Agencies has buy call on Hero MotoCorp with a target price of Rs 3000. The current market price of is Rs 2727.5.
., incorporated in the year 1984, is a Large Cap company (having a market cap of Rs 54269.72 Crore) operating in Auto sector.
Hero MotoCorp Ltd. key Products/Revenue Segments include Motorised Two Wheelers Upto 350cc Engine Capacity, Spares (Two Wheelers), Other Operating Revenue, Sale of services and Duty Drawback for the year ending 31-Mar-2022.
Financials
For the quarter ended 30-09-2022, the company reported a Consolidated Total Income of Rs 9252.22 Crore, up 8.81 % from last quarter Total Income of Rs 8503.07 Crore and up 6.39 % from last year same quarter Total Income of Rs 8696.80 Crore. Company reported net profit after tax of Rs 706.37 Crore in latest quarter.
Promoter/FII Holdings
Promoters held 34.77 per cent stake in the company as of 30-Sep-2022, while FIIs owned 42.92 per cent, DIIs 12.55 per cent.
., incorporated in the year 1984, is a Large Cap company (having a market cap of Rs 54269.72 Crore) operating in Auto sector.
Hero MotoCorp Ltd. key Products/Revenue Segments include Motorised Two Wheelers Upto 350cc Engine Capacity, Spares (Two Wheelers), Other Operating Revenue, Sale of services and Duty Drawback for the year ending 31-Mar-2022.
Financials
For the quarter ended 30-09-2022, the company reported a Consolidated Total Income of Rs 9252.22 Crore, up 8.81 % from last quarter Total Income of Rs 8503.07 Crore and up 6.39 % from last year same quarter Total Income of Rs 8696.80 Crore. Company reported net profit after tax of Rs 706.37 Crore in latest quarter.
Promoter/FII Holdings
Promoters held 34.77 per cent stake in the company as of 30-Sep-2022, while FIIs owned 42.92 per cent, DIIs 12.55 per cent.
(Disclaimer: Recommendations given in this section or any reports attached herein are authored by an external party. Views expressed are that of the respective authors/entities. These do not represent the views of Economic Times (ET). ET does not guarantee, vouch for, endorse any of its contents and hereby disclaims all warranties, express or implied, relating to the same. Please consult your financial adviser and seek independent advice.
Read More News on
(What's moving Sensex and Nifty Track latest market news, stock tips and expert advice on ETMarkets. Also, ETMarkets.com is now on Telegram. For fastest news alerts on financial markets, investment strategies and stocks alerts, subscribe to our Telegram feeds.)
...moreDownload The Economic Times News App to get Daily Market Updates & Live Business News.