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Hero MotoCorp, Eicher Motors, BPCL, UPL in focus

Hero MotoCorp sold 505,467 units of motorcycles and scooters in February 2021. The company had dispatched 498,242 units of two-wheelers during the corresponding month of the previous year (February 2020).
Eicher Motors said its total motorcycle sales rose to 69,659 units in February 2021 from 63,536 units in February 2020.
Bharat Petroleum Corporation (BPCL) said that its Board of Directors approved the proposal for sale of entire equity shares i.e. 45,35,45,998 equity shares of Rs 10/-each held by BPCL in Numaligarh Refinery (NRL) (constituting 61 .65% of the total equity capital of NRL), a material subsidiary company of BPCL to a consortium of Oil India and Engineers India, (consortium); and to Govt. of Assam, or only to the said consortium in case Govt. of Assam does not participate in purchase of said shares, in such proportion and on such terms and conditions as approved by the Board. Total consideration would be Rs. 9875.96 crore. ....

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Hero MotoCorp sells 4.47 lakh units in December 2020

The company had sold 424,845 units over the corresponding month of the previous year (December 2019).
Hero MotoCorp further consolidated its market leadership by clocking its best ever third quarter, with 18.45 lakh units sold during the October-December period. This is a 19.7% growth over the corresponding quarter in the previous fiscal (FY 20) when the Company had sold 15.41 lakh units.
The December volumes indicate the continuously improving consumer sentiment and the company expects the positive trend to continue in the new year, despite challenges posed by Covid-19 pandemic.
The wide range of best-in-class products and consistent alignment of new technologies and services will ensure company s strong growth impetus in 2021. ....

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