Thursday, May 27, 2021

HEROMOTOCO | Stock Analysis And Price Outlook

   

Hero Motocorp Ltd.

Stock Price: 2972


 Hero MotoCorp Limited designs, develops, manufactures, assembles, and sells vehicles in India. It offers motorcycles and scooters. The company also provides engines, as well as related parts and accessories. It also exports its products to countries in Asia, Africa, the Middle East, and the South and Central America. Hero MotoCorp Limited has a strategic partnership with Gogoro Inc. 



Nature ➽  Stock with good financial performance alongside good to expensive valuation, but lacks price momentum as suggested by technical indicators


Key  Summary

Promoters holding remains unchanged at 34.76% in Mar 2021 qtr

Mutual Funds have decreased holdings from 5.91% to 4.65% in Mar 2021 qtr

Number of MF schemes decreased from 35 to 32 in Mar 2021 qtr

FII/FPI have increased holdings from 35.89% to 37.19% in Mar 2021 qtr.

Number of FII/FPI investors decreased from 979 to 974 in Mar 2021 qtr

Institutional Investors have decreased holdings from 55.87% to 55.86% in Mar 2021 qtr


Financial Data Highlights

Market Cap59231.74
Book Value/ Share771.748
Enterprise Value6781.41
Revenue TTM30959.19
Gross Profit TTM9215.58
Revenue /Share TTM1549.90


Technical Chart & Price Outlook

heromotoco , finvestonline.com



Stock is Mid Range compared to Short, Medium and Long Term Moving Averages
Hold and accumulate for the levels of  3244 in short term , 3491 in mid term and 3858 in the long term.


Recent Valuation Summary

Good quarterly growth in the recent results

Company with Low Debt

Company able to generate Net Cash - Improving Net Cash Flow for last 2 years

Book Value per share Improving for last 2 years

Company with Zero Promoter Pledge

FII / FPI or Institutions increasing their shareholding


Key Profit & Loss Data

Period31_Mar_2021Growth
Net Inc2917.7519.80 %
Ops Income3384.3913.73 %
Revenue30959.195.82 %
Ops Expense27574.8010.77 %
PBT3849.3216.52 %
Gross Profit9215.580.720 %
Div Paid-1918.300.988 %


Thanks for your Precious Time.


Finvest Online
Telegram  :  https://t.me/finvestonlineChat






Disclaime
r- The information on this blog are based on my personal opinion and experience, it should not be considered professional financial investment advice and in no way it should be considered as a tip. We does not take any compensation of any kind whatsoever from any reader,user and company that are mention on this website.We are not SEBI registered financial advisor or analyst.


No comments:

Post a Comment