Hero MotoCorp Ltd
HEROMOTOCO

3,359.50

Open ()
Turnover (lac)
Prev. Close ()
Day's Vol.(shares)

3,359.55

Open ()
Turnover (lac)
Prev. Close ()
Day's Vol.(shares)

3,356.80

Open ()
Open Interest
(Contracts)
VWAP ()
Day's Vol
(shares)
Detailed Quote

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Buy
Reco. Price
Rs 3357.00
We recommend BUY on the stock on expectations of strong revenue and margin performance over next two years. This will be driven by improvement in rural demand led by normal monsoon, strong product pipeline and operational efficiency. The stock is trading at attractive P/E of ~19.32x on FY18E earnings. (Target Price- Rs.3357)
Detailed View
50 DMA (.)
3,201.00
100 DMA (.)
3,162.97
200 DMA (.)
3,239.68
Weekly Range (.)
3,292.00
3,390.00
Monthly Range (.)
3,131.05
3,412.00
52 Weeks Range (.)
2,752.30
3,740.00
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