The Economic Times
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| 17 May, 2021, 10:19 AM IST | E-Paper
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    Hero Motocorp is beating the odds: Why it is stock pick of the week

    Synopsis

    Hero Motocorp has been able to maintain its gross margin despite the increase in input costs during the past few months. Cost control measures, reasonable valuations and high free cash flow generation are some of the other factors that have made the company a favourite of analysts.

    The second wave of covid and the subsequent lock down restrictions have hurt the auto industry, and the two-wheeler segment in particular. Lower middle class, the main target group for two-wheelers has been the worst-affected due to the pandemic and subsequent restrictions. This has negatively impacted the two-wheeler segment. However, the analysts are getting bullish on Hero Motocorp as it is successfully managing its growth through this tough
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