Epic Research

Monday, May 20, 2013

Epic Update : Hero MotoCorp

Stock TipsHave seen significant hike in retail volumes in April-May
Recorded highest retail numbers in April outside festive season
Alert: Hero MotoCorp retailed 5.5 lakh units
Upsurge in sales on back of Navratri & Gudi Padwa
Sales momentum boosted by onset of auspicious buying
Seeing sales pick up across India
Expect to sustain growth momentum if monsoon good
5-year warranty on bikes has lifted overall sentiment
5-year warranty has led to hike in retail market share.

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