Two Wheeler Sector
The top two companies in the two wheeler sector - Hero MotoCorp and Bajaj Auto - are seeing renewed investor interest after several months, with stocks trading close to their 52-week highs.
Motorcycle manufacturers have benefited from an expansion in their rural marketing strategy and continued to grow their vehicle sales, even in a rather difficult operating environment marked by rising finance rates that have not shown signs of easing.
Also, with the country experiencing a broadly normal monsoon this year, investors remain confident of rural demand, going forward. They are equally positive about the growth prospects for the motorcycle segment. Motorcycles constitute nearly 79-80% of total two-wheeler sales.
The top two companies in the two wheeler sector - Hero MotoCorp and Bajaj Auto - are seeing renewed investor interest after several months, with stocks trading close to their 52-week highs.
Motorcycle manufacturers have benefited from an expansion in their rural marketing strategy and continued to grow their vehicle sales, even in a rather difficult operating environment marked by rising finance rates that have not shown signs of easing.
Also, with the country experiencing a broadly normal monsoon this year, investors remain confident of rural demand, going forward. They are equally positive about the growth prospects for the motorcycle segment. Motorcycles constitute nearly 79-80% of total two-wheeler sales.
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