This is the fourth quarter in a row Hero has managed to expand its Ebitda per vehicle on a quarter-on-quarter basis when industry volume growth is still 25% lower than the peak of FY19.
Onion prices rise 20% in past two weeks as rains damage crop
Pune’s onion prices have surged by approximately 20% in the last two weeks due to crop damage from heavy rains, leading to reduced market arrivals.