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 Hero MotoCorp falls as much as 4.2 pct.Heads towards steepest daily fall since Feb 18.March-quarter net profit falls 4 pct to 4.77 bln rupees.Jan-March results marginally weaker due to higher other expenses - Jefferies.

Adds results do not change its view Hero well positioned to grow profitably despite temporarily weak demand and perceived competitive intensity.

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