Prefer Bajaj Auto over Hero Motocorp from two-wheeler space: Anand Tandon

In a chat with ET Now, Anand Tandon, CEO, JRG Securities shares his views on the two-wheeler space, especially Bajaj Auto and Hero Motocorp.

ET Now: What is your call on the two-wheeler space and Hero Motocorp in particular?

Anand Tandon: Two wheelers is still a reasonably attractive space, but I would prefer Bajaj. It has better leverage on both domestic as well as international markets. Because of the fact that it exports quite substantially, it will have some benefits of the exports as well.

Overall, Hero still has to worry more about its chain of products rather than worry about the royalty. There are more fundamental problems that Hero has to get over with. I would it is still attractive space, but I would prefer Bajaj on that.