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ICICI Securities: Hero MotoCorp Q2 Review - Solid Demand Recovery Expectations Priced In

Hero MotoCorp’s operating numbers for the July-September quarter were in line with consensus estimates with ebitda margin at 13.7%

A pedestrian passes signage for Hero MotoCorp Ltd. in Gurugram, India. (Photographer: Prashanth Vishwanathan/Bloomberg)
A pedestrian passes signage for Hero MotoCorp Ltd. in Gurugram, India. (Photographer: Prashanth Vishwanathan/Bloomberg)
BQ Blue’s special research section collates quality and in-depth equity and economy research reports from across India’s top brokerages, asset managers and research agencies. These reports offer BloombergQuint’s subscribers an opportunity to expand their understanding of companies, sectors and the economy.
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