Hero MotoCorp
- Advice
- Hold
Hero Motocorp Performance
Day Range
- Low 3,625.70
- High 3,788.15
52 Week Range
- Low 2,246.00
- High 3,788.15
- Open Price3,635.00
- Previous Close3,622.00
- Volume1561256
Start SIP in Hero MotoCorp
Start SIPHero 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
| Indicator | Sep 2023 | Jun 2023 | Mar 2023 | Dec 2022 | Sep 2022 | Jun 2022 | Mar 2022 |
|---|---|---|---|---|---|---|---|
| Oper Rev Qtr Cr | 9,445 | 8,767 | 8,307 | 8,031 | 9,075 | 8,393 | 7,422 |
| Operating Expenses Qtr Cr | 8,117 | 7,561 | 7,224 | 7,107 | 8,037 | 7,452 | 6,594 |
| Operating Profit Qtr Cr | 1,328 | 1,206 | 1,083 | 924 | 1,038 | 941 | 828 |
| Depreciation Qtr Cr | 175 | 169 | 169 | 162 | 163 | 163 | 158 |
| Interest Qtr Cr | 5 | 5 | 5 | 5 | 3 | 7 | 7 |
| Tax Qtr Cr | 343 | 270 | 288 | 229 | 248 | 199 | 175 |
| Net Profit Qtr Cr | 1,054 | 825 | 859 | 711 | 716 | 625 | 627 |
Hero Motocorp Technicals
EMA & SMA
- 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
| 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 Name | Sep-23 | Jun-23 | Mar-23 | Dec-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
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 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.