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Accumulate Hero Motocorp, Bajaj Auto: Prabhudas Lilladher
Prabhudas Lilladher’s report on Automobiles Led by new launches from Honda (New Activa), Hero (Maestro), and TVS (Jupiter), the scooter segment grew at a faster clip of 30.4% YoY for Aug’14 period. The motorcycle segment, too, witnessed a faster pace of growth, growing at 14.4% vs 6.2% last month. The faster volume growth of the scooter segment led to a 236bps YoY improvement in itR...[Read More]