Hero MotoCorp share gains ground despite muted Q1; what's next?

Hero MotoCorp share price, Q1 results: The world's largest two-wheeler manufacturer Hero MotoCorp shares were in focus on Wednesday, defying broader market weakness despite a lacklustre Q1 performance. The stock rose as much as 2.29 per cent to hit an intraday high of ₹4,577.40. 

 

Around 10:00 AM, Hero MotoCorp share was trading 1.46 per cent higher at ₹4,540, even as the BSE Sensex slipped 0.29 per cent to 80,306.90.  READ STOCK MARKET UPDATES LIVE

Q1 results: Muted but steady

 

Hero MotoCorp reported a muted performance for the first quarter, with its standalone net profit