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Hero surges 5% after Q4 earnings beat estimates

Shares in Hero MotCorp , India's largest motorcycle manufacturer, gain as much as 4.8 percent in early morning trade after the company's January-March profit beat street estimates for the first quarter in six.

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FP Archives|Dec 21, 2014, 02:15:28 IST

Shares in Hero MotCorp , India's largest motorcycle manufacturer, gain as much as 4.8 percent in early morning trade after the company's January-March profit beat street estimates for the first quarter in six.

[caption id="attachment_736119" align="alignleft" width="380"]Reuters

Reuters[/caption]

Hero reported a net profit of Rs 574 crore for the three months to end-March on Friday compared to analysts expectations of Rs 498 crore.

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Reuters

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First Published:Apr 29, 2013, 10:03:00 IST
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