Hero MotoCorp Ltd
HEROMOTOCO

3,277.35

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

3,281.15

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

3,324.00

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

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Buy
Reco. Price
Rs 3233.20

Last updated on 07-Dec-2016

We recommend a BUY on the stock on account 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 trades attractive at ~20.3x PE on FY18E earnings. (Target Price- Rs 3,854.5).
Detailed View
50 DMA (.)
3,272.21
100 DMA (.)
3,330.30
200 DMA (.)
3,135.69
Weekly Range (.)
3,151.10
3,333.00
Monthly Range (.)
2,849.50
3,333.00
52 Weeks Range (.)
2,377.15
3,740.00
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