New Delhi, Aug. 10 -- Hero MotoCorp Ltd's stock has risen 6% in the past two trading sessions to Rs.5,890, after the June quarter (Q1FY27) earnings beat Street estimates despite a standalone gross margin contraction of 475 basis points (bps) year-on-year and 297bps sequentially to 28.5%.

The war in West Asia triggered inflationary spikes across oil and gas, freight, foreign exchange, and core raw materials, including steel, aluminium, and precious metals. To cope, Hero has implemented a cumulative blended price hike of about 4.5% across its internal combustion engine (ICE) portfolio since late February, and early double-digit increases for its electric vehicle (EV) variants.

Accelerated cost savings under its internal Leap programme and...