India's Hero Motors rises on strong June quarter results
BUZZ-India's Hero Motors rises on strong June quarter results ** Shares of India's Hero Motors HERT.NS rise 6.3% to 164.98 rupees
** Stock on track to snap four straight sessions of losses** Automotive technology co says quarterly consolidated revenue grew 25% Y/Y to 3.19 billion rupees ($33.6 million) from 2.56 billion rupees a year ago
** Consolidated net profit rose 117% Y/Y to 102 million rupees from 47.4 million rupees
** ICICI Direct Research says co reported healthy results with EBITDA margins at 11.2%
($1 = 95.0000 Indian rupees)
(Reporting by Anushka Rajvedi in Bengaluru)
((mailto: anushka.rajvedi@thomsonreuters.com))