One of India’s top two-wheeler producers and a well-known brand for many years is Hero Motocorp. It commands a sizable portion of the domestic market and is also growing its global presence. Hero Motocorp has built a solid reputation over the years as a trustworthy company with a robust supply chain and a variety of goods.
Investors have been closely monitoring the company’s success since its stock price has steadily increased in recent years. Hero Motocorp has the ability to continue generating steady returns over the long term because of its wide range of products and solid brand recognition.
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HM IN RECENT NEWS
- The voluntary retirement scheme (VRS) introduced by Hero MotoCorp has the potential to enhance the company’s operational efficiency, and according to a brokerage firm, it could result in a 29% increase in the stock price.
HM SHARE PRICE TARGET 2023
|HM SHARE PRICE TARGET 2023||Maximum Price||Minimum Price|
In April 2023, the maximum share price target for Hero Motocorp is ₹2,558.60, which is expected to be the highest point for the stock price for the year. However, the minimum price target for the same month is ₹1,968.15, indicating a potential downside risk.
In May 2023, the share price is expected to drop significantly, with a minimum target of ₹1,640.13, which is the lowest price target for the year.
In June 2023, the share price target is expected to recover to the same level as April, with a maximum target of ₹2,558.60 and a minimum target of ₹1,968.15.
In July 2023, the stock is predicted to make a sharp rebound, with a maximum target of ₹3,070.32, which is the highest target for the year.
In August and September 2023, the share price target is expected to continue to rise steadily, with a maximum target of ₹3,546.22 in September.
In October 2023, the share price target is predicted to fall slightly to a maximum of ₹3,377.35.
In November 2023, the share price target is expected to rebound to a maximum of ₹3,715.09, indicating a potential opportunity for investors.
Finally, in December 2023, the share price target is predicted to reach the highest point for the year, with a maximum target of ₹4,160.90
HM SHARE PRICE TARGET 2024
|HM SHARE PRICE TARGET 2024||Maximum Price||Minimum Price|
Hero Motocorp’s share price is expected to exhibit significant volatility in 2024. In January 2024, the maximum share price target is predicted to be ₹4,379.89, while the minimum target is expected to be ₹1,037.03, indicating a potential downside risk.
In February 2024, the share price is predicted to increase significantly, with a maximum target of ₹4,921.23 and a minimum target of ₹4,101.02. This suggests that the stock could experience a significant upswing in value, potentially driven by factors such as positive company performance or favourable market conditions.
In March 2024, the share price target is expected to rise further to a maximum of ₹5,180.24 and a minimum of ₹4,211.58.
In April and May 2024, the share price target is predicted to decrease significantly, with a minimum target of ₹3,018.79 in May.
In June 2024, the share price target is expected to rebound to the same level as April, with a maximum target of ₹4,709.31 and a minimum target of ₹3,622.54.
In July and August 2024, the share price target is expected to continue to rise steadily, with a maximum target of ₹4,403.20 in August.
In September and October 2024, the share price target is predicted to rise significantly, with a maximum target of ₹5,439.25 in October.
In November and December 2024, the share price target is expected to continue to rise, with a maximum target of ₹5,825.44 in December.
HM SHARE PRICE TARGET 2025
|HM SHARE PRICE TARGET 2025||Maximum Price||Minimum Price|
In January, the share price is projected to have a maximum target of ₹5,941.95 and a minimum target of ₹4,570.73. February is expected to have a higher maximum target of ₹6,254.68 and a minimum target of ₹4,811.29. March is anticipated to continue its upward trend with a maximum target of ₹6,567.41 and a minimum target of ₹5,051.86.
April is expected to have a slightly lower maximum target of ₹5,863.76 and a minimum target of ₹4,510.59. May is anticipated to have a further decrease in the maximum target to ₹5,330.69, while the minimum target is expected to remain stable at ₹4,100.53. June is expected to have similar values to April, with a maximum target of ₹5,863.76 and a minimum target of ₹4,510.59.
In July, the maximum target is estimated to be ₹5,584.54 and the minimum target is projected to be ₹4,295.80. August is expected to rebound slightly with a maximum target of ₹5,817.23 and a minimum target of ₹4,474.79.
September is anticipated to have a higher maximum target of ₹6,108.09 and a minimum target of ₹4,698.53. In October, the share price is projected to continue its upward trend with a maximum target of ₹6,474.57 and a minimum target of ₹4,980.44.
November is expected to reach the highest point for the year with a maximum target of ₹6,927.79 and a minimum target of ₹5,329.07. Finally, in December, the maximum target is projected to decrease slightly to ₹7,066.35, while the minimum target is anticipated to be ₹5,435.65.
HM SHARE PRICE TARGET 2026 TO 2030
|HM SHARE PRICE TARGET BY||Maximum Price||Minimum Price|
Hero Motocorp’s share price target for the year 2026 is expected to have a maximum price of ₹4,946.44 and a minimum price of ₹3,462.51. Moving onto the year 2027, the maximum price is projected to decrease to ₹4,204.48, while the minimum price is anticipated to be ₹2,943.13. The year 2028 is expected to see a significant increase in the share price, with a maximum target of ₹7,568.06 and a minimum target of ₹5,297.64. The share price is projected to continue its upward trend in 2029, with a maximum target of ₹15,545.97 and a minimum target of ₹10,882.18. Finally, in the year 2030, the share price is expected to remain relatively stable, with a maximum target of ₹17,312.55 and a minimum target of ₹12,118.79.
FINANCIAL STRENGTH OF HERO MOTOCORP (2018 TO 2022)
|ANNUAL||FY 2022||FY 2021||FY 2020||FY 2019||FY 2018|
|Total Revenue Growth (%)||-4.48||5.11||-13.48||5.08||13.21|
|Total Expenses Growth (%)||-2.80||5.89||-11.92||6.76||12.93|
|Profit after Tax (PAT)||2,316.88||2,917.75||3,638.11||3,444.09||3,720.40|
|PAT Growth (%)||-20.59||-19.80||5.63||-7.43||3.80|
|Operating Profit Margin (%)||11.20||12.73||13.48||14.95||16.24|
|Net Profit Margin (%)||7.84||9.42||12.43||10.13||11.46|
|Basic EPS (₹)||115.96||146.07||182.15||172.45||186.30|
Hero Motocorp’s financial statement from FY 2018 to FY 2022 shows fluctuations in its revenue and expenses. Total revenue growth was positive in FY 2018 and 2021, but it was negative in FY 2020 and 2022. The maximum revenue was recorded in FY 2019 at ₹34,657.55 crore, while the minimum revenue was recorded in FY 2022 at ₹30,106.29 crore. Total expenses also fluctuated during this period, with a maximum of ₹29,614.01 crore in FY 2019 and a minimum of ₹26,849.13 crore in FY 2022. Despite these fluctuations, Hero Motocorp maintained its operating profit margin of around 11-16% and its net profit margin of around 7-12%. Profit after tax (PAT) growth was positive in FY 2020 and 2021 but negative in FY 2018, 2019, and 2022. The maximum PAT was recorded in FY 2020 at ₹3,638.11 crore, while the minimum PAT was recorded in FY 2022 at ₹2,316.88 crore. Basic EPS (earning per share) has also shown fluctuations, with a maximum of ₹186.30 in FY 2018 and a minimum of ₹115.96 in FY 2022. Overall, while Hero Motocorp experienced some ups and downs in its financial performance over the past five years, it has maintained a relatively stable operating and net profit margin, with positive growth in some years for its PAT.
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How has Hero Motocorp performed financially in recent years?
Hero Motocorp’s financial performance has varied in recent years. The company experienced revenue growth of 5.11% in FY 2021, but a decline of 4.48% in FY 2022. Profit after tax (PAT) has also fluctuated, with a decline of 20.59% in FY 2022 following a drop of 19.80% in FY 2021. However, PAT increased by 5.63% in FY 2020.
What is the company’s operating profit margin and net profit margin?
A: Hero Motocorp’s operating profit margin has ranged from 11.20% in FY 2022 to 16.24% in FY 2018. The net profit margin has ranged from 7.84% in FY 2022 to 12.43% in FY 2020.
CONCLUSION: HERO MOTOCORP SHARE PRICE TARGET
Hero Motocorp has had a mixed record, according to the examination of its income growth, PAT, revenue growth, and profit growth during the past five years. Even while sales and profit growth have increased occasionally, they have also decreased on occasion. The PAT for the company has displayed a comparable pattern.
It is crucial to remember that the auto business has experienced a number of difficulties throughout the years, including shifting laws and varying demand. Hero Motocorp has however maintained its position as the industry’s undisputed leader and its market share.
Given all of these elements, it might be a good idea to proceed cautiously when purchasing shares of Hero Motocorp.