Hero MotoCorp Ltd. (HEROMOTOCO) Share Price Rises 3.1% Amid Strong Trading

Hero MotoCorp Ltd. Share Price rises 3.1% to Rs 5,590, market cap at Rs 1,07,704.03 Cr.

Hero MotoCorp Ltd. Share Price has seen a notable increase today, rising by 3.1% to reach Rs 5,590. This price movement is significant as it places the company's market capitalisation at Rs 1,07,704.03 crore.

The increase in Hero MotoCorp Ltd.'s share price today reflects strong trading activity, with a total volume of 6,31,359 shares traded across BSE and NSE. This level of trading volume indicates heightened investor interest and participation in the stock. The company's share price opened at Rs 5,460 and reached a high of Rs 5,606.9 during the trading session, demonstrating a robust upward momentum.

Hero MotoCorp Ltd. (HEROMOTOCO) Share Price Today: Price Action Analysis

Metric	Value
Current Price	Rs 5,590
Previous Close	Rs 5,422
Today's Change	+Rs 168 (+3.1%)
Day Open	Rs 5,460
Day High	Rs 5,606.9
Day Low	Rs 5,430.45
Current Volume (BSE)	42,092
BSE Traded Volume	42,092
NSE Traded Volume	5,89,267
Combined NSE + BSE Volume	6,31,359
Turnover	Rs 23.53 crore
Market Capitalisation	Rs 1,07,704.03 crore
Market Cap Category	Large Cap

Hero MotoCorp Ltd. (HEROMOTOCO) traded at Rs 5,590. versus the previous close of Rs 5,422, a rise of 3.1%. The stock opened at Rs 5,460, reached Rs 5,606.9, touched Rs 5,430.45. Reported volume was 42,092.

Hero MotoCorp Ltd. (HEROMOTOCO) Fundamental Analysis

Metric	Value
Market Capitalisation	Rs 1,07,704.03 crore

Hero MotoCorp Ltd. boasts a market capitalisation of Rs 1,07,704.03 crore, positioning it as a significant player in the Automobile & Ancillaries sector. The company's valuation metrics, such as P/E and P/B ratios, are crucial for investors assessing its financial health and market position.

While specific P/E and P/B values for Hero MotoCorp Ltd. are not provided, the sector's benchmark data offers context. The median P/E for the Automobile & Ancillaries sector is 23.39, with an average of 58, indicating a wide range of valuations within the sector. Similarly, the median P/B is 2.09, with an average of 2.76. These benchmarks help investors gauge where Hero MotoCorp Ltd. might stand relative to its peers.

The sector's median ROE is 7.86%, and the median ROCE is 10.21%, providing a reference for evaluating the company's profitability and efficiency. Hero MotoCorp Ltd.'s performance in these areas will be critical for investors considering its long-term potential.

Sector and Industry Context

Metric	Value
Sector	Automobile & Ancillaries
Benchmark Scope	same sector
Benchmark Median P/E	23.39x
Benchmark Average P/E	58x
Benchmark P/E Range	3.43x to 2,150.34x
Benchmark Median P/B	2.09x
Benchmark Median ROE	7.86%
Benchmark Median ROCE	10.21%
Company Market Capitalisation	Rs 1,07,704.03 crore
Benchmark Median Market Cap	Rs 248.88 crore

Hero MotoCorp Ltd. (HEROMOTOCO) is classified under sector: Automobile & Ancillaries.

Track today's top gainers through the Univest top gainers screener. The peer table below provides the company-level comparison.

The Automobile & Ancillaries sector, comprising 166 companies, serves as the benchmark for evaluating Hero MotoCorp Ltd.'s performance. The sector's P/E ratio ranges from 3.43 to 2150.34, with a median of 23.39, highlighting the diversity in valuations. Hero MotoCorp Ltd.'s market capitalisation of Rs 1,07,704.03 crore is significantly above the sector's median of Rs 248.88 crore, underscoring its prominence within the industry.

The sector's average ROE is 8.2%, and the average ROCE is 12.12%, providing a backdrop for assessing Hero MotoCorp Ltd.'s financial metrics. The company's ability to outperform these benchmarks could indicate strong operational efficiency and profitability.

Peer Comparison

Company	Symbol	Market Cap (Cr)	P/E	P/B	ROE (%)	ROCE (%)
CARRARO INDIA LIMITED	CARRARO	3,054.06	24.03	5.35	17.69	19.27
TVS Srichakra Ltd.	TVSSRICHAK	3,014.93	36.9	2.48	9.41	12.33
Divgi Torqtransfer Systems Ltd.	DIVGIITTS	2,947.43	63.47	4.69	15.05	19.01
Automotive Axles Ltd.	AUTOAXLES	2,839.69	17.28	2.58	12.66	16.97
Sundaram-Clayton Ltd.	SUNCLAY	2,758.86	11.02	2.24	-3.36	3.46

Hero MotoCorp Ltd. (HEROMOTOCO) has a market capitalisation of Rs 1,07,704.03 crore. Among the 5 peers shown, 0 have a larger market capitalisation.

In the competitive landscape of the Automobile & Ancillaries sector, Hero MotoCorp Ltd. stands out with its substantial market capitalisation. When compared to peers like Carraro India Limited, TVS Srichakra Ltd., and Divgi Torqtransfer Systems Ltd., Hero MotoCorp Ltd.'s market cap is significantly higher, emphasizing its leadership position.

While specific P/E, P/B, ROE, and ROCE values for Hero MotoCorp Ltd. are not detailed, the peer comparison provides insights into the competitive dynamics. For instance, Carraro India Limited has a P/E of 24.03, while TVS Srichakra Ltd. has a P/E of 36.9, reflecting varying valuation levels among competitors.

Why Investors Are Watching Hero MotoCorp Ltd.

Hero MotoCorp Ltd. has captured investor attention with its recent price rise and strong trading activity. The company's position in the Automobile & Ancillaries sector and its substantial market capitalisation make it a key player to watch.

• Price Action: 3.1% rise to Rs 5,590, clearing the Large Cap threshold.
• Trading Volume: High participation with 6,31,359 shares traded.
• Sector Position: Prominent market cap in the Automobile & Ancillaries sector.

Investors should monitor Hero MotoCorp Ltd.'s performance in upcoming sessions, particularly in light of sector trends and broader market movements. The company's ability to sustain its momentum will be crucial for future evaluations.

About Hero MotoCorp Ltd.

Hero MotoCorp Ltd. is a leading player in the Automobile & Ancillaries sector, known for its extensive range of two-wheelers. The company operates in various segments, including motorcycles and scooters, catering to diverse consumer needs. Hero MotoCorp Ltd. has established a strong market presence, leveraging its brand reputation and extensive distribution network.

The company's revenue mix is driven by its core products, with a focus on innovation and customer satisfaction. As a prominent player in the industry, Hero MotoCorp Ltd. continues to expand its product portfolio and enhance its market position, contributing to its robust financial performance.

Track Hero MotoCorp Ltd. Share Price on Univest

Use Hero MotoCorp Ltd. (HEROMOTOCO) live share-price page, Univest top gainers screener, Univest market blogs to review live stock data, top gainers lists and related market analysis.

Investors and market enthusiasts can track Hero MotoCorp Ltd. Share Price on Univest for real-time updates. Univest provides comprehensive insights into technical indicators, fundamental ratios, shareholding patterns, and market trends, enabling informed investment decisions.

Frequently Asked Questions

What is the current share price of Hero MotoCorp Ltd.?

Ans. The current share price of Hero MotoCorp Ltd. is Rs 5,590, reflecting a 3.1% increase from the previous close of Rs 5,422. The stock moved 3.1% during the session. The intraday range extended from Rs 5,430.45 to Rs 5,606.9.

How much did Hero MotoCorp Ltd. share price rise today?

Ans. Hero MotoCorp Ltd. share price rose by 3.1% today, marking a significant gain in the stock's value. The stock moved 3.1% during the session. The intraday range extended from Rs 5,430.45 to Rs 5,606.9.

How does Hero MotoCorp Ltd.'s P/E ratio compare to the sector?

Ans. While specific P/E for Hero MotoCorp Ltd. isn't provided, the sector median P/E is 23.39, offering a benchmark for comparison. The relevant peer median P/E is 23.39x. The peer average P/E is 58x.

Who are Hero MotoCorp Ltd.'s peers?

Ans. Hero MotoCorp Ltd.'s peers include Carraro India Limited, TVS Srichakra Ltd., and Divgi Torqtransfer Systems Ltd., among others. Comparable listed companies include CARRARO INDIA LIMITED, TVS Srichakra Ltd., Divgi Torqtransfer Systems Ltd.

What is the sector median ROE?

Ans. The sector median ROE for the Automobile & Ancillaries sector is 7.86%, providing a benchmark for profitability. The relevant peer median ROE is 7.86%. The relevant peer median ROCE is 10.21%.