Hero MotoCorp Share Price
- Advice
- Hold
Start SIP in Hero MotoCorp
Start SIPHero MotoCorp Performance
Day Range
- Low 4,565
- High 4,697
52 Week Range
- Low 3,102
- High 6,246
- Open Price4,692
- Previous Close4,724
- Volume439536
Hero MotoCorp F&O
Hero Motocorp Investment Rating
-
Master Rating:
-
Hero MotoCorp Ltd. is the world’s largest manufacturer of motorcycles and scooters, with 8 manufacturing facilities across India, Bangladesh, and Colombia. It offers a wide range of two-wheelers targeting commuters and leisure riders, serving customers globally across Asia, Africa, and Latin America.
Hero Motocorp has an operating revenue of Rs. 39,148.40 Cr. on a trailing 12-month basis. An annual revenue growth of 11% is good, Pre-tax margin of 14% is healthy, ROE of 21% is exceptional. 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 trading below to its key moving averages. It needs to take out these levels and stay above it to make any meaningful move. It has recently broken out of a base in its weekly chart but failed to keep its momentum and is trading around -19% from the pivot point. From an O'Neil Methodology perspective, the stock has an EPS Rank of 67 which is a FAIR score but needs to improve its earnings, a RS Rating of 41 which is POOR indicating the underperformance as compared to other stocks, Buyer Demand at D+ which indicates heavy supply, Group Rank of 143 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 has mediocre earnings and technical strength, there are superior stocks in the current market environment.
Disclaimer: This stock analysis report is algorithmically generated for informational purposes only and should not be considered as a buy or sell recommendation.
EPS Strength
Price Strength
Buyer Demand
Group Rank
| Indicator | Jun 2024 | Mar 2024 | Dec 2023 | Sep 2023 | Jun 2023 | Mar 2023 |
|---|---|---|---|---|---|---|
| Oper Rev Qtr Cr | 10,144 | 9,519 | 9,724 | 9,445 | 8,767 | 8,307 |
| Operating Expenses Qtr Cr | 8,684 | 8,160 | 8,362 | 8,117 | 7,561 | 7,224 |
| Operating Profit Qtr Cr | 1,460 | 1,359 | 1,362 | 1,328 | 1,206 | 1,083 |
| Depreciation Qtr Cr | 193 | 185 | 183 | 175 | 169 | 169 |
| Interest Qtr Cr | 5 | 5 | 5 | 5 | 5 | 5 |
| Tax Qtr Cr | 371 | 334 | 344 | 343 | 270 | 288 |
| Net Profit Qtr Cr | 1,123 | 1,016 | 1,073 | 1,054 | 825 | 859 |
Hero MotoCorp Technicals
EMA & SMA
- Bullish Moving Average
- ___
- 0
- Bearish Moving Average
- ___
- 16
- 20 Day
- ₹4,996.55
- 50 Day
- ₹5,244.15
- 100 Day
- ₹5,274.49
- 200 Day
- ₹4,990.86
- 20 Day
- ₹4,985.16
- 50 Day
- ₹5,450.88
- 100 Day
- ₹5,430.57
- 200 Day
- ₹5,110.67
Hero MotoCorp Resistance and Support
| Resistance | |
|---|---|
| First Resistance | 4,779.33 |
| Second Resistance | 4,834.47 |
| Third Resistance | 4,872.73 |
| RSI | 29.68 |
| MFI | 29.57 |
| MACD Single Line | -190.14 |
| MACD | -195.06 |
| Support | |
|---|---|
| First Support | 4,685.93 |
| Second Support | 4,647.67 |
| Third Supoort | 4,592.53 |
Hero MotoCorp Delivery and Volume
| Period | NSE + BSE Volume Avg | NSE + BSE Delivery Volume Avg | NSE + BSE Delivery Volume % |
|---|---|---|---|
| Day | 315,277 | 15,691,336 | 49.77 |
| Week | 415,922 | 19,951,788 | 47.97 |
| 1 Month | 656,763 | 29,422,972 | 44.8 |
| 6 Month | 739,580 | 34,708,512 | 46.93 |
Hero MotoCorp Result Highlights
Hero MotoCorp Synopsis
NSE-Auto Manufacturers
Hero MotoCorp Ltd. is a leading global manufacturer of motorcycles and scooters, with a strong presence in India and expanding reach in Asia, Africa, and Latin America. The company operates 8 manufacturing facilities, strategically located in India, Bangladesh, and Colombia. It offers a diverse product lineup, including commuter bikes, sports bikes, and scooters, catering to a wide range of customers from daily commuters to recreational riders. The company focuses on fuel efficiency, innovative design, and affordable pricing, making its two-wheelers popular in both urban and rural markets. Hero MotoCorp continues to explore electric mobility solutions to meet evolving consumer preferences.| Market Cap | 94,475 |
| Sales | 38,832 |
| Shares in Float | 13.00 |
| No of funds | 1063 |
| Yield | 2.43 |
| Book Value | 5.25 |
| U/D Vol ratio | 0.9 |
| LTDebt / Equity | |
| Alpha | 0.12 |
| Beta | 0.61 |
Hero MotoCorp Shareholding Pattern
| Owner Name | Sep-24 | Jun-24 | Mar-24 | Dec-23 |
|---|---|---|---|---|
| Promoters | 34.75% | 34.76% | 34.76% | 34.76% |
| Mutual Funds | 14.57% | 13.75% | 14.02% | 13.73% |
| Insurance Companies | 2.34% | 2.28% | 2.1% | 2.27% |
| Foreign Portfolio Investors | 29.59% | 29.87% | 28.93% | 28.34% |
| Financial Institutions/ Banks | 0.1% | 0.01% | 0.01% | 0.08% |
| Individual Investors | 6.89% | 6.7% | 6.71% | 6.64% |
| Others | 11.76% | 12.63% | 13.47% | 14.18% |
Hero MotoCorp Management
| Name | Designation |
|---|---|
| Dr. Pawan Munjal | Executive Chairman |
| Mr. Vikram S Kasbekar | Executive 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 |
|---|---|---|
| 2024-11-14 | Quarterly Results | |
| 2024-08-13 | Quarterly Results | |
| 2024-05-08 | Audited Results & Final Dividend | |
| 2024-02-09 | Quarterly Results & Interim Dividend | |
| 2023-11-01 | Quarterly Results |
| Date | Purpose | Remarks |
|---|---|---|
| 2024-02-21 | INTERIM | Rs.75.00 per share(3750%)Interim Dividend |
| 2024-02-21 | SPECIAL | Rs.25.00 per share(1250%)Special Dividend |
| 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 |
Hero MotoCorp FAQs
What is Share Price of Hero MotoCorp ?
Hero MotoCorp share price is ₹4,578 As on 13 November, 2024 | 11:42
What is the Market Cap of Hero MotoCorp ?
The Market Cap of Hero MotoCorp is ₹91567.9 Cr As on 13 November, 2024 | 11:42
What is the P/E ratio of Hero MotoCorp ?
The P/E ratio of Hero MotoCorp is 22.4 As on 13 November, 2024 | 11:42
What is the PB ratio of Hero MotoCorp ?
The PB ratio of Hero MotoCorp is 5.1 As on 13 November, 2024 | 11:42
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 with 5paisa 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.
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