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Hero MotoCorp surges after March quarter result beats forecast


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

Story first published on: April 29, 2013 09:26 (IST)

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