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.
Why FIIs are dumping bluechips to hunt small & midcaps
Foreign institutional investors are shifting their focus from India’s top blue-chip stocks to a wider array of mid- and small-cap companies. This strategic repositioning is