Hero MotoCorp operating profit may lag estimates: Report

Hero MotoCorp operating profit may lag estimates: Report Hero MotoCorp Ltd may miss the consensus operating profit forecast for the July-September quarter when it reports results on Wednesday, according to StarMine data.

StarMine`s SmartEstimates, which places greater emphasis on forecasts by top-rated analysts, expects Hero MotoCorp to report an operating profit of 7.20 billion rupees for the quarter, compared with a consensus mean estimate of 7.60 billion rupees.

Hero MotoCorp shares are down 1.4 percent at 1036 am.