Hero Moto stock price: Will Street re-rate Hero Moto stock once headwinds abate?

Hero MotoCorp is the largest two-wheeler manufacturer in the world based on volumes. The company manufactures motorcycles and scooters in six plants in India, one in Columbia and one in Bangladesh. It sold 49.44 lakh units in FY22.

Synopsis

In the past three years, Hero MotoCorp has been India’s only listed two-wheeler stock that has given its shareholders single-digit returns. While the stocks of other two-wheeler companies have given double-digit returns in the trailing three-year period, the stock of Hero MotoCorp has underperformed every one of them.

From high raw material costs, erratic monsoon to disruption in supply chain, Hero MotoCorp has been facing multiple headwinds. Once these abate, will the market again re-rate the stock?Hero MotoCorp is the largest two-wheeler manufacturer in the world based on volumes. The company manufactures motorcycles and scooters in six plants in India, one in Columbia and one in Bangladesh. It sold 49.44 lakh units in FY22. According to the FY21 annual

BY

Gaurav Jain & Parimal Ade

ET CONTRIBUTORS

10 mins read, Last Updated:

Jul 14, 2022, 01:22 PM IST

Gift A Story

Share member-only stories with your friends or family and help them read it for free.

Gifting Limit Reached!

Hey , no more stories left for you to gift.

No worries! You will get a limit of 15 stories next month to share with your friends and family.

Gift This Story

Stories Left!

You can gift upto 15 stories in a month.

• FONT SIZE

  AbcSmall

  AbcMedium

  AbcLarge

• SAVE
• PRINT
• COMMENT

Continue reading with one of these options:

Limited Access

Free

Login to get access to some exclusive stories
& personalised newsletters

Login Now

Unlimited Access

Starting @ Rs120/month

Get access to exclusive stories, expert opinions &
in-depth stock reports

Subscribe Now

To read full story, subscribe to ET Prime

Get Unlimited Access to The Economic Times

₹34 per week

Billed annually at
₹2499 ₹1749

Continue

Already a Member? Sign In now

Already a Member? Sign In now

Sign in to read the full article

You’ve got this Prime Story as a Free Gift

Rs 49 for 1st month

Then Rs. 1,749 per year

SUBSCRIBE NOW

Valid only with UPI, Credit & Debit Cards Autopay

Choose Payment Mode & Plan

–

–

–

Subscribe Now

(Credit card mandatory)

You can cancel your subscription anytime

–

–

–

Subscribe Now

(Pay Using Netbanking/UPI/Debit Card)

Netbanking, Credit & Debit Card

Subscribe with Google

₹399/month

Monthly
PLAN

Billed Amount ₹399

₹399

₹208/month

(Save 49%)

Yearly
PLAN

Billed Amount ₹2,499

15
Days Trial
+Includes DocuBay and TimesPrime Membership.

₹399

₹150/month

(Save 63%)

2-Year
PLAN

Billed Amount ₹3,599

15
Days Trial
+Includes DocuBay and TimesPrime Membership.

Subscribe NowSubscribe with

Get ET Prime for just ₹2499 ₹1749/yr

Continue

BIG MONSOON OFFER

ET Prime Now at ₹104/-

PER MONTH

CLAIM OFFER

Why ?

• Exclusive Economic Times Stories, Editorials & Expert opinion across 20+ sectors

• Stock analysis. Market Research. Industry Trends on 4000+ Stocks

• Clean experience with
  Minimal Ads

• Comment & Engage with ET Prime community

• Exclusive invites to Virtual Events with Industry Leaders

• A trusted team of Journalists & Analysts who can best filter signal from noise