HEROMOTOCO

Hero Motocorp Share PriceHero MotoCorp

₹3,746.9
124.9 (3.45%)
  • Advice
  • Hold
As on 29 November, 2023 | 20:55 BSE: 500182 NSE: HEROMOTOCOISIN: INE158A01026

Hero Motocorp Performance

Day Range

  • Low 3,625.70
  • High 3,788.15
₹ 3,746.9

52 Week Range

  • Low 2,246.00
  • High 3,788.15
₹ 3,746.9
  • Open Price3,635.00
  • Previous Close3,622.00
  • Volume1561256

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Hero Motocorp Share Price

  • Over 1 Month 20.39%
  • Over 3 Month 25.39%
  • Over 6 Month 34.93%
  • Over 1 Year 32.48%

Hero Motocorp Key Statistics

P/E Ratio 23.1
PEG Ratio 0.9
Market Cap Cr 74,896
Price to Book Ratio 4.5
EPS 141.4
Dividend 2.7
Relative Strength Index 83.01
Money Flow Index 89.58
MACD Signal 86.16
Average True Range 79.39

Hero Motocorp Investment Rating

  • Master Rating:
  • Hero Motocorp has an operating revenue of Rs. 34,936.69 Cr. on a trailing 12-month basis. An annual revenue growth of 15% is outstanding, Pre-tax margin of 11% is healthy, ROE of 16% is good. The company is debt free and has a strong balance sheet enabling it to report stable earnings growth across business cycles. The stock from a technical standpoint is comfortably placed above its key moving averages, around 15% and 27% from 50DMA and 200DMA. It has recently broken out of a base in its weekly chart and is trading around 11% from the pivot point (which is extended from the ideal buying range for a stock). From an O'Neil Methodology perspective, the stock has an EPS Rank of 70 which is a FAIR score but needs to improve its earnings, a RS Rating of 64 which is FAIR indicating the recent price performance, Buyer Demand at A+ which is evident from recent demand for the stock, Group Rank of 102 indicates it belongs to a poor industry group of Auto Manufacturers and a Master Score of B is close to being the best. Institutional holding has gone up in the last reported quarter is a positive sign. Overall, the stock definitely has some strength, you may want to examine it in more detail.

EPS Strength

Price Strength

Buyer Demand

Group Rank

Hero MotoCorp Financials
IndicatorSep 2023Jun 2023Mar 2023Dec 2022Sep 2022Jun 2022Mar 2022
Oper Rev Qtr Cr 9,4458,7678,3078,0319,0758,3937,422
Operating Expenses Qtr Cr 8,1177,5617,2247,1078,0377,4526,594
Operating Profit Qtr Cr 1,3281,2061,0839241,038941828
Depreciation Qtr Cr 175169169162163163158
Interest Qtr Cr 5555377
Tax Qtr Cr 343270288229248199175
Net Profit Qtr Cr 1,054825859711716625627
IndicatorMar 2023Mar 2022
Total Revenue Annual Cr 34,37129,802
Operating Expenses Annual Cr 29,81925,877
Operating Profit Annual in Cr 3,9863,369
Depreciation Cr 657650
Interest Annual Cr 2026
Tax Annual Cr 964777
Net Profit Annual Cr 2,9112,473
IndicatorMar 2023Mar 2022
Cash from Operating Activity Annual Cr 2,5792,020
Cash from Investing Activity Annual Cr -469-152
Cash from Financing Annual Activity Cr -2,041-1,939
Net Cash Flow Annual Cr 70-71
IndicatorMar 2023Mar 2022
Total ShareHolders Funds Annual Cr 16,70515,783
Fixed Assets Annual Cr 6,2256,265
Total Non Current Assets Annual Cr 14,22611,599
Total Current Assets Annual Cr 9,03710,115
Total Assets Annual Cr 23,26321,714
IndicatorMar 2023Mar 2022
Book Value Per Share Annual Rs 836790
ROE Annual % 1716
ROCE Annual % 2220
Total Debt to Total Equity Annual --
EBDIT Annual Margin % 1313
IndicatorSep 2023Jun 2023Mar 2023Dec 2022Sep 2022Jun 2022Mar 2022
Oper Rev Qtr Cr 9,5338,8518,4348,1189,1588,4487,497
Operating Expenses Qtr Cr 8,1747,6397,3107,1778,0727,5066,641
Operating Profit Qtr Cr 1,3601,2121,1249421,086941856
Depreciation Qtr Cr 187180180172173173168
Interest Qtr Cr 25211924481413
Tax Qtr Cr 353281317289254203165
Net Profit Qtr Cr 1,006710805726688590611
IndicatorMar 2023Mar 2022
Total Revenue Annual Cr 34,72730,106
Operating Expenses Annual Cr 30,06526,107
Operating Profit Annual in Cr 4,0943,445
Depreciation Cr 697690
Interest Annual Cr 10553
Tax Annual Cr 1,064729
Net Profit Annual Cr 2,8102,317
IndicatorMar 2023Mar 2022
Cash from Operating Activity Annual Cr 2,6142,104
Cash from Investing Activity Annual Cr -421-222
Cash from Financing Annual Activity Cr -2,147-1,975
Net Cash Flow Annual Cr 45-94
IndicatorMar 2023Mar 2022
Total ShareHolders Funds Annual Cr 16,65615,847
Fixed Assets Annual Cr 6,6136,711
Total Non Current Assets Annual Cr 14,48211,906
Total Current Assets Annual Cr 9,43510,572
Total Assets Annual Cr 23,91722,478
IndicatorMar 2023Mar 2022
Book Value Per Share Annual Rs 840801
ROE Annual % 1715
ROCE Annual % 2220
Total Debt to Total Equity Annual --
EBDIT Annual Margin % 1414

Hero Motocorp Technicals

EMA & SMA

Current Price
₹3,746.9
124.9 (3.45%)
pointer
  • Bullish Moving Average
  • ___
  • 16
  • Bearish Moving Average
  • ___
  • 0
  • 20 Day
  • ₹3,350.58
  • 50 Day
  • ₹3,202.61
  • 100 Day
  • ₹3,087.29
  • 200 Day
  • ₹2,952.90
  • 20 Day
  • ₹3,279.54
  • 50 Day
  • ₹3,157.10
  • 100 Day
  • ₹3,093.82
  • 200 Day
  • ₹2,848.55

Hero Motocorp Resistance and Support

PIVOT
₹3,720.25
Resistance
First Resistance 3,814.80
Second Resistance 3,882.70
Third Resistance 3,977.25
RSI 83.01
MFI 89.58
MACD Single Line 86.16
MACD 137.07
Support
First Resistance 3,652.35
Second Resistance 3,557.80
Third Resistance 3,489.90

Hero Motocorp Delivery and Volume

Period NSE + BSE Volume Avg NSE + BSE Delivery Volume Avg NSE + BSE Delivery Volume %
Day 1,610,414 49,858,417 30.96
Week 1,148,932 37,374,750 32.53
1 Month 753,641 32,549,769 43.19
6 Month 735,805 32,323,907 43.93

Hero Motocorp Result Highlights

Hero MotoCorp Synopsis

NSE-Auto Manufacturers

Hero Motocorp is involved in the business activities of Manufacture of motorcycles, scooters, mopeds etc. and their engine. Company’s Total Operating Revenue is Rs. 33805.65 Cr. and Equity Capital is Rs. 39.97 Cr. for the Year ended 31/03/2023. Hero MotoCorp Ltd. is a Public Limited Listed company incorporated on 19/01/1984 and has its registered office in the State of Delhi, India. Company’s Corporate Identification Number(CIN) is L35911DL1984PLC017354 and registration number is 017354.
Market Cap 74,718
Sales 34,550
Shares in Float 12.99
No of funds 876
Yield 2.76
Book Value 4.33
U/D Vol ratio 1.5
LTDebt / Equity
Alpha 0.08
Beta 0.96

Hero MotoCorp

Owner NameSep-23Jun-23Mar-23Dec-22
Promoters 34.77%34.77%34.77%34.77%
Mutual Funds 12.49%10.33%12.15%11.07%
Insurance Companies 2.58%2.64%1.85%2.14%
Foreign Portfolio Investors 26.8%28.1%27.01%27.48%
Financial Institutions/ Banks 0.11%0.11%0.43%0.42%
Individual Investors 7.15%7.51%7.98%7.83%
Others 16.1%16.54%15.81%16.29%

Hero MotoCorp Management

Name Designation
Dr. Pawan Munjal Exe.Chairman & W T D
Mr. Vikram S Kasbekar Whole Time Director
Ms. Vasudha Dinodia Non Executive Director
Mr. Suman Kant Munjal Non Executive Director
Mr. Pradeep Dinodia Non Executive Director
Ms. Tina Trikha Ind. Non-Executive Director
Ms. Camille Tang Ind. Non-Executive Director
Air M'shal (Retd.) B S Dhanoa Ind. Non-Executive Director
Mr. Rajnish Kumar Ind. Non-Executive Director
Prof. Jagmohan Singh Raju Ind. Non-Executive Director

Hero Motocorp Forecast

Price Estimates

2,000(9.8%)
1,758(-3.5%)
1,590(-12.7%)

Other Analyst Rating

Hero Motocorp Corporate Action

Date Purpose Remarks
2023-11-01 Quarterly Results
2023-08-10 Quarterly Results
2023-05-04 Audited Results & Final Dividend
2023-02-07 Quarterly Results & Interim Dividend
2022-11-03 Quarterly Results
Date Purpose Remarks
2023-02-17 INTERIM Rs.65.00 per share(3250%)Interim Dividend
2022-02-22 INTERIM Rs.60.00 per share(3000%)Interim Dividend
2021-02-16 INTERIM Rs.65.00 per share(3250%)Interim Dividend
2021-02-16 SPECIAL Rs.5.00 per share (250%) Special Interim Dividend

Hero MotoCorp MF Shareholding

Name Amount(cr)
SBI Nifty 50 ETF 155,471
HDFC Balanced Advantage Fund Growth 63,981
UTI Nifty 50 Exchange Traded Fund 42,363
ICICI Prudential Bluechip Fund Growth 41,269
Kotak Flexicap Fund Growth 39,269

Hero MotoCorp FAQs

What is Share Price of Hero MotoCorp ?

Hero MotoCorp share price is ₹3,746 As on 29 November, 2023 | 20:41

What is the Market Cap of Hero MotoCorp ?

The Market Cap of Hero MotoCorp is ₹74895.7 Cr As on 29 November, 2023 | 20:41

What is the P/E ratio of Hero MotoCorp ?

The P/E ratio of Hero MotoCorp is 23.1 As on 29 November, 2023 | 20:41

What is the PB ratio of Hero MotoCorp ?

The PB ratio of Hero MotoCorp is 4.5 As on 29 November, 2023 | 20:41

Is Hero MotoCorp Ltd. a good investment?

Hero Motocorp has an operating revenue of INR 32,558.44 Cr. on a trailing 12-month basis. Annual revenue growth of 5% is not great, Pre-tax margin of 13% is healthy. As per analysts rating in the last 6 months, the recommendation is to BUY Hero Motocorp.

What is the ROE of Hero MotoCorp?

Hero MotoCorp has an ROE of 18% which is exceptional.

Who is the CEO of Hero MotoCorp?

Pawan Kant Munjal is the Chairman and CEO of Hero MotoCorp.

What is the stock price CAGR of Hero MotoCorp?

The stock price CAGR of Hero MotoCorp for 10 Years is 2%, for 5 Years is -4%, for 3 Years is -6% and for 1 Year is -19%.

What is the market capitalization of Hero MotoCorp?

The market capitalization of Hero MotoCorp is INR 49,187.99 Cr.

Where can you buy Hero MotoCorp shares?

You can buy shares of Hero MotoCorp by creating a Demat account online and verifying yourself.
 

What are the main peers of Hero MotoCorp Ltd?

The top competitors of Hero MotoCorp Ltd in the industry are Bajaj Auto Ltd., Eicher Motors Ltd., TVS Motor Company Ltd., and Atul Auto Ltd. 
 

Where can you buy Hero MotoCorp shares?


You can buy shares of Hero MotoCorp by creating a Demat account online and verifying yourself.
 

 

What are the main peers of Hero MotoCorp Ltd?

The top competitors of Hero MotoCorp Ltd in the industry are Bajaj Auto Ltd., Eicher Motors Ltd., TVS Motor Company Ltd., and Atul Auto Ltd. 

 

Q2FY23