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As On 26-Nov-2021 EOD, Market Closed
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  • Hero MotoCorp announces retail finance schemes for customers

    Hero MotoCorp on Wednesday introduced a range of new retail finance schemes for customers ahead of the upcoming festive season.

    The company announced financial products such as No-Hypothecation, No cost EMIs, and Cash EMI (loan without a bank account). This will ensure that customers can bring home their preferred Hero MotoCorp product hassle-free, the company said in a statement

    Along with Hero FinCorp, the two wheeler marker also introduced segment first schemes such as Kisan EMI and Balloon EMI. These schemes provide tailor-made solutions for farm-income-based customers as well as customers with seasonal incomes.

    Additionally, Hero MotoCorp said it has introduced attractive schemes such as Aadhaar based funding, low down payment starting from Rs 6,999, low interest rate of 5.55% and long tenure loans of up to 48 months. The customers can also avail instant monetary benefits by using credit and debit cards of select banks like SBI and ICICI Bank.

    Through easy options and customized schemes, Hero MotoCorp said it is ensuring that almost all customer segments in the country have access to convenient finance and purchasing power.

    Hero MotoCorp is the world's largest manufacturer of motorcycles and scooters. The two-wheeler major reported a 343.90% jump in consolidated net profit to Rs 256.46 crore on 85.3% rise in net sales to Rs 5,502.80 crore in Q1 FY22 over Q1 FY21.

    Shares of Hero MotoCorp rose 0.35% to Rs 2,925.90 on Wednesday

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Flash News 26-Nov-2021
  •  ( 15:42) Sensex crashes 1,700 pts; The Nifty index manages to close above 17,000  
  •  ( 14:39) Indices hover near intraday low; The Nifty index holds 17,100 level  
  •  ( 12:32) LIC of India picks up minor stake in Aurobindo Pharma on Nov. 24  
  •  ( 12:20) Kirloskar Ferrous to acquire a majority stake in ISMT  
  •  ( 12:07) Shreyas Shipping & Logistics purchases carrier TBC Kailash for $14.60 mil.  
  •  ( 11:50) Indian Metals board OKs 1:1 bonus issue  
  •  ( 11:37) Indices hit intraday low; market breadth remains weak  
  •  ( 11:00) Ramkrishna Forgings bags order worth $1.2 mn in Oil & Gas segment  
  •  ( 10:35) The Nifty index trades below 17,200 level  
  •  ( 10:34) Benchmarks edge lower as COVID-19 fears re-escalate  
  •  ( 10:16) Tarsons Products lists at Rs 700 vs issue price of Rs 662  
  •  ( 10:14) Greenlam Ind board to mull stock split on 13 Dec  
  •  ( 09:32) Domestic indices open lower; The Nifty index trades beneath 17,300 mark  
  •  ( 08:46) Godrej Properties acquires land parcel in Bengaluru's Sarjapur  
  •  ( 08:35) Asian stocks trading lower  
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26 November 2021 00:00
3143.90
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661.80
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3333.95
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737.45
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2742.10
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1107.75
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1490.10
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901.45
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1962.95
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1777.35
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852.90
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2291.80
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