Hero Motor Co Share Worth As we speak on 26-11-2024: Hero Motor Co share value are down by -0.02%, Nifty down by -0.01%

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Abhishek Mukherjee
Abhishek Mukherjeehttps://www.hospitalitycareerprofile.com/
Abhishek Mukherjee is a seasoned market analyst with a deep understanding of financial trends and economic shifts. With years of experience in the field, Abhishek brings insightful analysis and up-to-date market news to help readers stay informed. His expertise spans stock markets, financial forecasts, and economic policy changes, making him a trusted voice in the industry.
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Hero Motor Co Share Worth As we speak on 26-11-2024: At 26 Nov 11:26 as we speak, Hero Motor Co shares are buying and selling at value 4860, -0.02% down from the earlier closing value. Sensex is buying and selling at 80034.48, down by -0.09%. The inventory has hit a excessive of 4881.65 and a low of 4801 throughout the day.

On the technical entrance, the inventory is buying and selling above the 5,10,20 days SMA & decrease than the 50,100,300 day SMA. The inventory could have assist at 5,10,20 days SMA & face resistance at 50,100,300 days SMA

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The SMA values for the inventory are given under :

The basic pivot degree evaluation reveals that on a every day time-frame, the inventory has key resistances at 4912.17, 4957.23, & 5005.82, whereas it has key assist ranges at 4818.52, 4769.93, & 4724.87.

Until 11 AM as we speak, the amount traded on NSE & BSE for Hero Motor Co was -87.41% decrease than the earlier buying and selling session. Quantity traded is a vital indicator together with value to check developments. Constructive value motion with larger quantity suggests a sustainable upmove, and damaging value motion with larger quantity may be a sign of additional decline in costs.

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Total, as per Mint technical evaluation, The inventory is indicating a pattern reversal after a powerful downtrend..

From a basic evaluation perspective, the corporate has a ROE of 21.80% & ROA of 14.95% respectively.The present P/E of the inventory is at 23.52 & P/B is at 5.11.

The median 1-year forecasted upside on this share is at 9.32% with a goal value of 5313.00.

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The corporate has a 0.00% promoter holding, 14.57% MF holding, & 29.58% FII holding as per filings within the september quarter.

The MF holding has elevated from 13.75% in june to 14.57% within the september quarter.

The FII holding has decreased from 29.86% in june to 29.58% within the september quarter.

Hero Motor Co share value down -0.02% as we speak to commerce at 4860 whereas its friends are combined. Its friends comparable to Eicher Motors, Okay Play India are falling as we speak, however its friends TVS Motor Co, Tube Investments Of India are on the rise. Total, benchmark indices Nifty & Sensex are down -0.01% & -0.09% every respectively.

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