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LTP
18.70 (0.41%)
Volume
5,52,130 Cr
Market Cap
₹54,744 Cr
52W Low - High
₹3,734.80 - ₹6,246.25
Sector
Automobile
LTP
10.35 (2.48%)
Volume
5,116 Cr
Market Cap
₹151 Cr
52W Low - High
₹245.05 - ₹476.00
Sector
Realty
LTP
-0.09 (-0.08%)
Volume
2,10,306 Cr
Market Cap
₹464 Cr
52W Low - High
₹71.15 - ₹145.70
Sector
Auto Ancillaries
LTP
-4.53 (-2.89%)
Volume
40,836 Cr
Market Cap
₹403 Cr
52W Low - High
₹131.30 - ₹211.90
Sector
Auto Ancillaries
LTP
-1.20 (-2.39%)
Volume
3,51,066 Cr
Market Cap
₹311 Cr
52W Low - High
₹31.00 - ₹64.77
Sector
Auto Ancillaries
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The Hero Group was founded in 1956 with the launch of Hero Cycles Limited by the Munjal brothers, Dayanand Munjal, Satyanand Munjal, Brijmohan Lall Munjal and O. P. Munjal. Since then, Hero has become synonymous with two-wheelers in India. Hero MotoCorp (formerly Hero Honda Motors Ltd.) is the world’s largest manufacturer of two-wheelers, which was incorporated in 1984.
Hero MotoCorp, an Indian company based in New Delhi, has made innovation the cornerstone of its business model. It has led the way in creating cutting-edge motorbikes and scooters with cutting-edge technology for consumers all over the world. It became the world’s largest two-wheeler manufacturer in 2001 in terms of unit volume sales in a calendar year and has held the coveted distinction for the past 18 consecutive years.
The group companies include Munjal Hospitality, Hero Motors, Hero Global Design, Firefox, ZFH, Hero Cycles, OMA, BSH, Avocet, and Munjal Kirui Industries (Pvt.) Ltd, and SPUR.
The group is present in numerous sectors, including:
Dr. Brijmohan Lall Munjal was the founder of the Hero Group. He was the archetypal first-generation businessperson. He was a man who began small, had huge dreams, and utilised tenacity and perseverance to build the world’s top motorbike and scooter manufacturer as well as one of the biggest corporate groups in the nation. When he and his brothers moved to Ludhiana in 1947, following India’s independence from British rule, Dr. Brijmohan Lall Munjal started his business career. The family founded a business that offered bicycles as a means of basic transportation. He included a second, equally important chapter, which depicted the economical and technologically advanced transit that millions of middle-class Indians would have access to three decades later as India developed.
Dr Pawan Munjal is currently the Executive Chairman & Whole-time Director. He is one of India’s renowned corporate leaders, championing growth, socio-economic progress, and technological innovations. With his leadership, Hero MotoCorp achieved the coveted title of the world’s largest manufacturer of motorcycles in 2001 and has successfully retained this position to date – for 22 consecutive years. The company has also surpassed the milestone of 112 million units in cumulative production and sales.
To invest in Hero Group stocks via Angel One, follow these steps:
You can track the status of the purchase from the ‘Positions’ section in the ‘Orders’ module. Once the stock is delivered, you can track its gains and losses from your ‘Portfolio.’
Hero Moto Corp, Munjal Auto Industries Ltd, and Munjal Showa Ltd are listed companies under the Hero Group.
As of January 17, 2024, Hero Moto Corp is the biggest company under the group, with a market capitalisation of ₹87,999 crore.
Dr. Brijmohan Lall Munjal was the founder of the Hero Group. He was the archetypal first-generation businessperson. He became one of the world’s top motorbike and scooter manufacturers as well as one of the biggest corporate groups in the nation.
Hero Motocorp Ltd reported a profit of ₹1,007 crore during the September 2023 quarter and became the highest profit-making company under the group.
For the half-year ended September 2023, Hero Moto Bank Ltd reported the highest debt of ₹651 crore under the group.
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