Here is Hero Motocorp Share Price History in Details.
- Hero MotoCorp is a leading two-wheeler manufacturer in India.
- The company was earlier known as Hero Honda, which was a joint venture between Hero Group and Honda Motor Company.
- In 2010, Honda sold its stake to Hero Group, and the company was renamed Hero MotoCorp.
- Hero MotoCorp went public in 2011 and got listed on the Bombay Stock Exchange (BSE) and the National Stock Exchange (NSE).
IPO of Hero motocorp
- The IPO was a massive success, and the company’s shares were oversubscribed multiple times.
- In the initial days, the share price remained volatile, but it started gaining traction in 2013.
- In September 2013, the share price crossed the Rs. 2,000 mark for the first time.
- The company’s shares hit an all-time high of Rs. 4,739 in September 2017.
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- However, the share price started declining after that due to various reasons, including the economic slowdown, regulatory changes, and the COVID-19 pandemic.
- In March 2020, the share price hit a low of Rs. 1,465 due to the market crash triggered by the pandemic.
- Since then, the share price has been recovering steadily and is currently hovering around Rs. 2,800.
- Hero MotoCorp has been paying dividends regularly to its shareholders, and the dividend yield has been around 2-3% in the last few years.
- Analysts are optimistic about the company’s future growth prospects, and many believe that it has the potential to become a global player in the two-wheeler market.
- Hero MotoCorp has a dominant market share in the Indian two-wheeler market, with over 37% market share as of FY 2020-21.
Products List of Hero Motocorp
- The company has a strong product portfolio, including popular models like Splendor, Passion, Glamour, and Xtreme.
- Hero MotoCorp has been focusing on expanding its international presence in recent years and has established manufacturing plants in countries like Colombia, Bangladesh, and Nigeria.
- The company has also been investing in R&D and innovation to develop new technologies and products to meet changing customer preferences and regulatory requirements.
- Hero MotoCorp has been actively pursuing sustainability and has set ambitious targets to reduce its carbon footprint and increase the usage of renewable energy sources in its operations.
- The company has also been involved in various CSR initiatives, including programs for education, healthcare, and community development.
Hero Motocorp Performance
- Despite the challenges posed by the pandemic, Hero MotoCorp reported a strong financial performance in FY 2020-21, with a 30% YoY growth in net profit and a 23% YoY growth in revenue.
- The company has also announced plans to invest over Rs. 10,000 crore in the next five years to drive growth and innovation.
- The future outlook for Hero MotoCorp’s share price depends on various factors, including the overall economic environment, regulatory changes, and the company’s ability to sustain its growth momentum and profitability.
- Investors interested in investing in Hero MotoCorp should conduct thorough research and analysis and consult with financial experts before making any investment decisions.
- Hero MotoCorp’s share price has been influenced by various factors over the years, including changes in the economic and political environment, competitive pressures, technological advancements, and market trends.
- In 2018, the Indian two-wheeler market witnessed a slowdown, which impacted the sales and profitability of companies like Hero MotoCorp. This led to a decline in the share price, which hit a low of around Rs. 2,400 in October 2018.
- However, the company’s management took several measures to address the challenges and improve the business performance. These included cost optimization, product innovation, and expansion in international markets.
- Hero MotoCorp’s efforts to diversify its product portfolio and enter new markets have been successful in some cases, such as the launch of the Hero Xtreme 160R, which received positive reviews from customers and experts.
- The company’s focus on sustainability has also been appreciated by stakeholders, and it has been recognized as one of the world’s most sustainable corporations by the Dow Jones Sustainability Indices (DJSI).
- Hero MotoCorp has been collaborating with various technology partners and startups to leverage emerging technologies like AI, IoT, and blockchain to enhance its products and services and improve its operational efficiency.
- The company has also been investing in its digital capabilities and online channels to reach out to customers and offer a seamless buying and servicing experience.
Hero MotoCorp’s share price history reflects its journey as a leading player in the Indian two-wheeler market, with its ups and downs influenced by various internal and external factors. Despite the challenges, the company has demonstrated resilience and adaptability, and its future growth prospects look promising. Investors should carefully evaluate the company’s performance and potential before investing in its shares.