Hero Motocorp Share Price Target 2023, 2024, 2025, 2026, 2027, 2028, 2029, 2030.
Hero MotoCorp Ltd is an Indian multinational motorcycle and scooter manufacturer. It is the largest two-wheeler manufacturer in the world, and its products are sold in over 40 countries. The company was founded in 1984 and is headquartered in New Delhi, India. Hero MotoCorp’s product range includes a variety of motorcycles and scooters with different engine capacities, including the popular Splendor and Passion models. The company also offers electric scooters under its brand name “Hero Electric.”
Hero MotoCorp has a strong presence in the Indian market and has been expanding its global footprint in recent years. The company has manufacturing facilities in India, Colombia, and Bangladesh, and it has joint ventures with companies in other countries like Japan and Austria.
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Business Model of Hero Motocorp Limited
The business model of Hero MotoCorp Ltd is primarily based on designing, manufacturing, and selling motorcycles and scooters to customers in India and around the world. The company’s key business activities include:
- Designing and manufacturing: Hero MotoCorp designs and manufactures its motorcycles and scooters in-house. The company has a team of engineers and designers who are responsible for developing new models and improving existing ones.
- Sales and marketing: Hero MotoCorp sells its products through a network of dealerships in India and other countries. The company uses various marketing channels, including television, print, and digital media, to promote its products and build its brand.
- Distribution and logistics: Hero MotoCorp has a well-established distribution and logistics network that allows it to efficiently transport its products from its manufacturing facilities to its dealerships and customers.
- After-sales service: Hero MotoCorp provides after-sales service to its customers through its network of service centers. The company offers maintenance, repair, and replacement services for its motorcycles and scooters.
- Research and development: Hero MotoCorp invests heavily in research and development to develop new products and improve its existing models. The company has several R&D centers in India and around the world.
Shareholding of Hero Motocorp
The shareholding pattern of Hero MotoCorp Ltd is as follows:
- Promoter and Promoter Group: 34.64%
- Foreign Institutions: 19.56%
- Mutual Funds/UTI: 4.17%
- Financial Institutions/Banks: 0.89%
- Insurance Companies: 0.72%
- Public and Others: 40.02%
Hero Motocorp Share
Hero MotoCorp waswas listed on the Bombay Stock Exchange (BSE) and National Stock Exchange of India (NSE), On September 1, 2017 share price Hero Motocorp was highest Rs.4048/-.
As of May 5, 2023, Hero MotoCorp’s share price on the NSE was INR 2,542/- Hero MotoCorp Share 52 week high at Rs. 2,938.88/- & 52 week low Rs.2,246/-. The P/E Ratio of Hero MotoCorp Share is 19.43 & Dividend Yield is 3.25%.
| Company Name | Hero Motocorp Limited |
| Share Name | HEROMOTOCO |
| Sector | Automobiles |
| Headquater | New Delhi |
| Foundation | 1984 |
| Key Person | Pawan Munjal (MD & CEO) |
| Market Cap | 50,860 Crore INR |
| Revenue | 8306 Crore INR |
| Official Website | Click Here |
Hero Motocorp Share Price Target 2023, 2024, 2025, 2026, 2027, 2028, 2029, 2030, 2040, 2050
| Year | First Target | Second Target |
| 2023 | 2850 | 3030 |
| 2024 | 3080 | 3250 |
| 2025 | 3290 | 3450 |
| 2026 | 3510 | 3640 |
| 2027 | 3680 | 3800 |
| 2028 | 3850 | 3970 |
| 2029 | 4020 | 4150 |
| 2030 | 4200 | 4360 |
| 2040 | 7460 | 7650 |
| 2050 | 18500 | 18900 |
Note:- “That these share price targets for “Hero Motocorp Share” are only provided for the purpose of reference and that this prediction will only hold true in the event that there is optimism in the market. Any uncertainties regarding the company or the current state of the global market will not be addressed in this analysis.”
Annual Result Summary of Hero Motocorp Limited
Summary of Hero MotoCorp Ltd’s annual results for the financial year 2021-2022, which ended on March 31, 2022:
- Revenue: The company’s revenue for the year was Rs. 33,805 crore, which represents an increase of 15.5% compared to the previous year.
- Profit After Tax (PAT): The company’s PAT for the year was Rs. 2,910 crore, which represents an increase of 17% compared to the previous year.
- Earnings Per Share (EPS): The company’s EPS for the year was Rs. 145.66, which represents an increase of 17.6% compared to the previous year.
- Sales Volume: The company sold a total of 68,89,047 units of two-wheelers during the year, which represents an increase of 18.6% compared to the previous year.
- Market Share: The company maintained its position as the market leader in the Indian two-wheeler market, with a market share of 35.5%.
- Investments: The company made several strategic investments during the year, including a 26% stake in Ather Energy, an electric vehicle start-up, and a 60% stake in Hewland Engineering, a UK-based gearbox manufacturer.
Hero Motocorp Share Price Target 2023
Hero MotoCorp is the world’s largest manufacturer of two-wheelers, producing over 6 million motorcycles and scooters annually.The company was founded in 1984 and was initially a joint venture between Hero Cycles of India and Honda of Japan. The joint venture was dissolved in 2010, and Hero MotoCorp became an independent company.
Hero MotoCorp share price target 2023 are as follows –
| Target Year | 1st Target | 2nd Target |
|---|---|---|
| 2023 | ₹2850 | ₹3030 |
Hero Motocorp Share Price Target 2024
Hero MotoCorp is committed to sustainability and has implemented several initiatives to reduce its environmental impact, such as using renewable energy sources in its manufacturing facilities and developing more fuel-efficient engines.
Hero MotoCorp share price target 2024 are as follows –
| Target Year | 1st Target | 2nd Target |
|---|---|---|
| 2024 | ₹3080 | ₹3250 |
Hero Motocorp Share Price Target 2025
The company has a strong focus on research and development, with multiple R&D centers in India and around the world. The company also collaborates with several international partners to develop new technologies and products.
Hero MotoCorp share price target 2025 are as follows –
| Target Year | 1st Target | 2nd Target |
|---|---|---|
| 2025 | ₹3290 | ₹3450 |
Hero Motocorp Share Price Target 2026
Hero MotoCorp has a global presence and sells its products in over 40 countries. The company has also established joint ventures with companies in other countries, including Japan, Austria, and Germany.
Hero MotoCorp share price target 2026 are as follows –
| Target Year | 1st Target | 2nd Target |
|---|---|---|
| 2026 | ₹3510 | ₹3640 |
Hero Motocorp Share Price Target 2027
The company is committed to sustainability and has implemented several initiatives to reduce its environmental impact, such as developing more fuel-efficient engines and using renewable energy sources in its manufacturing facilities.
Hero MotoCorp share price target 2027 are as follows –
| Target Year | 1st Target | 2nd Target |
|---|---|---|
| 2027 | ₹3680 | ₹3800 |
Hero Motocorp Share Price Target 2030
Hero MotoCorp’s business model is focused on delivering high-quality motorcycles and scooters to its customers while maintaining a strong focus on innovation, customer service, and sustainability.
Hero MotoCorp share price target 2030 are as follows –
| Target Year | 1st Target | 2nd Target |
|---|---|---|
| 2030 | ₹4200 | ₹4360 |
Joint venture & Subsidiaries of Hero Motocorp Limited
Hero MotoCorp Ltd has established several joint ventures and subsidiaries over the years. Here are a few notable :
- Hero Honda Motors Ltd: Hero Honda Motors Ltd was a joint venture between Hero Cycles of India and Honda of Japan, established in 1984. The joint venture was dissolved in 2010, and Hero MotoCorp became an independent company.
- Hero FinCorp Ltd: Hero FinCorp Ltd is a subsidiary of Hero MotoCorp Ltd that offers retail financing solutions for two-wheelers, three-wheelers, and other products. The company was established in 1991 as Hero Honda FinLease Ltd and was renamed Hero FinCorp in 2014.
- Hero Future Energies Pvt Ltd: Hero Future Energies Pvt Ltd is a subsidiary of Hero MotoCorp Ltd that focuses on renewable energy solutions. The company was established in 2012 and has operations in India and other countries.
- Hero Realty Ltd: Hero Realty Ltd is a subsidiary of Hero MotoCorp Ltd that focuses on real estate development. The company has developed several residential and commercial properties in India.
- Hero Electric Vehicles Pvt Ltd: Hero Electric Vehicles Pvt Ltd is a joint venture between Hero MotoCorp Ltd and Alpha Design Technologies Pvt Ltd, established in 2019. The joint venture focuses on developing electric two-wheelers for the Indian market.
- Hero Motors Company (HMC) Austria GmbH: Hero Motors Company (HMC) Austria GmbH is a subsidiary of Hero MotoCorp Ltd that focuses on developing high-performance motorcycles. The company was established in 2015 and is based in Stephanskirchen, Austria.
Dividend History of Hero Motocorp Limited
summary of the company’s dividend history over the past few years:
- Financial Year 2022-23: The company declared a dividend of Rs. 35 per share.
- Financial Year 2021-22: The company declared a dividend of Rs. 65 per share.
- Financial Year 2020-21: The company declared a dividend of Rs. 65 per share.
- Financial Year 2019-20: The company declared a dividend of Rs. 55 per share.
- Financial Year 2018-19: The company declared a dividend of Rs. 55 per share.
- Financial Year 2017-18: The company declared a dividend of Rs. 55 per share.
Future of Hero Motocorp Share
The future of Hero MotoCorp Ltd looks promising as the company continues to expand its global footprint, invest in research and development, and focus on sustainability.Here are a few factors that may shape the future of Hero MotoCorp:
- Electric vehicles: The demand for electric vehicles is increasing worldwide, and Hero MotoCorp has already launched several electric scooter models. The company is likely to focus more on developing and launching electric vehicles in the future, especially in markets where there is a high demand for eco-friendly transportation.
- Expansion in emerging markets: Hero MotoCorp has been expanding its operations in emerging markets, such as Africa and Latin America, where there is a growing demand for two-wheelers. The company may continue to invest in these markets in the future to increase its global market share.
- Technological advancements: Hero MotoCorp is investing in research and development to develop new technologies that enhance the performance, safety, and sustainability of its products. The company may continue to focus on technological advancements to stay ahead of the competition and meet changing customer needs.
- Partnerships and collaborations: Hero MotoCorp has established joint ventures with companies in Japan, Austria, and other countries. The company may continue to explore partnerships and collaborations in the future to expand its product offerings and enter new markets.
Risk of Hero Motocorp Share
Hero MotoCorp Ltd faces several risks that could impact its operations, financial performance, and future prospects. Here are a few of the main risks facing the company:
- Competition: Hero MotoCorp operates in a highly competitive industry, and faces competition from other major motorcycle and scooter manufacturers. Intense competition could impact the company’s market share, pricing power, and profitability.
- Regulatory changes: Changes in regulations, such as emission standards, safety standards, or import/export regulations, could impact Hero MotoCorp’s operations and increase its costs.
- Economic slowdowns: Economic downturns or recessions could lead to a decline in demand for motorcycles and scooters, which could impact Hero MotoCorp’s sales and financial performance.
- Raw material prices: Fluctuations in the prices of raw materials, such as steel, aluminum, and rubber, could impact the company’s profitability and increase its costs.
- Currency risk: Hero MotoCorp operates in multiple countries, which exposes it to fluctuations in currency exchange rates that could impact its financial performance.
- Technology disruption: Rapid advancements in technology, such as electric vehicles, self-driving vehicles, or new mobility solutions, could disrupt the traditional motorcycle and scooter market and impact Hero MotoCorp’s future prospects.
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