It remains to be seen if Hero can pass on the cost of BS-VI vehicles to customers. Else, it will add to margin pressure Hero MotoCorp Ltd’s stock has retraced lost ground faster than its peers since the lockdown was eased.

The stock has gained 15.7% since 21 April, while shares of Bajaj Auto Ltd and TVS Motor Co. Ltd rose by 10.2% and 3.4% each, respectively.

The 15% decline in Hero MotoCorp shares from their highs seen earlier in the year is also far less than that of peers. The kicker for Hero’s stock came from news that the firm had sold 10,000 motorcycles within a week after some dealers reopened.

Click here to enlarge graphic But greater conviction on prospects come from the company’s large exposure to rural markets. This will help

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United States	Cases: 46 252 513 Deaths: 750 423 Recovered: 0
India	Cases: 34 321 025 Deaths: 459 652 Recovered: 0
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United Kingdom	Cases: 9 215 683 Deaths: 141 607 Recovered: 0
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