Hero MotoCorp shares rally 5% after Q2 PAT, revenue see double-digit growth. Should you invest?
- Posted on November 18, 2024
- By Business News Today
- 3 Views
Hero MotoCorp shares rally 5% after Q2 PAT, revenue see double-digit growth. Should you invest?
Hero Motocorp's shares surged 5% after reporting a 14% rise in Q2 net profit, reaching ₹1204 crore. Revenue grew 11% to ₹10463 crore, driven by record revenue from parts and accessories. Analysts are optimistic, citing rural market recovery, new launches, and strong brand equity as key growth drivers.
