Research ReportsHero MotoCorp Q1 Results Review - Higher Spends On EV Hurts Margins: Motilal Oswal
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Hero MotoCorp Q1 Results Review - Higher Spends On EV Hurts Margins: Motilal Oswal
The brokerage expects the company to deliver a volume CAGR of 8% over FY24-26E, driven by
new launches in the 125cc, scooters and premium segments, and a rampup in exports.
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