Hero MotoCorp: Easy YoY Comps to Lend Support in 2H; Pillion Ban Seen Offsetting Growth

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Equity Analyst, LightStream Research

Chacko Jacob

Equity Analyst

Long-Short Analysis on Japan, Asia and the World

LightStream Research

LightStream conducts quantitatively rigorous and data-driven analysis with a focus on Japan and Asia.

We consistently cover the Tech, Consumer and Industrial sectors, and provide ECM and Events coverage more broadly.

We supplement traditional qualitative insights from company relationships with a robust quantitative foundation that examines as much historical data as is available.
We further refine the accuracy of our insights and calls through the use of alternative data to flesh out current trends, and through a valuation framework that emphasises non-superficial peer group selection and a proper attempt to understand the metrics and changes that have driven security valuations in the past.

Thematic (Sector/Industry)

India Automobiles / Thematic (Sector/Industry)

<div class="content-highlight"><h2><strong>Background</strong></h2></div><p>A recent video showing cricketer Sachin Tendulkar advising a pillion rider to wear a helmet has been making the rounds on social media. Despite several states, including Kerala (where the video was shot), making it compulsory for pillion riders to wear helmets, the rule continues to be flouted. The countless deaths in recent months of pillion riders have led to the state of Karnataka taking the drastic step of banning pillion riding altogether. The ban was directed at only new sub…</p>

BackgroundA recent video showing cricketer Sachin Tendulkar advising a pillion rider to wear a helmet has been making the rounds on social media. Despite several states, including Kerala (where the video was shot), making it compulsory for pillion riders to wear helmets, the rule continues to be flouted. The countless deaths in recent months of pillion riders have led to the state of Karnataka taking the drastic step of banning pillion riding altogether. The ban was directed at only new sub…

Court Stays Ban on Pillion Riding in K'taka that Was Liable to Affect 500k Units Across 3 Companies