HEROMOTOCO - IntraDay Trade Analysis with Live Signals
Back to ListIntraDay Trade Rating: 3.7
| Stock Code | HEROMOTOCO | Market Cap | 1,08,341 Cr. | Current Price | 5,415 ₹ | High / Low | 6,390 ₹ |
| Stock P/E | 21.5 | Book Value | 1,051 ₹ | Dividend Yield | 3.05 % | ROCE | 31.5 % |
| ROE | 23.8 % | Face Value | 2.00 ₹ | DMA 50 | 5,586 ₹ | DMA 200 | 5,325 ₹ |
| Chg in FII Hold | 0.67 % | Chg in DII Hold | -0.04 % | PAT Qtr | 1,439 Cr. | PAT Prev Qtr | 1,393 Cr. |
| RSI | 46.1 | MACD | -73.4 | Volume | 4,05,043 | Avg Vol 1Wk | 4,66,965 |
| Low price | 3,323 ₹ | High price | 6,390 ₹ | PEG Ratio | 0.93 | Debt to equity | 0.01 |
| 52w Index | 68.2 % | Qtr Profit Var | 19.6 % | EPS | 247 ₹ | Industry PE | 29.0 |
📊 Analysis: HEROMOTOCO is trading at ₹5,415, below its 50 DMA (₹5,586) but slightly above its 200 DMA (₹5,325), showing mixed signals. RSI at 46.1 indicates neutral momentum, while MACD (-73.4) remains negative, suggesting bearish bias. Current volume (4.05 Lakh) is below the weekly average (4.66 Lakh), reflecting reduced intraday participation. Valuation is moderate with a P/E of 21.5 compared to industry PE of 29.0, supported by strong fundamentals.
💡 Optimal Buy Price: ₹5,380–₹5,400 if support holds.
🎯 Profit-Taking Levels: ₹5,480 (first resistance), ₹5,525 (second resistance).
🛡️ Stop-Loss: ₹5,350 (below intraday support).
⏱️ If Already Holding: Exit near ₹5,480 if momentum stalls or RSI fails to cross 50 intraday. If price breaks below ₹5,350 with volume, cut positions quickly to protect capital.
Positive
- Strong ROCE (31.5%) and ROE (23.8%) highlight efficient capital use.
- Low debt-to-equity ratio (0.01) ensures financial stability.
- Quarterly PAT growth from ₹1,393 Cr. to ₹1,439 Cr. shows earnings improvement.
- Dividend yield of 3.05% adds investor confidence.
- FII holdings increased (+0.67%), reflecting foreign investor support.
Limitation
- Trading below 50 DMA signals short-term weakness.
- MACD remains negative, showing bearish momentum.
- DII holding decreased (-0.04%), showing reduced domestic institutional interest.
Company Negative News
- Weak technical momentum with RSI and MACD in bearish zones.
- Stock corrected significantly from 52-week high of ₹6,390.
Company Positive News
- Quarterly profit variation of 19.6% indicates strong earnings momentum.
- EPS of ₹247 supports long-term valuation strength.
Industry
- Automobile sector benefits from rising demand in two-wheelers and rural consumption.
- Industry PE at 29.0 indicates HEROMOTOCO trades at a discount compared to peers.
Conclusion
⚖️ HEROMOTOCO has strong fundamentals and attractive valuation relative to peers but weak intraday momentum. It is a cautious intraday candidate with limited upside unless volume improves. Best suited for quick trades near support levels with strict stop-loss discipline.
Selva, this one looks like a fundamentally strong but technically weak intraday setup. If you’d like, I can prepare a peer benchmarking overlay (Bajaj Auto, TVS Motor, Eicher Motors) to compare intraday strength across the two-wheeler basket. That way, you’ll know if HEROMOTOCO is lagging or leading its sector peers today. Would you like me to generate that comparison?