NSE: HEROMOTOCO | BSE: 500182

Strong Performer, Getting Expensive

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5432.50 -40.00 (-0.73%)

High vol. this week

NSE 01 Oct, 2025 3:31 PM (IST)

108,686.9

Market Cap

Above industry Median

1.0

Beta 1Year

Average volatility

Bulk Deal

BNP Paribas buys 19.5 lakh shares in Hero MotoCorp for Rs 1,035 crore through a bulk deal See details

Hero MotoCorp Ltd. share price target and research reports

Latest analyst research reports with target prices and PDF download for HEROMOTOCO, BSE:500182 Hero MotoCorp Ltd.

Hero MotoCorp Ltd.

04 May 2022

5432.50

-0.73%

HERO MOTOCORP LTD.

Buy: Hero MotoCorp Ltd.

Target

Prabhudas Lilladhar

Hero MotoCorp Ltd. has gained 45.92% in the last 6 Months

Hero MotoCorp Ltd.

04 May 2022

5432.50

-0.73%

Hero MotoCorp

Hold: Hero MotoCorp Ltd.

ICICI Direct

Hero MotoCorp Ltd. average weekly volume is high.

Hero MotoCorp Ltd.

14 Mar 2022

5432.50

-0.73%

Hero MotoCorp

Hold: Hero MotoCorp Ltd.

Target

ICICI Securities Limited

Resurfaced chip availability concerns amid geopolitical issues Russia is the largest producer (~40% share in global production) of rare earth metal palladium, which is used in manufacturing of semiconductor. Further Ukraine is the largest producer of neon gas, which is another important component for semiconductor (chip) manufacturing. Therefore, any supply chain disruption of these critical raw materials in this space would impact the availability of chips, resulting in an adverse impact on OEM volumes and associated productivity. Rise in Brent crude to impact margins as well as demand...

Hero MotoCorp Ltd. has an average target of 5396.12 from 8 brokers.

Hero MotoCorp Ltd.

16 Feb 2022

5432.50

-0.73%

HERO MOTOCORP LIMITED

Hold: Hero MotoCorp Ltd.

Recommendation Target

Geojit BNP Paribas

Hero MotoCorp 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 7 manufacturing facilities,...

Hero MotoCorp Ltd. has gained 28.21% in the last 3 Months

Hero MotoCorp Ltd.

14 Feb 2022

5432.50

-0.73%

Hero MotoCorp Limited

Hero MotoCorp Ltd.

SMC online

Operating profit margin has declined from 14.73% to 12.27%, leading to 32.09% decline in operating profit to Rs 983.10 crore. Raw material cost as a % of total sales (net of stock adjustments) decreased from 70.50% to 70.11%. Employee cost increased from 5.34% to 6.71%. Other expenses rose from 9.62% to 10.58%. Other income fell 41.52% to Rs 120.22...

Hero MotoCorp Ltd. average weekly volume is high.

Hero MotoCorp Ltd.

14 Feb 2022

5432.50

-0.73%

HERO MOTOCORP LTD.

Buy: Hero MotoCorp Ltd.

Target

Prabhudas Lilladhar

Hero's 3QFY22 EBITDA margin at 12.2% surprised positively and came ahead of our estimates (of 11.8%). This was led by premiumization, multiple price hikes over the year, focus on cost savings program and higher spares revenue (15% of sales vs 10% YoY). Management expects 2W industry to rebound in FY23 as colleges and other industries open-up, fear of COVID resides and expectation of good Rabi crop & commodity cost eases out. For EV business, the company will leverage its existing strengths (logistics, manufacturing etc.) and e-scooter will be launched in Mar-22....

Hero MotoCorp Ltd. has gained 45.92% in the last 6 Months

Hero MotoCorp Ltd.

14 Feb 2022

5432.50

-0.73%

Result Update:Hero Motocorp

Buy: Hero MotoCorp Ltd.

Target

Axis Direct

We value the stock at 15x FY24E EPS, implying a 16% upside from the CMP.

Hero MotoCorp Ltd. has gained 28.21% in the last 3 Months

Hero MotoCorp Ltd.

11 Feb 2022

5432.50

-0.73%

Hero MotoCorp

Hold: Hero MotoCorp Ltd.

Target

ICICI Securities Limited

What should investors do? HMCL's share price has lagged the Nifty Auto Index in the past five years, de-growing at 5.6% CAGR from ~| 3,266 levels in February 2017. We retain HOLD rating amid slower than anticipated volume recovery and...

Hero MotoCorp Ltd. has gained 45.92% in the last 6 Months

Hero MotoCorp Ltd.

22 Nov 2021

5432.50

-0.73%

HERO MOTOCORP LIMITED

Buy: Hero MotoCorp Ltd.

Recommendation Target

Geojit BNP Paribas

Hero MotoCorp Ltd. has an average target of 5396.12 from 8 brokers.

Hero MotoCorp Ltd.

15 Nov 2021

5432.50

-0.73%

Hero MotoCorp: Q2FY22 Result Review

Buy: Hero MotoCorp Ltd.

Recommendation Target

IDBI Capital

Hero Motocorp (HMCL) Q2FY22 results were above our expectations on all counts due to higher sales and operating margins. In the medium term, Management remains positive on volume growth front due to a) rural economic recovery on account of well spread Monsoon across the country and b) opening up of distribution network in urban areas. The Company has lined up huge investments and new product launches in EV segment over next few years. To factor in changing business environment, we have revised our volume and PAT estimates downwards by 10.9%/9.8% and 16.4%/12.4% for FY22 and FY23 respectively. We have also introduced FY24 estimates wherein the...

Hero MotoCorp Ltd. average weekly volume is high.

Is Hero MotoCorp Ltd. worth buying?

708 Votes:

Buy 77.4%

Sell 13.84%

Hold 8.76%

RESEARCH REPORTS

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