|Bid||3,295.40 x 0|
|Ask||3,296.95 x 0|
|Day's range||3,290.55 - 3,415.90|
|52-week range||1,475.00 - 3,628.55|
|Beta (5Y monthly)||N/A|
|PE ratio (TTM)||26.96|
|Forward dividend & yield||N/A (N/A)|
|1y target est||3,364.28|
India's Hero MotoCorp has set up a separate business unit to sell Harley-Davidson vehicles in India, Hero said on Wednesday, months after the U.S. company ended most of its operations in the world's largest motorcycle market. Hero has added 11 Harley-Davidson dealers in India and begun wholesale dispatches of Harley products to dealers from Jan. 18, the company said in a statement to Indian stock exchanges.
Recently launched in its BS-VI avatar, the Hero Glamour 125cc motorcycle comes with i3S (idle start-stop system) for enhanced mileage.
Harley-Davidson Inc <HOG.N> is in advanced talks with India's Hero MotoCorp <HROM.NS> for a distribution deal which will allow the U.S. company's motorcycles to be sold in India, after it stops local manufacturing there, three sources told Reuters. The Milwaukee-based company said on Thursday it will stop sales and shut its manufacturing plant in India, effectively abandoning the world's biggest motorcycle market after a decade of unsuccessful efforts to gain a foothold. Harley, however, is in talks with Hero over a distribution arrangement that will allow the Indian company to import and sell Harley bikes as its sole distributor, two sources with familiar with the talks said.