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.
PLI 2.0 for mobiles set to reward scale, exports; Dixon a key beneficiary: Motilal Oswal
The government’s new mobile phone manufacturing incentive scheme is set to favour companies with scale, export capabilities and strong domestic supply chains. Motilal Oswal said