Hero MotoCorp forecasts slower growth, increases capex to ₹1,500 cr
after close1 source ↓written by the desknot a recommendation
Hero MotoCorp anticipates high single-digit growth in FY27 for the domestic two-wheeler industry, down from double-digit growth last year. The company is increasing its capex to ₹1,500 cr amid rising costs of commodities, fuel, and labor, which are expected to pressure margins in the near term. The CEO noted ongoing volatility in raw material prices, complicating the business outlook.
Not investment advice. For informational purposes only.