|Bid||0.00 x 2900|
|Ask||0.00 x 1400|
|Day's range||31.89 - 32.10|
|52-week range||23.10 - 33.32|
|Beta (5Y monthly)||1.06|
|PE ratio (TTM)||9.31|
|Forward dividend & yield||1.02 (3.21%)|
|Ex-dividend date||29 Mar 2021|
|1y target est||N/A|
Honda Motor Co unveiled its latest Civic hatchback designs on Thursday, with hopes that the all-new model will become a foundation for developing cars more efficiently. The eleventh generation model of the Civic reflects Honda's company-wide initiative dubbed Honda Architecture, which is aimed to increase the efficiency of development and to expand parts-sharing for mass-produced cars. Yosuke Sato, development leader for Japan's second biggest automaker, told reporters this month the company utilised Honda Architecture to increase efficiency when developing the Civic's engine compartment by integrating parts and arrangements for components such as an inlet air cooler.
Foreign automakers' hopes of a booming Indian car market are fading fast as a brutal second wave of COVID-19 infections and limited government room for more stimulus spending suggest a recovery could lag far behind China and the United States. Carmakers that saw nearly a decade of Indian sales growth wiped out in 2020 are expecting a bounce back in demand this year. "Choosing to remain in India depends on the cost benefit analysis of other international markets," the executive added, forecasting that, if the outlook remains grim, the number of automakers in the country could fall.
In the latest trading session, Honda Motor (HMC) closed at $32.53, marking a -0.82% move from the previous day.