Chandan Taparia of Motilal Oswal Securities has a sell call on Hero MotoCorp Ltd.
with a target price of Rs 2240.0 .
The current price of Hero MotoCorp Ltd.
is Rs 2356.75 .
Chandan Taparia recommended to keep a stoploss at Rs 2415 .
Hero MotoCorp Ltd., incorporated in the year 1984, is a Large Cap company (having a market cap of Rs 47073.58 Crore) operating in Auto sector.
Hero MotoCorp Ltd.
key Products/Revenue Segments include Motorised Two Wheelers Upto 350cc Engine Capacity which contributed Rs 29693.52 Crore to Sales Value (88.24 % of Total Sales), Spares (Two Wheelers) which contributed Rs 2835.97 Crore to Sales Value (8.42 % of Total Sales), Sale of services which contributed Rs 595.04 Crore to Sales Value (1.76 % of Total Sales) and Other Operating Revenue which contributed Rs 526.01 Crore to Sales Value (1.56 % of Total Sales)for the year ending 31-Mar-2019.
For the quarter ended 31-12-2019, the company has reported a Consolidated sales of Rs 7074.53 Crore, down -7.65 % from last quarter Sales of Rs 7660.27 Crore and down -10.87 % from last year same quarter Sales of Rs 7936.88 Crore Company has reported net profit after tax of Rs 880.13 Crore in latest quarter.
The companys top management includes Dr.Anand C Burman, Mr.Vikram S Kasbekar, Mr.Suman Kant Munjal, Mr.Ravi Nath, Mr.Pradeep Dinodia, Mr.Pawan Munjal, Mr.Paul Edgerley, Mr.M Damodaran, GeneralV P Malik, Dr.Pritam Singh, Ms.Shobana Kamineni.
Company has BSR - Co.
LLP as its auditors As on 31-12-2019, the company has a total of 199,737,238 shares outstanding.