External broker reports(aggregated public sources), Axis Direct

Axis Direct

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External broker reports(aggregated public sources)

Axis Direct is the flagship brand under Axis Securities Limited, a subsidiary of Axis Bank in India. 

Content available is external broker reports authored by a third party outside the Smartkarma network and has been aggregated by an online aggregator through publicly available sources and is displayed by Smartkarma in this format for user's convenience and general informational purposes only. Content does not constitute investment or financial advice and Smartkarma makes no representation or warranty regarding its accuracy or contents. Original third party author retains all copyright and other proprietary rights in the content. Access or use of third party links not controlled by Smartkarma are at the user's own risk.

Equity Bottom-Up

<ul>
<li>Hero Moto Corp Ltd (HMCL) is the dominant player in the Indian 2W industry, boasting a market share of approximately 34.6% as of March 2022.</li>
<li>Motorcycles constitute the majority of its revenue, contributing around 94% of total volumes, while scooters contribute 6%.</li>
<li>With a focus on the domestic market, Hero derives about 94% of its volumes from India. </li>
</ul>
<p><em>Content is external broker report sourced from online content aggregator through publicly available sources and is displayed below for general informational purposes only. Refer full disclaimer below.</em></p>


Hero Moto Corp Ltd (HMCL) is the dominant player in the Indian 2W industry, boasting a market share of approximately 34.6% as of March 2022.
Motorcycles constitute the majority of its revenue, contributing around 94% of total volumes, while scooters contribute 6%.
With a focus on the domestic market, Hero derives about 94% of its volumes from India. 

Content is external broker report sourced from online content aggregator through publicly available sources and is displayed below for general informational purposes only. Refer full disclaimer below.

Pick of the Week - Hero Motocorp Ltd - 01 JAN 2024