2 stocks Siddhartha Khemka from FMCG sector

economictimes.indiatimes.com:

«So we see the demand recovery led by the rural segment, which has been a drag for the last couple of years. We expect that to improve from this year onwards. And to back it up, the company has been launching several newer products, both in the traditional as well as in the EV space, which is gathering pace for Hero Moto,» says Siddhartha Khemka, MOSL.Within the entire two-wheeler space as well as the biking space, which are the stocks that take your preference?If you look at the entire two-wheeler space, there has been a lot of momentum of late, especially some of the larger ones like Bajaj Auto, which saw significant uptick, both in terms of profitability as well as in its stock price.

But if you look at our preference right now, it is with Hero MotoCorp, largely driven by the low valuations or the steep discount that it trades to some of the other peers, including the likes of TVS Motors. So we see the demand recovery led by the rural segment, which has been a drag for the last couple of years. We expect that to improve from this year onwards.

And to back it up, the company has been launching several newer products, both in the traditional as well as in the EV space, which is gathering pace for Hero Moto. The stock is trading at almost 15 times one year forward compared to 30 times TVS Motor PE. And yesterday we saw the new entry by Hero Moto into the premium segment, which it had so far not catered to in association with Harley.