The BSE Auto index rose 9.8% during this period, while rival Bajaj Auto Ltd paled in comparison with negative returns. This compares favourably with Bajaj Auto, whose revenue contracted by around 5%. More From Livemint »Further, the operating leverage from sales growth helped Hero MotoCorp’s operating profit margins. With the monsoon on track and rural consumption set to improve, Hero MotoCorp may have an edge over peers due to its strong rural penetration. Hero MotoCorp’s market share could be challenged due to its relatively small presence in the growing scooter market and in premium motorcycles, say some analysts.

Source: Mint July 26, 2017 01:41 UTC