Better growth visibility driven by recovery in 2W demand

Company
18 Dec 2023
5 Min read 
  • BSE SENSEX and S&P CNX have reached high levels.
  •  Hero MotoCorp is expected to benefit from the recovery in 2W demand.
  •  The company has growth strategies in place for expansion in premium and EV segments.
  •  The target price for Hero MotoCorp has been increased.
  •  The company has a strong presence in states with high 2W demand.
  •  Domestic 2W demand has rebounded and is expected to sustain further growth.
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