Ideas for Profit | Hero MotoCorp: Q4 earnings dismal; long-term valuations attractive

Moneycontrol 2019-04-30

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Hero MotoCorp's Q4 FY19 earnings have been disappointing. Demand was subdued, as widely expected, thanks to multiple macroeconomic and regulatory factors. Operating profitability also continued to be under pressure, primarily due to a rise in raw material prices and negative operating leverage

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