Hero MotoCorp’s stock reached a 52-week high following a strong second quarter with double-digit revenue and profit growth. The company achieved a record market share for its VIDA EV brand and saw significant growth in global dispatches. Analysts maintain a ‘buy’ rating, anticipating continued sales volume growth driven by new launches and improving rural demand.
Jefferies is bullish on Adani Ports and 5 other logistics sector stocks. How many do you have?
Jefferies has shared an optimistic forecast for six logistics stocks, highlighting anticipated price hikes. Among them, Adani Ports is projected to rise by 20% from