NSE: HEROMOTOCO Share Price Financial Analysis & Valuation

Hero MotoCorp Ltd. is a most liquid value blue chip company and also listed in TOP 20 Valuation Picks of NSE. HEROMOTOCO is having low PE (Price to Earning), low PB (Price to Book) and high DY (Dividend Yield).

Hero MotoCorp Ltd. is a Good Quality Stock as it is listed in as TOP 50 Quality Picks by NSE. HEROMOTOCO is having very good return on equity (ROE), financial leverage (Debt/Equity Ratio) and earning (EPS) growth variability analysed during the previous 5 years.

Hero MotoCorp Ltd. is also traded in Future & Options (Derivative segment of NSE).

Hero MotoCorp Ltd. is a high yielding company listed on NSE while meeting growth and stability requirements. HEROMOTOCO is also listed in Top 50 NIFTY Dividend Opportunities Company List.

In the past 1 year, Hero MotoCorp Ltd. has declared an equity dividend of Rs 100 per share. At the current share price of HEROMOTOCO at Rs 4552.75, this results in a dividend yield of 2.2 %.

As per the Fundamental Analysis of NSE:HEROMOTOCO, which uses revenues, earnings, future growth, financial ratios, return on equity, profit margins, and other data to determine HEROMOTOCO underlying value and future prospects. All of this data is available in HEROMOTOCO financial statements.

Quality of the Stock: As per the fundamental analysis of NSE:HEROMOTOCO, it is clearly understood that HEROMOTOCO is Standard performer in terms of earnings and profit margins with an EPS of 190.62. NSE:HEROMOTOCO book value per share as of today is 835.58. The current price to book ratio for HEROMOTOCO as of May 03, 2024 is 5.45.

Valuation of the Stock: The current valuation of HEROMOTOCO stock is like Silver which means currently the stock is at Premium. Now, it's totally depends upon the risk appetite of an investor and risk-reward ratio of HEROMOTOCO whether to BUY this stock at current valuation. The delivery percentage of HEROMOTOCO is 35.45% is very crucial parameter which shows that 35.45% investors are anticipating that the price of HEROMOTOCO share should go up with VWAP at 4549.85.

Now, the main question is whether to BUY or SELL, NSE:HEROMOTOCO at current valuation.
As per latest Analysis No. #947:-

⇑ STRONG BUY HEROMOTOCO if All Greens

⇗ BUY HEROMOTOCO (at Lower Levels) if any 2 Greens

⇒ NEUTRAL or HOLD HEROMOTOCO (With Stop Loss) if only 1 Green

⇘ SELL HEROMOTOCO if NO Green Indicator

NSE: HEROMOTOCO Share Price Today (May 03, 2024)

(Hero MotoCorp Ltd. Daily Analysis on the basis of HEROMOTOCO Intraday Graph & Trend)

Hero MotoCorp Ltd. share price moved Down by -0.19% from its previous close of Rs 4561.5. HEROMOTOCO stock last traded price is 4552.75. HEROMOTOCO share price trend is Down with a total of 347594 stocks traded till now. It has touched an intraday high of Rs 4579.95 and an intraday low of Rs 4516.85. The HEROMOTOCO trading at 4552.75, Down by Rs. -8.75, or -0.19 percent which suggests that most of the Traders are anticipating that the price of HEROMOTOCO share should go Down.

NSE: HEROMOTOCO Share Price Tomorrow Prediction

(Hero MotoCorp Ltd. Share Price Prediction for Tomorrow & future forecast is based on Current Trend of HEROMOTOCO)

Hero MotoCorp Ltd. share price moved Down by -0.19%. HEROMOTOCO share price short term trend is Down. It suggests that HEROMOTOCO Share Price for Tomorrow remains the same with VWAP at 4549.85 will be treated as stop loss for intraday traders. Hero MotoCorp Ltd. Long term investors can follow the HEROMOTOCO long term trend as mentiond in future forecast table.

NSE:HEROMOTOCO News & Other Useful Information about HEROMOTOCO Share Price

Peer Comparison of NSE: HEROMOTOCO

The Peers list includes companies operating in the same industry and having comparable market cap.

Sector: Auto - 2 & 3 Wheelers