Hero MotoCorp Limited: Morgan Stanley maintains Overweight with Target Price ₹6,537 (raised from ₹6,471), citing auto volume upcycle conviction despite cost pressures, supply-chain risks and tighter regulations, with near-term 1QFY27 margin headwinds but gradual cost pass-through supported by strong demand and attractive industry outlook.

 17 Apr 2026 09:05 AM

Hero MotoCorp Limited: Morgan Stanley maintains Overweight with Target Price ₹6,537 (raised from ₹6,471), citing auto volume upcycle conviction despite cost pressures, supply-chain risks and tighter regulations, with near-term 1QFY27 margin headwinds but gradual cost pass-through supported by strong demand and attractive industry outlook.