Hero MotoCorp Q3 preview: Festive demand, price hikes may lift PAT 17% YoY

Pricing and product mix are expected to offer incremental support. HSBC notes that discounts were flat sequentially, while the company took a price hike of about 50 basis points during the quarter. Kotak expects average selling prices to rise 2–2.5% YoY, helped by a richer mix, including a higher share of exports and scooters.