Hero MotoCorp Limited (BSE:500182) is looking for acquisitions. During the company?s fourth quarter of fiscal year 2024 results conference call, Niranjan Gupta, Chief Executive Officer said that ?I think the scope for M&A is always there. So, our balance sheet is strong.

We are always open for acquisitions, for M&As where it makes strategic sense. And obviously, in EV, there may be players, there may be part of the eco chain, whether it's a technology or a capability that is up for grabs or up there, which can accelerate our own journey. We are always open for that.

There are teams which keep exploring, keep evaluating. But as you know, we always ensure that whatever we strike the deal, it has to be also at the right price, which delivers returns to our stakeholders and not at any cost. But yes, open to M&As, and that's what team keeps working towards while continuing to build organically as well?.