ADVERTISEMENT

Motilal Oswal: Hero MotoCorp Q1 Review - Above Estimate Performance; Product Mix, Cost Cuts Drive Beat; Demand Recovery Positive

Hero MotoCorp has to ramp up its supply chain and broad-base demand to sustain the rual sales momentum, Motilal Oswal says.

A worker inspects motorcycles ready for shipping in the dispatch bay of the Hero MotorCorp’s manufacturing facility in Gurugram, India. (Photographer Prashanth Vishwanathan/Bloomberg)
A worker inspects motorcycles ready for shipping in the dispatch bay of the Hero MotorCorp’s manufacturing facility 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. These reports offer BloombergQuint’s subscribers an opportunity to expand their understanding of companies, sectors and the economy.
To continue reading this story
Subscribe to unlock & enjoy all Members-only benefits

Choose a plan

Renews automatically. Cancel anytime.
Still Not convinced ? Know More