Hero Motocorp Ltd (HMCL) reported Q2FY18 numbers, above our estimates on the operational front. Revenues came at | 8362 crore, up 7.3% YoY/up 4.9% QoQ, lower than our estimates of | 8820 crore. The topline is lower on account of GST related accounting changes for company's Haridwar plant & fall in net ASPs. Net blended ASPs stood at | 41339 vs our estimate of | 43604. Total volumes for the quarter stood at 2022805 units (highest ever quarterly sales), up 10.9% YoY/9.1% QoQ. The motorcycle volumes...