Trying to know the future prediction of Hero MotoCorp Ltd for the oncoming years 2022, 2023, 2024, 2025, and 2030? if yes then you are very lucky because you are reading the best article about it.
After reading this article you will get a deep analysis of hero moto corp ltd and its future targets that can achieve in upcoming years. This is the world’s largest two-wheeler Manufacturer Company which is Hero Moto Corp Limited which was formerly popular as Hero Honda.
Hero Moto Corp is an Indian multinational company in the automobile sector that manufactures motorcycles and scooters. It’s headquartered in New Delhi, India. Hero Moto Corp is having about 37.1% share in the market of the two-wheeler industry. The company’s current value at present time is around Rs.60,000cr which is approximately an 8.4billion US dollars.
Hero Moto Corp Ltd Quarterly Report Analysis
In the first Quarter of the financial year 2021, the company made sales of Rs.5,487.07 Cr. in which they made a profit of about Rs.365.44 Cr. after paying all the taxes. In the Second Quarter of the financial year 2021, Company made sales of Rs.8,453.40 Cr. in which they made a profit of around Rs.794.40 Cr. after paying all the essential taxes.
In the third quarter of 2022, the company made sales of around Rs.7,883.27 Cr. through which they made a profit of about Rs.686.13 Cr. after paying all the taxes. In the Last Quarter of 2021, the company made sales of around Rs.7,421.73 Cr. though they made a profit of about Rs.627.05 Cr. after paying all the taxes. In the first quarter of the financial year 2022, the company made sales of around Rs.8,392.54 Cr. By which they made a profit of about Rs.624.52 Cr. after paying all the taxes according to govt. order for that sector.
Hero Moto Corp Annual Report Analysis
Hero Moto Corp Ltd make net sales of around Rs.28,500.46 Cr. in 2017 till the month of march through which the company made a profit of about 3,827.56 Cr. In the following year which is 2018 till the month of march company make net sales of Rs.32,230.49 Cr. through which the company makes a profit of 3,697.36 Cr.
In the year 2019 till March Month Company’s net sales is around Rs.33,650.54 Cr. by which the company makes a profit of about 3,384.87 Cr. In the following year, 2020 till the month of March Company’s net sales is around Rs.28,836.09 Cr. through which the Company makes a profit of about Rs.3633.26 Cr. In the year 2021, till the month of March Company made net sales is around Rs.30,800.62 Cr. by which they made a profit of around Rs.2,964.20 Cr. in the year 2022 hero moto corp made Rs.29,245.47 Cr. of sales and Rs.2,473.02 Cr. of profit.
In this section of the article, we are going to predict the future targets of hero moto corp ltd.
|Year||Target Of Divi’s Lab|
For the upcoming year which is 2022, we predict two possible targets which the shares of Hero Moto Corp can attain first is around Rs.3,400, and second, the possible target which they can surpass in the same year is about Rs.3,610 and it all will happen because of their increasing demand of products.
We again predict two possible targets which the shares of Hero Moto Corp can cross in the year 2023 first possible target which they can attain is about Rs.4,075 and the second possible target which they can find in the same year is around Rs.4,778.
When can predict the first target share price for the financial year 2024 is around Rs.5,195 and we can predict the second target for the same year is about Rs.5,779.
For the year 2025, we can predict two possible targets which the shares of Hero Moto Corp will beat easily first is around Rs.6,745 and The second is about Rs.7,436 as I told earlier the company share prices will in a positive trend in the future and share prices of this company share increase day by day in future years to come.
We set a possible target which they can attain as around Rs.11,033 and the second possible target which they can cross is around Rs.16,833.
In this article, we have done a detailed analysis of Hero Moto Corp Limited. We tried to include their technical analysis, quarterly reports, and annual reports which are the most important aspect to know before investing in the share of a specific company.
Before ending this article, I am going to tell you some strengths or reasons why you need to invest in the shares of Hero Moto Corp Limited.
- Widespread distribution network
- High performance of products
- Effective advertising capability
- Recognized and established brand name
- Best in their sector
If you find this article helpful to you. Please share this article with your friends and family member and do not forget to share this article on your social media platform too.
I am a share market expert for the last five years. I have expertise in technical analysis, and fundamental analysis of stocks, and assets. On this website, I write content like analysis of shares, predict future targets of shares based on analysis, simplify technical analyses, and intraday trading.