|
12 Sep 2025 |
Hero MotoCorp
|
Consensus Share Price Target
|
5301.50 |
5106.40 |
- |
-3.68 |
buy
|
|
|
|
|
13 Jun 2023
|
Hero MotoCorp
|
Prabhudas Lilladhar
|
5301.50
|
3200.00
|
2952.45
(79.56%)
|
Target met |
Buy
|
|
|
|
|
12 Jun 2023
|
Hero MotoCorp
|
Motilal Oswal
|
5301.50
|
3500.00
|
2930.40
(80.91%)
|
Target met |
Buy
|
|
|
|
|
12 Jun 2023
|
Hero MotoCorp
|
ICICI Securities Limited
|
5301.50
|
3133.00
|
2930.40
(80.91%)
|
Target met |
Accumulate
|
|
|
We interacted with Hero MotoCorp (HMCL) senior management to understand the company’s business outlook and strategy. Following are the key takeaways: 1) HMCL is looking forward to an all-inclusive growth with focus towards its core rural portfolio along with mid/upper-end premium models, EVs and exports.
|
|
11 May 2023
|
Hero MotoCorp
|
Geojit BNP Paribas
|
5301.50
|
2795.00
|
2585.45
(105.05%)
|
Target met |
Hold
|
|
|
|
|
09 May 2023
|
Hero MotoCorp
|
Sharekhan
|
5301.50
|
3006.00
|
2591.55
(104.57%)
|
Target met |
Buy
|
|
|
|
|
08 May 2023
|
Hero MotoCorp
|
Prabhudas Lilladhar
|
5301.50
|
3200.00
|
2576.35
(105.78%)
|
Target met |
Buy
|
|
|
|
|
08 May 2023
|
Hero MotoCorp
|
Axis Direct
|
5301.50
|
2900.00
|
2576.35
(105.78%)
|
Target met |
Buy
|
|
|
With an inexpensive valuation, the renewed focus on market share gains amidst 2W upcycle, and a healthy dividend yield (~5%), we foresee potential upside for the stock. We revise our rating to BUY from HOLD. Alternate Stock Idea: Besides Hero, we also like Bajaj Auto and TVS.
|
|
06 May 2023
|
Hero MotoCorp
|
ICICI Securities Limited
|
5301.50
|
2912.00
|
2547.25
(108.13%)
|
Target met |
Accumulate
|
|
|
Hero MotoCorp’s (HMCL) Q4FY23 EBITDA margin was up 153bps QoQ at 13% (consensus: 11.9%). The beat was driven by 144bps QoQ rise in gross margin due to lower commodity costs and savings from LEAP programme.
|
|
06 May 2023
|
Hero MotoCorp
|
ICICI Direct
|
5301.50
|
2840.00
|
2547.25
(108.13%)
|
Target met |
Hold
|
|
|
|
|
05 May 2023
|
Hero MotoCorp
|
Sharekhan
|
5301.50
|
3006.00
|
2576.35
(105.78%)
|
Target met |
Buy
|
|
|
|