Buy Call on Hero Moto Corp Limited – Target Price Rs. 3060/-
Axis Securities has given a buy call to Hero Moto Corp Limited with a target price of Rs. 3060/- is. A period of 1 year has been given to reach the expected price.
This company was established in 1984 and is a large cap company. And the market capitalization is Rs. 55579.56/- Crore. This company is working in the auto sector.
Product and revenue segment includes two-wheelers, operating revenue, services.
In the quarter ending June 2022, the company has earned a total income of Rs.8503.07/- crores, which is an increase of 50.54% over the previous quarter. Last year in this quarter this amount was Rs. 5648.20/- Crore.
In Hero Moto Corp company, promoter holding is 34.78%, FII 42.92%, DII 11.5%.
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