Overweight on Hero MotoCorp, target price Rs 5,285: Axis Securities
Axis Securities has an overweight call on Hero MotoCorp with a target price of Rs 5285. The current market price of Hero MotoCorp is Rs 3630. Hero MotoCorp, incorporated in 1984, is a Large Cap company with a market cap of Rs 72752.83 crore, operating in the Auto sector.
Hero MotoCorp Ltd. key Products/Revenue Segments include Motorised Two Wheelers Upto 350cc Engine Capacity, Spares (Two Wheelers), Sale of services, Other Operating Revenue and Duty Drawback for the year ending 31-Mar-2024.
Financials
For the quarter ended 31-12-2024, the company has reported a Consolidated Total Income of Rs 10566.31 crore, down -1.45 % from last quarter Total Income of Rs 10721.59 crore and up 5.33 % from last year same quarter Total Income of Rs…
