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There's light at the end of the tunnel for this weekly tactical pick

Valuation looks reasonable for the company, which is set to benefit from improved chip supply, softer commodity prices, and a pick-up in auto demand

September 09, 2022 / 09:22 IST
There's light at the end of the tunnel for this weekly tactical pick

Hero MotoCorp: Hero MotoCorp June sales grows 3.3% to 4.85 lakh units. The leading two-wheeler maker sold 4.85 lakh units of motorcycles and scooters in June 2022, a growth of 3.3% over 4.69 lakh units sold in the corresponding month of the previous fiscal. During the quarter ended June 2022, it sold 13.90 lakh units, a robust double-digit growth of 35.7 percent over 10.25 lakh units sold in same period last year.

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This Research Report / Research Recommendation has been published by Moneycontrol Dot Com India Limited (hereinafter referred to as “MCD”) which is a registered Investment Advisor under the Securities and Exchange Board of India (Investment Advisers) ...Read More