Hero MotoCorp shares up over 3 % as unit raises Rs 1,002 cr
Shares of Hero MotoCorp rose by over 3 percent after its unit Hero FinCorp raised Rs 1,002 crore from private equity firms and also from its parent Hero Group to fuel expansion over the next 12-18 months.
Sep 16, 2016, 13:25 PM ISTBain selling Hero MotoCorp shares worth up to $116 mn?
Morgan Stanley is the sole bookrunner for the deal
Nov 25, 2015, 12:01 PM ISTHero MotoCorp shares fall 4%; top loser on Sensex, Nifty
Stocks of Hero MotoCorp Thursday fell by nearly 4 percent after US-based Erik Buell Racing, in which the two-wheeler giant had a substantial stake, filed for bankruptcy -- a development that may affect the Indian firm's plans in the American markets.
Apr 16, 2015, 19:59 PM ISTControlling shareholders to sell $300 million of shares in Hero MotoCorp
Controlling shareholders of Hero MotoCorp Ltd, India`s biggest maker of motorcycles and scooters, plan to sell $300 million worth of shares later in the day, according to a term sheet seen by Reuters.
Feb 18, 2015, 08:55 AM ISTBain to sell stake in Hero MotoCorp worth up to $393 mn
The private equity firm is offering the Indian company`s shares in the indicative price band of 2,582 rupees to 2,717 rupees each, it said, a discount of as much as 5 percent from its closing price on Thursday.
Jun 12, 2014, 19:51 PM IST