price Rs 3200: Axis SecuritiesHero MotoCorp Ltd., incorporated in the year 1984, is a Large Cap company (having a market cap of Rs 54799.55 Crore) operating in Auto sect...
- Hero MotoCorp remains bullish regarding business growth in domestic, overseas marketsThe country's largest two-wheeler maker, which had crossed the 100 million cumulative production mark in January this year, is now set for ...
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