Why this two-wheeler stock is poised to do well despite pressure on volumes

Why this two-wheeler stock is poised to do well despite pressure on volumes

In the coming quarters, volume growth will largely depend upon the impact of the second wave of the pandemic. Synopsis The operating margin before depreciation and amortisation (EBITDA margin) of India’s largest two-wheeler maker expanded by 100 basis points year-on-year to 13.9% in the March quarter. ET Intelligence Group: Despite raw material inflation, Hero MotoCorp … Read more