Latest news with #INR4
Business Insider
10 hours ago
- Automotive
- Business Insider
Hero Motocorp Limited (HEROMOTOCO) Gets a Sell from Jefferies
Jefferies analyst Nitij Mangal maintained a Sell rating on Hero Motocorp Limited on August 8 and set a price target of INR3,800.00. The company's shares closed last Friday at INR4,599.80. Elevate Your Investing Strategy: Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence. Mangal covers the Consumer Cyclical sector, focusing on stocks such as Bajaj Auto Limited, Hero Motocorp Limited, and Hyundai Motor India Limited. According to TipRanks, Mangal has an average return of 0.7% and a 54.29% success rate on recommended stocks. Hero Motocorp Limited has an analyst consensus of Hold, with a price target consensus of INR4,251.42, implying a -7.57% downside from current levels. In a report released on August 8, Kotak Mahindra also maintained a Sell rating on the stock with a INR3,575.00 price target. Based on Hero Motocorp Limited's latest earnings release for the quarter ending December 31, the company reported a quarterly revenue of INR102.6 billion and a net profit of INR11.08 billion. In comparison, last year the company earned a revenue of INR97.88 billion and had a net profit of INR10.93 billion
Business Insider
15 hours ago
- Automotive
- Business Insider
Investec Remains a Hold on Hero Motocorp Limited (HEROMOTOCO)
Investec analyst Aditya Jhawar maintained a Hold rating on Hero Motocorp Limited today and set a price target of INR4,400.00. The company's shares closed last Friday at INR4,599.80. Elevate Your Investing Strategy: Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence. Jhawar covers the Consumer Cyclical sector, focusing on stocks such as Bajaj Auto Limited, Hero Motocorp Limited, and Tata Motors Limited. According to TipRanks, Jhawar has an average return of 0.7% and a 52.63% success rate on recommended stocks. In addition to Investec, Hero Motocorp Limited also received a Hold from J.P. Morgan's Amyn Pirani in a report issued on August 8. However, on the same day, Kotak Mahindra maintained a Sell rating on Hero Motocorp Limited (NSE: HEROMOTOCO). The company has a one-year high of INR6,245.00 and a one-year low of INR3,322.60. Currently, Hero Motocorp Limited has an average volume of 24.29K.
Time Business News
2 days ago
- Automotive
- Time Business News
Maximize Savings with the Best Fuel Credit Cards
Every time you fill your tank, a hidden charge often goes unnoticed — the fuel surcharge. While it may seem minor, over time, it adds up significantly. Fortunately, the right credit card can help you save on this recurring expense. If you're looking to cut down on your fuel costs, opting for the best fuel credit card can be a smart financial move. In this blog, we'll explore how fuel surcharge waivers work, how to take advantage of them, and why certain credit cards stand out in offering these benefits. When you use a credit card to purchase fuel, petrol pumps typically add a fuel surcharge — usually around 1% of the transaction amount. A fuel surcharge waiver is a feature offered by certain credit cards that reimburses this extra charge, helping you save on every refuel. With the right best fuel credit card, you could save up to INR3,000 annually just by using your card at the pump. That's money that would otherwise go unnoticed and untapped. Brands offer a fuel surcharge waiver on eligible credit cards, helping cardholders save whenever they pay for fuel. For example, the waiver applies to purchases between INR400 and INR4,000 per transaction. If your transaction falls within this range, the 1% surcharge will be refunded to your account in the following statement cycle. Only existing cardholders of the eligible credit cards mentioned above can enjoy the fuel surcharge waiver. To make the most of this feature, ensure that one fulfills the general criteria listed below: Your fuel transactions are between INR400 and INR4,000. Your credit card account is in good standing (i.e., not delinquent, over-limit, or closed). You use petrol pumps with Electronic Draft Capture (EDC) machines. Understanding the terms and limitations is key when using a fuel credit card: Transactions below INR400 or above INR4,000 are not eligible for the waiver. Service Tax and Goods and Services Tax (GST) on fuel transactions will not be reversed. While the surcharge is refunded, you won't earn reward points on fuel purchases. The refund appears in your next statement cycle, not immediately after the transaction. Even though there are a few exclusions, the savings from eligible transactions can be substantial, especially for regular drivers. Choosing the best fuel credit card goes beyond just getting a waiver. The ideal card should offer: Low or competitive credit card interest rates Transparent billing and transaction processing Easy access to account summaries and statements No hidden charges or surprise deductions Fuel cards are particularly beneficial for individuals who travel frequently for work or leisure, families with multiple vehicles, and anyone who commutes daily. Over time, the savings stack up, leading to better monthly budgeting and improved financial discipline. Here are a few simple tips to make the most of your fuel credit card: Refuel Smartly – Ensure your fuel purchase amount stays within the eligible transaction range. Track Limits – Be mindful of the INR250 monthly waiver cap if you're using a Visa Platinum or RuPay Platinum card. Avoid Over-Spending – Don't overshoot INR4,000 per transaction to remain eligible. Stay Updated – Keep an eye on your credit card statements to confirm surcharge refunds. Maintain Good Credit – Regular payments ensure you continue enjoying waiver benefits without interruption. Fuel expenses are a regular part of life, but they don't have to drain your wallet. By opting for the best fuel credit card, you can enjoy cashback-like benefits, reduce monthly outflows, and simplify your spending. While you should always consider the credit card interest rates and fee structures before choosing a card, the surcharge waiver alone makes credit cards an excellent option for frequent drivers. TIME BUSINESS NEWS
Economic Times
28-07-2025
- Business
- Economic Times
Unlisted dreams, listed disappointments? NSDL's IPO leaves pre-IPO investors riled.
NSDL is set to open its INR4,011 crore IPO on July 30, pricing shares in the range of INR760 - INR800. But while the depository's fundamentals are strong, the pricing has left a bitter aftertaste for investors who bought in the unlisted market at around INR1,025 — a near 22% haircut at the upper end of the IPO band. The offer is entirely an offer-for-sale, with no fresh issue component, which means no capital infusion for the company — just an
Time of India
28-07-2025
- Business
- Time of India
Unlisted dreams, listed disappointments? NSDL's IPO leaves pre-IPO investors riled.
NSDL is set to open its INR4,011 crore IPO on July 30, pricing shares in the range of INR760 - INR800. But while the depository's fundamentals are strong, the pricing has left a bitter aftertaste for investors who bought in the unlisted market at around INR1,025 — a near 22% haircut at the upper end of the IPO band. The offer is entirely an offer-for-sale, with no fresh issue component, which means no capital infusion for the company — just an
