Hero MotoCorp surges after March quarter result beats forecast
Reuters | Updated On: April 29, 2013 11:48 (IST)
Shares in Hero MotoCorp Ltd
, India's largest motorcycle manufacturer, gain as much as 5.4 per cent in early morning trade after the company's January-March profit beat street estimates for the first quarter in six.
Hero reported a net profit of Rs 574 crore for the three months to end-March on Friday compared to analysts expectations of Rs 498 crore.
Copyright @ Thomson Reuters 2013
|For Profit Update,