Hero MotoCorp Ltd.    
05 Oct 2020
2897.95
-6.85%
buy
Axis Direct
Hero Motocorp Ltd (HMCL) is the market leader in the 2W industry with a market share of ~39% (as of Aug 2021). Hero is present in both the motorcycles and the scooter segments, having market share of about ~53% and ~10%, respectively.
Hero MotoCorp Ltd. is trading at high volume of 4.2M with price loss of -6.85.
Hero MotoCorp Ltd.    
23 Sep 2020
2897.95
-6.85%
ICICI Securities Limited
Seminal year for industry provides interesting insights However, amid all the gloom, the engineering and production prowess of the industry (along with its value chain) shone brightly as it successfully completed the world's fastest switchover to Euro 6 equivalent emission norms i.e. BS-VI as per schedule. Much of the post festive period was focused on the transition, with the entire ecosystem estimated to have spent ~| 70,000 crore towards the technological leap. Covid-19 crisis struck India in the run up to April 2020, just as the changeover...
Hero MotoCorp Ltd. has gained 55.39% in the last 6 Months
Hero MotoCorp Ltd.    
17 Sep 2020
2897.95
-6.85%
Motilal Oswal
It has the best positioned portfolio, with HF Deluxe in the Economy segment, Splendor in Executive 100cc, and Super Splendor / Glamour in Executive 125cc, covering all the price points with multiple variants. With an apt product portfolio for the rural market, the highest brand value, and a strong distribution network, Hero is best placed to benefit from low penetration and ongoing momentum in the rural economy. HMCLs market share in Executive 100cc was at ~87% in FY20 (v/s 84% in FY19), and with the launch of the new Passion, it has gained further market share to 90% in FY21YTD. HMCLs market share declined by 700bp to ~51% in FY20 in the 125cc segment post the launch of the Bajaj Pulsar 125. However, post the launch of the new Super Splendor and Glamour, it regained market share by 225bps FY21YTD.
Hero MotoCorp Ltd. is trading below it's 30 day SMA of 3143.0
Hero MotoCorp Ltd.    
04 Sep 2020
2897.95
-6.85%
Axis Direct
We continue to prefer Hero MotoCorp Ltd on the back of robust rural & semi urban demand, downtrading trend and preference for entry level motorcycles (Hero being the market leader), along with a shift in preference for Personal mobility.
Hero MotoCorp Ltd. has an average target of 3051.12 from 18 brokers.
Hero MotoCorp Ltd.    
28 Aug 2020
2897.95
-6.85%
Axis Direct
We are initiating coverage on Hero Motocorp Ltd (Hero) with a BUY rating and a Target Price of Rs 3,450, which implies ~10% upside from the current levels.
Hero MotoCorp Ltd. has gained 55.39% in the last 6 Months
Hero MotoCorp Ltd.    
18 Aug 2020
2897.95
-6.85%
buy
Sharekhan
Retail sales have been consistently improving on m-o-m basis. Early August trends also indicate improvement over July levels. Inventory is lower than normalised levels and Hero is ramping up...
Hero MotoCorp Ltd. is trading below it's 30 day SMA of 3143.0
Hero MotoCorp Ltd.    
18 Aug 2020
2897.95
-6.85%
SMC online
Hero MotoCorp reports 92% drop in Q1 PAT, misses estimates On a consolidated basis, the two-wheeler maker's net profit tumbled 95.3% to Rs 59.14 crore on a 63.7% decline in net sales to Rs 2,969.08 crore in Q1 FY21 over Q1 FY20. EBITDA fell 90.7% to Rs 108 crore in Q1 June 2020 from Rs 1,158 crore in Q1 June 2019. EBITDA margin was at 3.6% as on 30 June 2020 as compared to 14.4% as on 30 June 2019. Profit before tax in the June quarter stood at Rs 79.49 crore, down by 95.8% from Rs 1873.83...
Hero MotoCorp Ltd.'s price crossed below SMA50 today
Hero MotoCorp Ltd.    
18 Aug 2020
2897.95
-6.85%
Geojit BNP Paribas
Hero MotoCorp (HMCL) is India's leading two-wheeler manufacturer in terms of unit volume sales in a calendar year. It holds nearly 50% of the market share in the Indian motorcycle market. The company has eight...
Hero MotoCorp Ltd. is trading at high volume of 4.2M with price loss of -6.85.
Hero MotoCorp Ltd.    
17 Aug 2020
2897.95
-6.85%
Nirmal Bang Institutional
Hero MotoCorp (Hero) reported better-than-expected 1QFY21 net profit of Rs613mn, down 88% YoY, driven by better operating performance and lower tax expense. Reported EBITDA margin declined by 1080bps YoY to 3.6%. Lockdown period cost was Rs2.5bn. Adjusting for this, EBITDA margin was ~12%. Cash flow generated during 1QFY21 stood at over Rs10bn. As per the management, shift away from public transport and shared mobility towards personal mobility, strong recovery in rural and semi-urban markets and very good feedback on BS-VI products will be the key drivers of demand going forward. Leading indicators like eway bills and GST collections have reached ~85% of pre-covid level. Fertilizers & Tractor sales and kharif sowing data indicate strong rural recovery. Demand recovery, which started in June, hasn't seen a decline in July or August, which indicates that it is not just pent-up demand. Demand from bigger cities is still well...
Hero MotoCorp Ltd. has an average target of 3051.12 from 18 brokers.
Hero MotoCorp Ltd.    
16 Aug 2020
2897.95
-6.85%
buy
Sharekhan
Retail sales have been consistently improving on m-o-m basis. Early August trends also indicate improvement over July levels. Inventory is lower than normalised levels and Hero is ramping up...
Hero MotoCorp Ltd. is trading above it's 200 day SMA of 2476.5