A Study on Finanacial Analysis of Hero Motocorp Limited.
Journal Title: IOSR Journal of Humanities and Social Science - Year 2018, Vol 23, Issue 1
Abstract
“Hero” is the brand name used by the Munjal brothers for their flagship company Hero Cycles Ltd. A joint venture between the Hero Group and Honda Motor Company was established in 1984 as the Hero Honda Motors Limited At Dharuhera India. Munjal family and Honda group both own 26% stake in the Company. In 2010, it was reported that Honda planned to sell its stake in the venture to the Munjal family. Hero MotoCorp Ltd., formally Hero Honda Motor Ltd is the world’s largest manufacturer of two wheeler based in India. In 2001 the company achieved the coveted position of being the largest two wheeler manufacturer in India and also the worlds No.1 two wheeler company in terms of unit volume sales in a calendar year. Company continues to lead the domestic motor cycle market with 54.6% share.
Authors and Affiliations
Dr. V. Uma Head, Kavitha Asst. Prof. , Dr. A. Ramya. Asst Prof.
Keywords
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- EP ID EP417003
- DOI 10.9790/0837-2301053237.
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