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Is Hero MotoCorp good to buy now?

Is Hero MotoCorp good to buy now?

Hero MotoCorp is a good proxy on the rural market recovery, with a stronghold in the 100cc Motorcycle segment. It has a low vulnerability to EVs as it gets just 8 percent of volumes from Scooters – the core 100cc motorcycle business is less prone to the EV disruption.

What is the future of Hero MotoCorp share?

Hero MotoCorp Limited quote is equal to 2274.400 INR at 2022-04-17. Based on our forecasts, a long-term increase is expected, the “HEROMOTOCO” stock price prognosis for 2027-04-12 is 2815.280 INR. With a 5-year investment, the revenue is expected to be around +23.78%.

How do I invest in Hero MotoCorp?

You can easily buy Hero MotoCorp shares in Groww by creating a demat account and getting the KYC documents verified online.

Is Hero Electric and Hero MotoCorp the same company?

Hero MotoCorp, India’s largest two-wheeler seller, has launched a brand for its electric vehicle (EV) segment to avoid legal complexities due to the ongoing arbitration with Hero Electric over the “Hero” brand name. Hero MotoCorp will launch its first two-wheeler scooter on July 1.

What is the lot size of Hero MotoCorp?

Snapshot Put Option of Hero MotoCorp Ltd.

Expiry date 28/04/2022 30/06/2022
Lot Size 300 300
Max Traded Strike Price/ Contracts 2200.00 / 797 2000.00 / 2
Previous Day Max Traded Strike Price/ Contracts 2300.00 / 2295 0 / 0
Total Put Contracts/ Previous 5251 / 7870 2 / 0

Will Heromotocorp increase share price?

If this Munafa value is near or nearing 100, then this stock might show an upward movement….Munafa value: 50 as on 22 Fri Apr 2022.

Strong resistance 3504
Strong resistance 3328
Strong resistance 3169
Strong resistance 3007
Strong resistance 2863

Who is owner of Hero MotoCorp?

Hero Motors CompanyHero MotoCorp / Parent organization