DSIJ Mindshare

Hero MotoCorp will start production of the Harley-Davidson X440 in September 2023 and commence customer deliveries from October onwards. The introductory ex-showroom prices have now been revised and the revised prices for the Denim, Vivid and S variants will be Rs 2,39,500, Rs 2,59,500 and Rs 2,79,500 respectively.

The stock is providing a good dividend yield of 3.78 per cent. The shares of the company have an ROE of 22 per cent and a ROCE of 24 per cent.  

Nifty auto index is considered one of the major sectoral indices on NSE. The Index is primarily used to gauge the performance in the automobile sector in India.   

Like NIFTY 50 Index, the NIFTY Auto Index is also calculated using the free float market capitalization method. The index level reflects the total free float market value of all stocks in the index relative to a particular base market capitalization value.