Why TVS has an edge over Hero2 min read . Updated: 07 Nov 2022, 02:53 AM IST
- Both two-wheeler makers are hopeful of better demand for their products after the festive season.
After a lull, the festive season has lifted the two-wheeler segment. In their respective September quarter (Q2FY23) earnings calls last week, Hero MotoCorp Ltd and TVS Motor Co. Ltd said they saw volume growth in the festive period from a year earlier. During the 32-day festive period, Hero saw a 20% rise in retail and the inventory levels dropped to one of the lowest post-festive seasons. Similarly, TVS had stocks for less than one month after the festive season.
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