Anil Dua quits Hero MotoCorp; to pursue career abroad

Dua will continue in his current role till June 24, Hero MotoCorp Ltd said in a statement.

Country's largest two-wheeler maker  Hero MotoCorp today said its Senior VP (Sales & Marketing) Anil Dua has put in his papers. Dua will continue in his current role till June 24, Hero MotoCorp Ltd said in a statement.

Confirming the development, Dua said: "I have accepted an exciting opportunity outside of the country to begin a new chapter in my professional career."

"Anil's contribution towards the growth of the company is highly appreciated. He played an important role in doubling of sales volumes and increasing market share during the past eight years," Hero MotoCorp Ltd Managing Director & CEO Pawan Munjal said.

The two-wheeler maker said the national marketing and sales functions will continue to be headed by Sanjeev Shukla and A Srinivasu respectively, while the national dealer development and after-sales service functions will remain with Ajay Dikshit and Rajesh Mukhija, respectively.

Hero Motocorp stock price

On June 02, 2014, Hero Motocorp closed at Rs 2385.10, up Rs 41.35, or 1.76 percent. The 52-week high of the share was Rs 2775.05 and the 52-week low was Rs 1565.95.

The company's trailing 12-month (TTM) EPS was at Rs 105.62 per share as per the quarter ended March 2014. The stock's price-to-earnings (P/E) ratio was 22.58. The latest book value of the company is Rs 356.32 per share. At current value, the price-to-book value of the company is 6.69.

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