Hero MotoCorp Ltd. News and Updates

Name: Latest research reports of Hero MotoCorp Ltd. authored by ICICI Securities Limited and published by - Trendlyne research reports.
Item: Hero MotoCorp Ltd.
Rating: 5
Author: ICICI Securities Limited

Keep track of all breaking news on Hero MotoCorp Ltd. from all sources in a single place.

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Hero MotoCorp Ltd.

07 Feb 2020

5370.50

-1.09%

Hero MotoCorp

Buy: Hero MotoCorp Ltd.

Target

ICICI Securities Limited

In the run up to the BS-VI changeover, pricing of products launched by 2-W OEMs thus far including HMCL have surprised us negatively. As against our expectation of ~10% price increase, actuals have tended to range between 13-15% on average. This, we believe, adds further pressure to a price sensitive market segment which is already suffering from subdued buyer sentiment given reduced propensity to spend and cost increase for safety features and upfront insurance. The domestic 2-W industry has registered 15.8% YoY 9MFY20 volume drop. While retail performance has improved in...

Hero MotoCorp Ltd. has gained 47.99% in the last 6 Months

Hero MotoCorp Ltd.

07 Feb 2020

5370.50

-1.09%

Hero MotoCorp (REDUCE): Decent Q3 but outlook challenging

Sell: Hero MotoCorp Ltd.

Recommendation Target

BOB Capital Markets Ltd.

Hero Moto (HMCL) posted an operational beat in Q3FY20 led by healthy gross margins.

Axis Direct increased Buy price target of Hero MotoCorp Ltd. to 5960.0 on 05 Sep, 2025.

Hero MotoCorp Ltd.

03 Feb 2020

5370.50

-1.09%

Hero MotoCorp share price dips 3% on weak January sales

Moneycontrol

The company sold 488,069 vehicles in the domestic market in January 2020 against 569,866 vehicles in January 2019.

Axis Direct increased Buy price target of Hero MotoCorp Ltd. to 5960.0 on 05 Sep, 2025.

Hero MotoCorp Ltd.

01 Feb 2020

5370.50

-1.09%

Hero MotoCorp total sales in January decline 13.9% to 501,622 units

Business Standard

The company had sold 5,82,660 units in the year-ago period, the two wheeler major said in a statement.

Hero MotoCorp Ltd. has gained 47.99% in the last 6 Months

Hero MotoCorp Ltd.

29 Jan 2020

5370.50

-1.09%

Hero MotoCorp commences dispatching BS-VI compliant scooter model

Moneycontrol

The scooter in BS-VI avatar is priced at Rs 54,800 for self-start sheet wheel and Rs 56,800 for self-start alloy wheel trim.

Hero MotoCorp Ltd. is trading above all available SMAs

Back on EV trail, Hero MotoCorp set to launch Duet

Moneycontrol | 29 Jan 2020

Hero MotoCorp Ltd.

24 Jan 2020

5370.50

-1.09%

Stock ideas from Prabhudas Lilladher: Buy Pidilite, Hero MotoCorp

Business Standard

Hero MotoCorp has made another higher bottom formation pattern in the daily chart to imply strength and potential to rise further to give a breakout above the previous peak of 2,480