Hero MotoCorp on Wednesday reported strong earnings for the quarter ended September 2023, with the net profit surging over 47% year-on-year (YoY) to Rs 1,054 crore. The bottomline was higher than the ETNow poll of Rs 983 crore. Revenue from operations increased by 4% on year to Rs Rs 9445.42 crore and was also above the estimated Rs 9,209 crore.
Red October: FPI stock selloff at Rs 81,000 crore, highest in a month
The selloff in October is in contrast to their activity in the rest of 2024. So far this month, foreigners have sold stocks worth ₹6,100