Hero MotoCorp
Industry Auto | Two-wheelers
Code NSE: HEROMOTO | BSE: 500182
Market Cap ₹ 31,600 Cr (USD 4.3 Bn)
1-year Return -36.4%
CMP First Reached Jan 2010
Date Added 7th April 2020
CM Framework Market Fire Sale
CMP ₹ 1,582
Recommendation Buy
Why we like this stock:
Market leader in two-wheelers, with lowest cost bikes Zero debt, healthy ROE>25%, Free Cash Flow positive 5,000 cr. or so in cash. Promoter holding consistent at 34.6%, no pledged shares Well-poised for BS-VI . . .