Hero Motocorp Share Price: Stock Analysis, History, & Forecast

All About Hero MotorCorp Share Price

Investments in stocks are one of the best ways to make money. Any investor can utilize stocks to successfully achieve long-term financial goals with the help of a smart investing strategy and statistical assessments. Each investment involves some level of risk. India offers a variety of stock investment possibilities, but the challenge is choosing the correct one. Hero Motocorp is one such business that provides automobiles and their accessories. Once such a firm is Hero Motocorp, it makes sensible investments. Understand the Hero share price today and invest wisely.

This article includes a thorough study of the share price, business performance, and stock returns for 2022–2023 for Hero MotoCorp.

Hero Motocorp Share Price

The Heromotocorp share price as of January 27th, 2023, is Rs. 2,735.70. The Hero share price is down by Rs. 49.30, which is 1.77%.

You may understand more about the Hero MotoCorp share price from the table below.

Open Price Previous Close Volume Value
2,788.00 2,785.00 464,092 12,698.25

Examine the table below for details on the basics of the Hero Motocorp Share Price:

Parameter Values
Market Cap Rs. 54,259 Crore
EPS – TTM 132.80
P/E RATIO 20.44
FACE VALUE 2
LATEST DIVIDEND 1750.00
LATEST DIVIDEND DATE 27 JULY 2022
DIVIDEND YIELD 3.47
BOOK/VALUE/SHARE 822.31
P/B RATIO 3.30

Hero Motocorp Company Information

Hero Motocorp Ltd. is engaged in the manufacturing, marketing, development, distribution, and sale of two-wheelers along with their accessories and parts. Its primary product category ranges scooters, motorcycles, and their spare parts. The scooter product of Hero motocorp includes Destini 125 Bs6, New Maestro Edge 110, New Maestro Edge 125 Bs6, Pleasure + Xtec. The motorcycle product line of Hero Motocorp includes Glamour Xtec, New Glamour Xtec, Glamour Bs6, New Super Splendour, Passion Pro Bs6, Splendour + Bs6, Splendour Ismart Bs6, Super Splendour Bs6, Xpulse 200 Bs6, Xpulse 200 4v, Xpulse 200t, Xtreme 160r Bs6, Xtreme 200s. 

The accessory range of Hero Motocorp includes tank pads, step women, side grabs, seat covers, rim tapes, merchandise, knee pads, helmets, grip covers, fenders, engine guards, and bungee nets. Also, it has eight special manufacturing services, of which six are in India (Chittoor, Gurugram, Neemrana, Haridwar, Gujarat, and Dharuhera) and one each in Bangladesh and Colombia.

Hero Motocorp Share Price History

Hero Motocorp is one of the biggest manufacturers of two wheelers in the world. The company was incorporated in 1984 as a joint venture between Honda of Japan and Hero Cycles of India. Hero Motocorp raised a proposal to join the investment arm of its parent company, Hero Investment Private Limited, along with the automarketer. 

The decision turned into action 18 months post its split from the Hero Hona. It’s an Indian multinational two wheeler manufacturer company which is headquartered in New Delhi. The company has around 37.1 market share in India. According to the 2021 data, the company had a market cap of around ₹59,600 crore. 

The company introduced motorcycles in the 1980s that were well-known in India for their low cost and fuel economy. In today’s date the company has four manufacturing outlets such as Neemrana in Rajasthan, Haridwar in Uttarakhand, Gurgaon and Dharuhera in Haryana. 

Management of Hero Motocorp

The Hero motocorp management team, which has stimulated and established the status of the company, is listed below –

Name  Designation (Board of Directors)
Air Chief Marshal B S Dhanoa Ind. Non-Executive Director
Arun Jaura Chief Technology Officer
Bharatendu Kabi Head
Camille Tang Ind. Non-Executive Director
Dhiraj Kapoor Co. Secretary & Compl. Officer
Jagmohan Singh Raju Ind. Non-Executive Director
M Damodaran Ind. Non-Executive Director
Malo Le Masson Head
Mike Clarke Chief Operating Officer
Niranjan Gupta Chief Financial Officer
Pawan Munjal Chairman & CEO
Pradeep Dinodia Non Executive Director
Rajnish Kumar Ind. Non-Executive Director
Ram Kuppuswamy Chief Procurement Officer
Ranjivjit Singh Chief Growth Officer
Reema Jain Chief Information Officer
Sanjay Bhan Head
Suman Kant Munjal Non Executive Director
Suresh Jagirdar General Counsel
Vasudha Dinodia Non Executive Director
Tina Trikha Ind. Non-Executive Director
Swadesh Srivastava Head
Vikram S Kasbekar Executive Director

Hero Motocorp Company Location

Across the Union Territories and numerous Indian states, Hero Motocorp has multiple branches, which are listed below:

Office Type Address
Head Office Plot Number 2, The Grand PlazaNelson Mandela Rd., VasantKunjNew Delhi – IndiaPhone No. 1 – 91-11-46044220Phone No. 2 – N.A.FAX Number – 91-11-46044399Email – Secretarialho@Heromotocorp.Com
Development Centre Centre of Innovation and TechnologySPL -1 RIICO Indl AreaJaipur – IndiaFAX Number – N.A.Phone No. 1 – 91-0142-643000Phone No. 2 – N.A.Email – N.A.
Corporate Office 34 Community CentreBasant LokNew Delhi – IndiaFAX Number – 91-11-26143321/26143198Phone No. 1 – 91-11-46044100/26142451Phone No. 2 – N.A.Email – N.A.
Development Centre Hero Tech Center Germany GmbHKronstaudener Weg 1GermanyFAX Number – N.A.Phone No. 1 – N.A.Phone No. 2 – N.A.Email – N.A.
Factory Plant 37 KM StoneDelhi-Jaipur Highway Sector 33Gurgaon – IndiaFAX Number – 91-124-2373141-42Phone No. 1 – 91-124-2894200/2372123Phone No. 2 – N.A.Email – N.A.
Factory Plant P No 102 Halol (Exp) Indl EstVadodaraGodhra Highway Tal-KalPanchmahal – IndiaFAX Number – N.A.Phone No. 1 – 91-02675-229114Phone No. 2 – N.A.Email – N.A.
Factory Plant 69 KM StoneHighway of Delhi-Jaipur, DharuheraRewari – IndiaFAX Number – 91 1274-267018Phone No. 1 – 91 1274-264000Phone No. 2 – N.A.Email – N.A.
Factory Plant 1 Indl Park Madanapalem (Vill)Sathyavedu (Mandal)Chittoor – IndiaFAX Number – N.A.Phone No. 1 – N.A.Phone No. 2 – N.A.Email – N.A.
Factory Plant SP 104-107 RIICO Indl AreaPhIIDelhi-Jaipur Highway NeemranaAlwar – IndiaFAX Number – N.A.Phone No. 1 – N.A.Phone No. 2 – N.A.Email – N.A.
Factory Plant Padmabilla ShakharigatiKotwali JessoreBangladesh – IndiaFAX Number – N.A.Phone No. 1 – +8809601505541Phone No. 2 – N.A.Email – N.A.
Factory Plant Plot No 3, Sector – 10 IIERoshanabad SIDCUL Haridwar, IndiaFAX Number – 91-01334-239512/13Phone No. 1 – 91-01334-238500/239514-16Phone No. 2 – N.A.Email – N.A.

Hero Motocorp Company Performance

The data below explains the specifics of Hero motocorp Pvt. Ltd. company performance.

Annual March 18 March 19 March 20 March 21 March 22
Total Revenue 32230.49 33650.54 28836.09 30800.62 29245.47
Other Income 525.82 691.25 778.34 579.85 556.9
Total Income 32756.31 34341.79 29614.43 31380.47 29802.38
Expenses 
Consumed raw materials 21857.79 23346.10 19867.19 21875.33 20708.07
Stock adjustments -23.15 -28.38 -169.78 -143.46 72.71
Employee expenses 1540.13 1730.24 1841.70 1898.72 1935.44
Fuel and power .00 .00 .00 .00 .00
Development and research expenses .00 .00 .00 .00 .00
Selling and administration expenses .00 .00 .00 .00 .00
Other expenses 3575.53 3672.49 3339.02 3150.79 3160.48
Expenses capitalized .00 .00 .00 .00 .00
Provisions made .00 .00 .00 .00 .00
Total expenses 26950.30 28720.45 24878.13 26781.38 25876.70
Profit  5280.19 4930.09 3957.96 4019.24 3368.77
EBITDA 5806.01 5621.34 4736.30 4599.09 3925.68
Dept.  555.60 602.01 817.96 676.87 649.75
EBIT 5250.41 5019.33 3918.34 3922.22 3275.93
Interest 6.25 8.60 22.02 21.84 25.80
EBT 5244.16 5010.73 3896.32 3900.38 3250.13
Taxes  1546.80 1625.86 940.43 936.18 777.11
Annual loss and profit 3697.36 3384.87 2955.89 2964.20 2473.02
Previous year adjustments .00 .00 .00 .00 .00
Extraordinary items .00 .00 677.37 .00 .00
Other adjustments .00 .00 .00 .00 .00
Reported PAT 3697.36 3384.87 3633.26 2964.20 2473.02

Hero Motocorp Share Price NSE

Hero Motocorp NSE 2688.05
Previous Close 2736.15
Open 2723.05
High 2764.95
Low 2686.50

Hero Motocorp Share Price BSE

Hero motocorp Share Price BSE 2685.50
Previous Close 2737.60
Open 2725.00
High 2764.10
Low 2682.85

Hero Motocorp Stock Returns in 2021, 2022 and 2023

Date
Price
Open
High
Low
Volume
Chg%
44958 2539.8 2775.5 2822.85 2536.65 327.92K -0.0809
44927 2763.25 2738.85 2812 2663 5.34M 0.0089
44896 2738.85 2855 2884 2611.6 7.14M -0.0396
44866 2851.9 2690.25 2861 2573.45 12.40M 0.0654
44835 2676.85 2538.5 2734.9 2502.75 8.91M 0.0501
44805 2549.2 2820 2903 2510 15.91M -0.1017
44774 2837.7 2834.95 2938.6 2730 14.47M 0.007
44743 2818.05 2715 2891.8 2683.35 9.86M 0.0362
44713 2719.7 2799.9 2809 2433.9 15.86M -0.0195
44682 2773.9 2460.2 2809.95 2371 18.29M 0.1066
44652 2506.65 2185 2552 2150 17.66M 0.0926
44621 2294.15 2498 2498.5 2146.85 20.15M -0.0952
44593 2535.45 2748 2872.3 2440 16.20M -0.0693
44562 2724.3 2463 2789 2463 12.93M 0.1065
44531 2462.1 2480 2552 2310 9.73M 0.0052
44501 2449.3 2675 2784.8 2424.05 13.95M -0.0782
44470 2657.1 2827.2 2950 2639 9.77M -0.0619
44440 2832.5 2759 2954.45 2702.6 13.61M 0.0331
44409 2741.85 2770.1 2865.9 2636 11.73M -0.0078
44378 2763.3 2894.77 2958.49 2740 10.34M -0.0446
44348 2892.38 3005.88 3079.12 2841.96 15.89M -0.0349
44317 2996.91 2770.16 3022.72 2756.91 20.66M 0.0668
44287 2809.22 2938.61 2998.4 2731.45 16.45M -0.0324
44256 2903.34 3243.54 3498.53 2891.78 20.36M -0.0963

Hero Motocorp Listings and Indices

Key Dates

Year Ending Month – March

AGM Date (Month) – August

Book Closure Date (Month) – july/August

Listing Information

Face value of equity shares – 2

Market lot of equity shares – 1

NSE Code – HEROMOTOCO

BSE Code – 500182

BSE Group – A

Indices

Hero motocorp makes a part of the below-listed indices:

Nifty – YES

Sensex – No

BSE 200 – YES

BSE 100 – YES

CNX 500 – YES

BSE 500 – YES

CNX Midcap – NO

Should You Invest in Hero Motocorp?

It is important to know about any firm whether or not investing in its shares will give a high return. As the stock market is unpredictable and relies on multiple factors, conducting thorough research on a company’s past and future predictions becomes the utmost concern for an individual who is willing to invest in a specific company. Therefore, Hero Motocorp is a company that has existed since 1984 and has expanded its wings in different sectors of automobiles to strengthen its roots in the stream. The company started manufacturing two wheelers which spread to three wheelers along with their accessories. The company is excellently serving over 37 years now and has above 100 millions of satisfied customers. Moreover, the company shares good bonds with its investors and focuses on sustainability to keep up in the market. The BSE and NSE reports of Hero Motocorp seem to make it a sturdy choice to invest in. The share price of Hero Motocorp has been rising in the market and remains advantageous for someone willing to earn interesting returns in a year or two.

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FAQ’s about Hero Motocorp Share Price

Q1. Is buying Hero MotoCorp shares a good idea?

Yes, Hero Motocorp shares are good to buy as the complete sector is supposed to do well in the near future.

Q2. What is the future of Hero MotoCorp's share price?

If you are willing to set up a fruitful share portfolio, then buying Hero MotoCorp Ltd. shares could be a profitable investment choice.

Q3. Is Hero MotoCorp good for the long term?

Yes, Hero motocorp is good to invest for a long term period as it expects a long-time increase.

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