Hero MotoCorp Ltd (HEROMOTOCO)
₹2309.65
Hero MotoCorp Ltd Performance
| Returns % | |
| 1 Month Return | -5.1 % |
| 3 Month Return | -14.39 % |
| 1 Year Return | -2.72 % |
Analyst Rating
based on 39 analysts
Based on 39 analysts offering long term price targets for Hero MotoCorp Ltd. An average target of ₹2901.05
Source: S&P Global Market Intelligence
Hero MotoCorp Ltd Price Movements
Hero Moto rose marginally on 23 Mar, 2023
Hero Moto share price increased marginally amid reports of the company raising prices of its vehicles by at least 2% from April 1, 2023.
Hero Moto fell marginally on 16 Mar, 2023
Hero Moto share price moved marginally lower amid a wider fall in auto stocks. Recently, the company's management indicated plans to double sales of electric two wheelers.
Hero Motocorp gained 1% on 06 Mar, 2023
Hero Motocorp share price increased after the automaker announced a partnership with US based Zero Motorcycles to collaborate on premium electric motorcycles.
Hero Motocorp gained 1% on 10 Feb, 2023
Hero Motocorp share price rose, driven by indication of launch of new affordable electric scooters.
Hero Motocorp declined 2% on 09 Feb, 2023
Hero Motocorp share price continued to decrease as weak results for the Oct-Dec 22 period marked by slow demand hurt.
Hero Motocorp declined 1% on 08 Feb, 2023
Hero Motocorp share price decreased after the company reported modest yearly rise in profits for the Oct-Dec 22 period amid weak demand.
Hero Motocorp declined 2% on 07 Feb, 2023
Hero Motocorp share price fell as analysts anticipate weak results for the Oct-Dec 22 period due to muted demand.
Hero MotoCorp Ltd Valuation
Hero MotoCorp Ltd in the last 5 years
Lowest (8.10x)
March 30, 2020
Today (17.67x)
March 24, 2023
Highest (27.10x)
February 17, 2021
17.67x
Price to Earnings TTM Ratio
Insights on Hero MotoCorp Ltd
Insights help you understand the recent movement of the company's critical parameters, giving you an overall view of the company.
POSITIVE IMPACTProfit Spike
Netprofit is up for the last 3 quarters, 590.37Cr → 726.03Cr (in ₹), with an average increase of 9.7% per quarter
- POSITIVE IMPACT
MF Holding Up
Mutual Funds have increased holdings from 10.98% to 11.07% in Dec 2022 quarter
NO EFFECTAgainst Peers
In the last 1 year, Mahindra & Mahindra Ltd has given 50.5% return, outperforming this stock by 53.2%
- NO EFFECT
Against Peers
In the last 3 years, Tata Motors Ltd has given 489.1% return, outperforming this stock by 449.9%
NEGATIVE IMPACTFII Holding Down
Foreign Institutions have decreased holdings from 27.78% to 27.47% in Dec 2022 quarter
- NEGATIVE IMPACT
Retail Holding Down
Retail Investor have decreased holdings from 10.54% to 10.45% in Dec 2022 quarter
- NEGATIVE IMPACT
Promoter Holding Down
Promoters have decreased holdings from 34.78% to 34.77% in Dec 2022 quarter
- NEGATIVE IMPACT
Price Dip
In the last 2 years, HEROMOTOCO stock has moved down by -21.3%
- NEGATIVE IMPACT
Revenue Fall
Revenue is down for the last 2 quarters, 9.25KCr → 8.38KCr (in ₹), with an average decrease of 9.4% per quarter
Hero MotoCorp Ltd Peer Comparison
Company | Alpha | Beta | 1W Returns | 1M Returns | 3M Returns | 6M Returns | 1Y Returns | 3Y Returns | 5Y Returns |
|---|---|---|---|---|---|---|---|---|---|
| -2.48 | 0.70 | -1.11% | -5.1% | -14.39% | -12.31% | -2.72% | 39.26% | -33.23% |
 | 24.40 | 0.97 | -1.44% | -7.07% | -9.13% | -18.51% | 22.25% | 103.19% | 2.36% |
 | 8.42 | 0.60 | 0.6% | 5.17% | 6.6% | 8.07% | 3.8% | 86.41% | 36.79% |
 | 72.73 | 0.83 | 0.02% | -3.98% | -0.2% | 0.69% | 71.55% | 242.82% | 68.87% |
Hero MotoCorp Ltd Shareholding Pattern
| Investors | Holdings % | Prev. 4 periods | 3M change |
|---|---|---|---|
| Promoter Holdings | 34.77% | 0.00 | |
| Foreign Institutions | 27.47% | ||
| Mutual Funds | 11.07% | 0.80 | |
| Retail Investors | 10.45% | ||
| Others | 16.23% | 1.98 |
QnA on Hero MotoCorp Ltd
- QuestionAsked on: 09 Mar, 2023
Hero MotoCorp did a deal with which US-based premium EV maker to manufacture the premium electric motorcycles in India?
QnA Result : 10 Mar, 2023
1730 people participated in the quizHero MotoCorp had entered into an agreement with US-based manufacturer of premium electric motorcycles and powertrains, Zero Motorcycles to collaborate on premium electric motorcycles.
67.80% of INDmoney users answered correctly
Zero Motorcycles67.80%
Tesla13.99%Damon Motors18.21% - QuestionAsked on: 11 Feb, 2023
In the December 2022 quarter, Hero Motocorp's net profit increased 2.4% over the previous year to Rs 721.24 crore. Has it announced any dividend?
QnA Result : 12 Feb, 20231807 people participated in the quizHero Motocorp has declared a dividend of Rs 65 per share while announcing Dec 2022 quarter's earnings.
68.79% of INDmoney users answered correctly
No11.46%Yes, Rs 65 per share68.79%Yes, Rs 7 per share19.76% - QuestionAsked on: 09 Feb, 2023
Which of the following companies is the largest player in India's electric two-wheeler industry?
QnA Result : 10 Feb, 20232508 people participated in the quizOla Electric became the the largest player in the fast-growing electric two-wheeler industry in 2022, selling over 100,000 vehicles.
56.38% of INDmoney users answered correctly
Ola Electric56.38%Hero Electric35.81%Okinawa7.81%
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26 Mar, 2023 07:33 PMCorporate Announcements
Hero MotoCorp Ltd Earnings Results
Hero MotoCorp Ltd’s net profit jumped 3.17% since last year same period to ₹726.03Cr in the Q3 2022-2023. On a quarterly growth basis, Hero MotoCorp Ltd has generated 5.46% jump in its net profits since last 3-months.
Read MoreHero MotoCorp Ltd Dividends February,2023
In the quarter ending March 2023, Hero MotoCorp Ltd has declared dividend of ₹65 - translating a dividend yield of 6.92%.
Read More
Hero MotoCorp Ltd Company Information
Hero MotoCorp’s operations are primarily focused on the design, development, manufacture and sale of motorcycles and scooters. It also provides related services such as finance, insurance, and after-sales services. Its product portfolio includes a range of motorcycles and scooters, with its top-selling models being the Splendor, Passion, HF Deluxe, and Glamour.
The company also owns several popular brands, such as Hero, Hero Xtreme, Hero Maestro, Hero Pleasure, and Hero Duet. It also has a tie-up with American motorcycle manufacturer, Harley-Davidson, to bring the Harley-Davidson Street 750 to India.
Hero MotoCorp is committed to providing quality and innovative products and services to its customers. It has a strong presence in the Indian two-wheeler market and is one of the most trusted and recognizable two-wheeler brands in the country.
Hero MotoCorp Ltd Share Price: ₹2309.65 per share as on 27 Mar, 2023 03:07 PM
Hero MotoCorp Ltd Market Capitalisation: ₹53,039.99Cr as of today
Hero MotoCorp Ltd Revenue: ₹8,383.31Cr as on December 2022 (Q4 22)
Hero MotoCorp Ltd Net Profit: ₹726.03Cr as on December 2022 (Q4 22)
Hero MotoCorp Ltd Listing date: 01 Apr, 1988
Hero MotoCorp Ltd Chairperson Name: Pawan Munjal
| Organisation | Hero MotoCorp Ltd |
| Headquarters | New Delhi |
| Industry | Automobile |
| E-voting on shares | Click here to vote |
Frequently Asked Questions
Hero MotoCorp Ltd(HEROMOTOCO) share price today is ₹2309.65 (last updated 27 Mar, 2023 at 03:07 PM)
- Today’s highest price of Hero MotoCorp Ltd(HEROMOTOCO) is ₹2311.55.
- Today’s lowest price of Hero MotoCorp Ltd(HEROMOTOCO) is ₹2309.50.
- (last updated 27 Mar, 2023 at 03:07 PM)
| Hero MotoCorp Ltd(HEROMOTOCO) | Price |
|---|---|
| 52 Week High | ₹2938.60 |
| 52 Week Low | ₹2154.05 |
| Hero MotoCorp Ltd(HEROMOTOCO) | Returns (%) |
|---|---|
| 1 Day Returns | -0.16% |
| 1 Month Returns | -5.10% |
| 1 Year Returns | -2.72% |
| 3 Year Returns | 39.26% |
| 5 Year Returns | -33.23% |