Hero MotoCorp shares down over 4% as Q4 net declines

The stock dropped by 4.33% to Rs 2,252 on the BSE. On the NSE, it was down 4.38% at Rs 2,251.30.

Hero-invested company files for bankruptcy in US

Hero had acquired 49.2 per cent stake in EBR in 2013 for USD 25 million (about Rs 148 crore) and had plans to market its products in the US through the EBR network.

Open to acquiring two-wheeler company: Hero MotoCorp

In July, the company had picked up 49.2 percent stake in US-based Erik Buell Racing (EBR) for USD 25 million, after entering into a technology sourcing pact last year.

Hero MotoCorp picks up 49.2% stake in EBR for $25 mn

The country's largest two-wheeler maker Hero MotoCorp Monday said it has picked up 49.2 percent stake in US-based Erik Buell Racing (EBR) for USD 25 million (about Rs 148 crore).