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

Moneycontrol Research   •

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

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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Disclosure & Disclaimer

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