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Hero MotoCorp Ltd. 's net profit saw a 30% uptick for the fourth quarter of the fiscal 2025-26.
Hero MotoCorp's Q4 net profit rose 30% YoY to Rs 1,401 crore.
KEY POINTS
- Major brokerages raised or reiterated target prices, reflecting up to 34.6% implied upside.
- Citi observed EBITDA exceeded estimates, while PAT matched expectations due to lower other income.
- Morgan Stanley noted average selling prices grew 2.7% quarter-on-quarter despite margin pressure.
COMPANIES
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