Hero MotoCorp CEO Niranjan Gupta stated that the business is working with reliable partners in the United Kingdom, Spain, and France.
Compared to Rs 5,202.6 crore in September FY23, the company's revenue dropped by 1.5% to Rs 5,125.3 crore in the September quarter.
Recommendation: Buy; Target Price: Rs 2140
According to a regulatory filing, the company's revenue for the last quarter was Rs 6,736.5 crore, an 18.6% decrease from Rs 8,282.7 crore in the same quarter last year.
During the reporting quarter, revenue from operations climbed 7% year on year to Rs 1,828 crore.
Revenue for the quarter was Rs 5038.56 crore, up 24.9% from Rs 4145.5 crore in the same period last year.
Recommendation: Reduce; Target price: Rs 218
Recommendation: Buy; Target Price: Rs 1670
With more than 350 grades of greases, specialty products, and lubricants, the nearly 50-year-old company is one of the major participants in the domestic market.
Recommendation: Buy; Target price: Rs 720
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