|
23 Sep 2025 |
Hero MotoCorp
|
Consensus Share Price Target
|
5372.50 |
5222.49 |
- |
-2.79 |
buy
|
|
|
|
|
06 May 2023
|
Hero MotoCorp
|
ICICI Direct
|
5372.50
|
2840.00
|
2547.25
(110.91%)
|
Target met |
Hold
|
|
|
|
|
05 May 2023
|
Hero MotoCorp
|
Sharekhan
|
5372.50
|
3006.00
|
2576.35
(108.53%)
|
Target met |
Buy
|
|
|
|
|
16 Mar 2023
|
Hero MotoCorp
|
Anand Rathi
|
5372.50
|
2855.00
|
2370.95
(126.60%)
|
Target met |
Buy
|
|
|
|
|
10 Feb 2023
|
Hero MotoCorp
|
Geojit BNP Paribas
|
5372.50
|
2755.00
|
2583.30
(107.97%)
|
Target met |
Hold
|
|
|
|
|
09 Feb 2023
|
Hero MotoCorp
|
ICICI Securities Limited
|
5372.50
|
2940.00
|
2559.20
(109.93%)
|
Target met |
Accumulate
|
|
|
Hero MotoCorp’s (HMCL) Q3FY23 EBITDA margin, at 11.5%, flat QoQ, (including 70bps impact of EV launch and festive season offers) was largely in line with our estimates. Gross margin expanded by 250bps QoQ led by a combination of price hikes and commodity price decline, though this gain was fully balanced by adverse operating leverage through 13% QoQ decline in volumes.
|
|
09 Feb 2023
|
Hero MotoCorp
|
Axis Direct
|
5372.50
|
2790.00
|
2559.20
(109.93%)
|
Target met |
Hold
|
|
|
Recommendation: We continue to maintain the HOLD rating as the company braces through the execution of its EV launch and product premiumization.
|
|
08 Feb 2023
|
Hero MotoCorp
|
LKP Securities
|
5372.50
|
3212.00
|
2614.65
(105.48%)
|
Target met |
Buy
|
|
|
|
|
08 Feb 2023
|
Hero MotoCorp
|
ICICI Direct
|
5372.50
|
2770.00
|
2614.65
(105.48%)
|
Target met |
Hold
|
|
|
|
|
08 Feb 2023
|
Hero MotoCorp
|
Motilal Oswal
|
5372.50
|
3100.00
|
2614.65
(105.48%)
|
Target met |
Buy
|
|
|
|
|
08 Feb 2023
|
Hero MotoCorp
|
SMC online
|
5372.50
|
|
2614.65
(105.48%)
|
|
Results Update
|
|
|
|