Hero Moto's got wind in its wheels, with strong models, rising demand
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.
Source: indiatimes.com