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Here's what analysts expect from Hero MotoCorp's FY19Q4 results today

The update on demand trend in rural and urban markets and new model launch pipeline will be the key monitorables

Hero MotoCorp

Hero MotoCorp is expected to report a muted FY19Q4 performance on Friday amid an 11 per cent YoY degrowth in volumes, analysts say. Moreover, competitive pricing pressure and negative opearing leverage due to inventory correction might impact the company's operating margin and profitability for the quarter. Analysts see the update on demand trend in rural and urban markets and new model launch pipeline as the key monitorables in the results announcement. ICICI Securities expects the company's net profit to decline 20 per cent to Rs 770 crore in FY19Q4 while the ...