InCred Equities recommends buying Hero MotoCorp shares on dip, upgrades rating to ’Add’ – here’s why
Shares of Hero MotoCorp, the world’s largest 2-wheeler manufacturer, have been on a steady decline since reaching their all-time high in June. Multiple factors are currently dragging the stock lower, with the company’s June quarter numbers coming in below the Street estimates, as profitability was impacted by weak average selling prices. Furthermore, the heightened competition … Read more