Hero MotoCorp on Friday reported a 51% year-on-year (YoY) growth in net profit for the quarter ended December to Rs 1,073.40 crore, which was largely on expected lines. Revenue from operations grew 21% YoY in the quarter to Rs 9,724 crore and was higher than an ETnow poll of Rs 9,690 crore.
Ultravolt launch sparks sell-off in wire stocks; high-voltage players insulated
The wire and cable industry faced stock declines amidst rumors of Ultravolt’s impending market entry. The Aditya Birla Group’s initiative aims for a robust nationwide