Hero MotoCorp expects a slight rise in profit and revenues for Q3 despite stagnant volumes, primarily due to improved product mix and higher average selling prices. Revenue is projected to increase by 3% YoY, while PAT is expected to rise 2% YoY. EBITDA margins are anticipated to improve YoY but decline QoQ due to lower volumes and festive season discounts.
10 smallcaps that delivered up to 25% returns in a week when 1,000 stocks fell
Indian equity markets witnessed a volatile week as geopolitical tensions and rising crude prices triggered broad-based selling across Dalal Street. Nearly 900 smallcap stocks declined