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Hero Moto Tax Notice: Hero MotoCorp gets tax and interest notice from I-T Dept totalling INR 605 cr for six AYs, ET Auto

Hero Moto Tax Notice: Hero MotoCorp faces a tax demand notice of INR 308.65 crore plus interest from the Income Tax Department for six assessment years. The company plans to appeal against the orders, stating the demand is unsustainable. Despite this, its total sales rose 5.5% in FY24, with motorcycle and scooter sales showing growth.

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Hero MotoCorp shares rally over 100% in a year. Brokerages see further upside of up to 30%

Shares of Hero MotoCorp shed about a per cent to Rs 4,631.90, on Wednesday, commanding a total market capitalization of more than Rs 93,000 crore.

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Tata Motors, Bajaj Auto, Hero Moto: Key resistance and support levels for these buzzing stocks

Tata Motors is currently consolidating in the Rs 770–800 range, shaping a Flag formation that is indicative of a potential upward momentum.

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Pawan Munjal Pay Cut: Hero Moto's Pawan Munjal to take a pay cut of 20%, ET Auto

Pawan Munjal Pay Cut: Hero MotoCorp's board has approved a 20% reduction in Chairman Pawan Munjal's fixed salary. Munjal previously decided to separate the roles of Chairman and CEO and appoint a CEO. In FY23, he earned INR 99.6 crore, an 18% increase from FY22. The new remuneration would be effective January 1, 2024.

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Hero MotoCorp shares tank 4% as Delhi Police files FIR against Pawan Munjal

Munjal has been in the news lately as Directorate of Revenue Intelligence (DRI) and Enforcement Directorate (ED) are already investigating and questioning Hero MotoCorp's CMD.

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Hero MotoCorp, Grasim, IRCTC: Support & resistance levels for these buzzing stocks

Hero MotoCorp faced a trend-line resistance at a higher level of Rs 3,200. It saw a profit booking and slipped towards its previous breakout level of Rs 2,900, before resuming a new leg of rally.

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Hero MotoCorp shares hit Rs 3,000 after 2 years, stock up 17% in a month; what's next?

Shares of Hero MotoCorp climbed over 2 per cent on Thursday to 3,025.50, its new 52-week high as the stock has gained more than 17 per cent in the last one month.

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Stocks to watch: ITC, Infosys, Hero Moto, Motherson Sumi, PVR, NMDC

Read more about Stocks to watch: ITC, Infosys, Hero Moto, Motherson Sumi, PVR, NMDC on Business Standard. Sebi has barred eight entities, including two employees of Infosys, from the securities market for indulging in insider trading activities in the shares of the IT major

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Stocks to watch: Tata Steel, Hero MotoCorp, Concor, United Spirits, Grasim

Read more about Stocks to watch: Tata Steel, Hero MotoCorp, Concor, United Spirits, Grasim on Business Standard. Grasim Industries, India Cements, JK Paper, Mahanagar Gas and Barbeque-Nation Hospitality are among 33 companies slated to post their quarterly numbers today

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Top stock ideas from Anand Rathi: Buy Hero Moto, Welspun Corp

BUY HERO MOTO | TARGET: Rs 3,050 | STOP LOSS: Rs 2,740
The recent correction in the market dragged the stock of Hero MotoCorp from the high of Rs 3,600 towards Rs 2,800, a nearly 20 per cent erosion from the top. Post this fall, the stock found support at the placement of Ichimoku Cloud on the weekly scale and that could be a demand zone. Also, we are witnessing a Bullish Hammer candlestick pattern on the weekly chart which indicates the possibility of strong reversal. Hence, traders are advised to buy the stock in the range of Rs 2,860-2,840 with a stop loss of Rs 2,740 for the upside potential target of Rs 3,050 in 3-5 weeks.

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