Hero MotoCorp invests ₹525 crore in electric three-wheeler market, acquiring stake in Euler Motors for growth and expansion.
The primary investment will be made by HMCL in Equity Shares and Series D Compulsory Convertible Preference Shares.
Hero MotoCorp share price has fallen 4% in one month and has dropped 11.5% on a year-to-date (YTD) basis. The auto stock has ...
Hero MotoCorp (HMCL), the leading two-wheeler manufacturer, is making a strategic entry into the rapidly growing electric ...
The investment allows Hero MotoCorp to venture into a rapidly growing electric three and four-wheeler market, says Pawan ...
The company said its board has approved a strategic investment of up to Rs 525 crore, n one or more tranches, in Euler Motors ...
Hero MotoCorp (HMCL), the leading two-wheeler manufacturer, is making a strategic entry into the rapidly growing electric three-wheeler market with an investment of up to Rs 525 crore ...
Hero MotoCorp has invested Rs 525 crore in Euler Motors, acquiring a 32.5% stake. This strategic move marks Hero's entry into the electric three-wheeler segment and reinforces its commitment to ...
Hero MotoCorp on Thursday said it has forayed into the electric three-wheeler segment by acquiring a 32.5 per cent stake in Euler Motors for Rs 525 crore. "Our strategic investment in Euler is a ...
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