scorecardresearchHero MotoCorp shares rise after Q1; brokerages upbeat on the two-wheeler maker

Hero MotoCorp shares rise after Q1; brokerages upbeat on the two-wheeler maker

Updated: 16 Aug 2022, 04:44 PM IST
TL;DR.
Hero MotoCorp is gearing up to launch an electric vehicle in the festive season and has forged several partnerships and collaborations on this front including charging infrastructure.
EBITDA for the quarter under review stood at  <span class='webrupee'>₹</span>941 crore versus  <span class='webrupee'>₹</span>515 crore in Q1FY22, reflecting an 11.2% EBITDA margin and a growth of 83%.

EBITDA for the quarter under review stood at 941 crore versus 515 crore in Q1FY22, reflecting an 11.2% EBITDA margin and a growth of 83%.