HEROMOTOCO - IntraDay Trade Analysis with Live Signals
Back to ListIntraDay Trade Rating: 4.0
| Stock Code | HEROMOTOCO | Market Cap | 1,17,036 Cr. | Current Price | 5,852 ₹ | High / Low | 6,390 ₹ |
| Stock P/E | 24.4 | Book Value | 1,051 ₹ | Dividend Yield | 2.82 % | ROCE | 31.5 % |
| ROE | 23.8 % | Face Value | 2.00 ₹ | DMA 50 | 5,700 ₹ | DMA 200 | 5,247 ₹ |
| Chg in FII Hold | 0.67 % | Chg in DII Hold | -0.04 % | PAT Qtr | 1,393 Cr. | PAT Prev Qtr | 1,126 Cr. |
| RSI | 58.8 | MACD | -35.6 | Volume | 5,04,827 | Avg Vol 1Wk | 4,78,194 |
| Low price | 3,323 ₹ | High price | 6,390 ₹ | PEG Ratio | 1.05 | Debt to equity | 0.01 |
| 52w Index | 82.5 % | Qtr Profit Var | 15.7 % | EPS | 240 ₹ | Industry PE | 30.0 |
📊 Analysis: HEROMOTOCO shows strong fundamentals with high ROCE (31.5%) and ROE (23.8%), supported by low debt-to-equity (0.01) and healthy dividend yield (2.82%). RSI at 58.8 indicates bullish momentum, though MACD at -35.6 signals short-term weakness. Price is trading above both 50 DMA (5,700 ₹) and 200 DMA (5,247 ₹), suggesting strong support. Volume is slightly above weekly average, showing active participation. Intraday trading looks favorable with cautious monitoring of MACD.
💹 Optimal Buy Price: 5,830–5,860 ₹ (near support zone).
🎯 Profit-Taking Levels: 5,900 ₹ (first target), 5,950 ₹ (second target).
🛡️ Stop-Loss: 5,800 ₹ (to protect downside risk).
⏱️ If Already Holding: Consider exiting intraday if price fails to sustain above 5,900 ₹ or if MACD weakness deepens. A drop in volume with sideways price action also signals exit. Quick profit booking is advised near resistance levels.
✅ Positive
- Strong ROCE (31.5%) and ROE (23.8%) highlight efficient capital use.
- Low debt-to-equity (0.01) ensures financial stability.
- Dividend yield of 2.82% adds investor confidence.
- Quarterly PAT growth from 1,126 Cr. to 1,393 Cr. shows earnings momentum.
- EPS of 240 ₹ supports valuation strength.
⚠️ Limitation
- MACD (-35.6) indicates short-term bearish sentiment.
- P/E of 24.4 is slightly below industry average (30.0), suggesting limited valuation upside.
- Price near upper range of 52-week index (82.5%) may cap further gains.
📉 Company Negative News
- DII holding decreased by -0.04%, showing slight reduction in domestic institutional support.
📈 Company Positive News
- FII holding increased by 0.67%, reflecting foreign investor confidence.
- Quarterly profit variation of 15.7% indicates strong earnings growth.
🏭 Industry
- Automobile sector remains resilient with demand recovery in two-wheelers.
- Industry P/E at 30.0 is higher than HEROMOTOCO’s 24.4, suggesting relative undervaluation.
🔎 Conclusion
HEROMOTOCO is fundamentally strong and shows favorable intraday potential with bullish RSI and strong support above DMA levels. Traders may attempt quick scalps near support with tight stop-losses. Profit booking should be swift if resistance levels are tested, as MACD weakness could limit upside momentum.