|
12 Sep 2025 |
Hero MotoCorp
|
Consensus Share Price Target
|
5301.50 |
5106.40 |
- |
-3.68 |
buy
|
|
|
|
|
14 Feb 2024
|
Hero MotoCorp
|
SMC online
|
5301.50
|
|
4814.05
(10.13%)
|
|
Results Update
|
|
|
|
|
13 Feb 2024
|
Hero MotoCorp
|
BOB Capital Markets Ltd.
|
5301.50
|
4671.00
|
4744.80
(11.73%)
|
Target met |
Hold
|
|
|
AMBER: Persistent near-term challenges; cut to SELL. CPI and IIP: Still some pain points on inflation. Credit Composition: Study on personal loans. HMCL: Healthy quarter but positives priced in. TMX: Improving order outlook; maintain HOLD. BANDHAN: Recovery on track. IGL: Legacy UP, new GAs can offset slowdown, reiterate BUY. ZYWL: Seasonally weak quarter
|
|
12 Feb 2024
|
Hero MotoCorp
|
BOB Capital Markets Ltd.
|
5301.50
|
4671.00
|
4687.50
(13.10%)
|
Target met |
Hold
|
|
|
Q3 revenue grew 21% YoY steered by 17% growth in motorcycle volumes and 22% in scooters; realisations up 3%
|
|
12 Feb 2024
|
Hero MotoCorp
|
Axis Direct
|
5301.50
|
5550.00
|
4687.50
(13.10%)
|
Target met |
Buy
|
|
|
Market share gain through new launches, recovery in rural demand, and the performance of the EV portfolio remain critical. Our TP implies a 13% upside from the CMP and as a result, we maintain our BUY rating.
|
|
11 Feb 2024
|
Hero MotoCorp
|
Prabhudas Lilladhar
|
5301.50
|
5150.00
|
4908.85
(8.00%)
|
Target met |
Accumulate
|
|
|
|
|
07 Nov 2023
|
Hero MotoCorp
|
Geojit BNP Paribas
|
5301.50
|
3367.00
|
3130.25
(69.36%)
|
Target met |
Hold
|
|
|
|
|
03 Nov 2023
|
Hero MotoCorp
|
Axis Direct
|
5301.50
|
3370.00
|
3089.40
(71.60%)
|
Target met |
Buy
|
|
|
We have BUY on the stock
|
|
02 Nov 2023
|
Hero MotoCorp
|
SMC online
|
5301.50
|
|
3052.10
(73.70%)
|
|
Results Update
|
|
|
|
|
02 Nov 2023
|
Hero MotoCorp
|
ICICI Securities Limited
|
5301.50
|
3431.00
|
3052.10
(73.70%)
|
Target met |
Accumulate
|
|
|
Hero MotoCorp’s (HMCL) Q2FY24 EBITDA margin was up 260bps YoY/30bps QoQ, at 14.1%, driven by lower commodity costs, product mix and cost savings with margins for ICE business at ~15%. HMCL maintains its margin guidance of 14-16%, despite the rising scale of EVs in the quarters to come.
|
|
18 Sep 2023
|
Hero MotoCorp
|
Sharekhan
|
5301.50
|
3629.00
|
3061.85
(73.15%)
|
Target met |
Buy
|
|
|
|