Entry Level Bikes News Today

Hero MotoCorp: However, factors such as incremental volume from the premium bike segment, strong product lineup, and improving demand for entry-level bikes may help the countrys largest bike maker in mitigating the margin pressure from the EV segment and retain its outperformance on bourses. The stock has gained over 50% in the past three months, outperforming the 18% return of the ET Automobiles index.

However, factors such as incremental volume from the premium bike segment, strong product lineup, and improving demand for entry-level bikes may help the countrys largest bike maker in mitigating the margin pressure from the EV segment and retain its outperformance on bourses. The stock has gained over 50% in the past three months, outperforming the 18% return of the ET Automobiles index.

Investors would do well to closely track developments in the electric vehicle segment. Besides, a pick-up in rural demand is key as Hero primarily caters to entry level segment. In January, Hero’s two-wheeler volumes declined 9.5% sequentially to 356,690 units.