Hero MotoCorp shares climbed 4.5% in Friday trading, reaching a five-month high of ₹5,800, after the Indian two-wheeler manufacturer reported a robust June quarter.
The rally reflects investor confidence in the company's accelerating growth trajectory following a period of softer performance.
Volume growth was equally strong, with motorcycle and scooter sales rising 23% compared to the same period last year.
The stock's advance was underpinned by a 36% year-on-year increase in quarterly revenue, which reached ₹13,126 crore.
Volume growth was equally strong, with motorcycle and scooter sales rising 23% compared to the same period last year.
The results also highlighted a notable expansion in profitability, signaling improved operational leverage.
This performance marks a significant turnaround for Hero MotoCorp, which had faced headwinds in previous quarters.