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HEROMOTOCO

Reputation: 642,681 • Nov 2, 2023 3:41 PM

Hero MotoCorp shares up 2% on strong Q2 earnings. Should you buy, sell or hold stock?

Hero MotoCorp on Wednesday reported strong earnings for the quarter ended September 2023, with the net profit surging over 47% year-on-year (YoY) to Rs 1,054 crore. The bottomline was higher than the ETNow poll of Rs 983 crore. Revenue from operations increased by 4% on year to Rs Rs 9445.42 crore and was also above the estimated Rs 9,209 crore.

The Economic Times

𝗡𝗲𝘄𝘀 𝗦𝘂𝗺𝗺𝗮𝗿𝘆
• Hero MotoCorp reported strong earnings for the quarter ended September 2023, with net profit surging over 47% year-on-year to Rs 1,054 crore.
• Shares of Hero MotoCorp jumped 2% following strong earnings and favourable views from top brokerages.
• Top brokerages have recommended buying the stock, with target prices ranging from Rs 2,521 to Rs 3,500.
https://economictimes.indiatimes.com/markets/stocks/news/...
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