Current price is less than the intrinsic value

Intrinsic value

Stock has been generating better return on equity than bank FD

ROE vs FD rates

Dividend Returns

Good time to consider, as stock is not in overbought zone

Entry point

Stock not in ASM/GSM lists and not a lot of promoter holding is pledged

No Red Flags

The country’s largest two wheeler maker Hero MotoCorp on Wednesday said it has commenced deliveries of its electric scooter VIDA V1 in Delhi after having started the process in Bengaluru and Jaipur.

Hero MotoCorp starts deliveries of e-scooter VIDA in Delhi; aims expansion

Hero MotoCorp commences deliveries of electric scooter VIDA in Delhi

“We have completed the first phase of our plan with commencement of deliveries in all three cities...Our next target is to expand our sales and charging network in India and global markets,” Hero MotoCorp Head - Emerging Mobility Business Unit (EMBU) Swadesh Srivastava said in a regulatory filing.

Hero MotoCorp commences deliveries of electric scooter VIDA in Delhi; aims rapid expansion of charging infra

Hero MotoCorp had launched VIDA V1 in October last year in two variants Pro and Plus. VIDA V1 competes with the likes of OLA S1 Pro, Ather 450X and TVS iQube.

Hero MotoCorp commences deliveries of electric scooter VIDA in Delhi; aims rapid expansion of charging infrastructure

EV: It also announces 100cc bike to compete with Hero MotoCorp, Bajaj Auto & TVS Motor in low-end segment

Honda Motorcycle set to join two-wheeler EV race by March next year

Stocks to watch: India Grid Trust, Reliance Ind, Adani Enterprises, YES Bank, Hero MotoCorp, etc.

Stocks that will see action on January 23, 2023

Hero MotoCorp on Sunday said it has commenced deliveries of its electric scooter VIDA V1 in Jaipur with plans to introduce the brand in many other locations this year.

Hero MotoCorp commences delivery of electric scooter VIDA V1 in Jaipur

Hero MotoCorp on Sunday said it has commenced deliveries of its electric scooter VIDA V1 in Jaipur with plans to introduce the brand in many other locations this year. The country’s largest two-wheeler maker had earlier commenced deliveries of the model in Bengaluru.

Hero MotoCorp commences delivery of e-scooter VIDA V1 in Jaipur

Benchmark indices ended lower in the second consecutive session today.

Adani Enterprises, Axis Bank, Hindalco Industries, JSW Steel and TCS were among the top losers on the Nifty, while gainers were Tech Mahindra, Infosys, HCL Technologies, Wipro and Hero MotoCorp.

Among sectors, except IT, power and PSU bank, all other sectoral indices ended in the red.

BSE midcap and smallcap indices ended on flat note.

#marketclosingbell #sensex #nifty #cnbctv18 #businessnews #businessnewstoday #businessnewsinenglish #sharemarkettoday   

About CNBC-TV18: India's leading business news channel, CNBC-TV18 offers the most comprehensive coverage of businesses, the economy and the financial markets. Catch all your favourite shows, exclusive videos, big-ticket interviews and more here. 

You can also connect with CNBC-TV18 News Online
Catch the latest news: https://bit.ly/2YbpXBM

Follow CNBC-TV18 round the clock: https://www.cnbctv18.com/live-tv/

Stay updated with all the market action in real time: https://www.cnbctv18.com/market-live/

You can also stay updated with all the latest news on-the-go with CNBC-TV18 Minis: https://www.cnbctv18.com/minis/

n18oc_business

Nifty Ends Below 17,900, Sensex Falls 168 Points, I.T. Stocks Gain, Metals Drag | NSE Closing Bell

Auto Expo 2023: Green energy in spotlight amid the focus by Govt on ethanol blending ET Now’s Srishti Sharma shares a sneak peek into products showcased like Maruti Suzuki’s Wagon R and the 2-wheelers by Suzuki, Honda, Hero MotoCorp and Bajaj

Auto Expo 2023: Green energy in spotlight amid the focus by Govt on ethanol blending

Based on the OI percentage, 52 stocks saw long unwinding on Tuesday, including Hero MotoCorp, Indiabulls Housing Finance, GNFC, M&M Financial Services, and RBL Bank

Trade setup for today: Top 15 things to know before the opening bell

Hero MotoCorp Limited is a two-wheeler manufacturer. The Company manufactures and sells motorized two wheelers up to 350 cubic centimeters (cc) engine capacity, spare parts and related services.

Hero MotoCorp Ltd

Hero MotoCorp Ltd

Intrinsic value
Intrinsic value is the calculated value of the company and may differ from current stock price. If intrinsic value > current price, price increase is expected in the future to reduce the gap and vice-versa

ROE vs FD rates
Fixed Deposit rate is a virtually risk-free rate where the investor assumes almost no risk on their investment. If stock's long term average ROE is lower than this rate, investors are better off investing the amount in a FD

Dividend Returns
A dividend is the distribution of reward from a portion of company's earnings and is paid to its shareholders. Good dividend returns indicate good health and outlook for the company

Entry point
High demand for a stock increases its price. If the price is pushed up to a level which is not justified, then it's considered to be in the overbought zone, which is not a good time to buy the stock

News & Opinions

Hero MotoCorp starts deliveries of e-scooter VIDA in Delhi; aims expansion

Hero MotoCorp commences deliveries of electric scooter VIDA in Delhi

Hero MotoCorp commences deliveries of electric scooter VIDA in Delhi; aims rapid expansion of charging infra

Hero MotoCorp commences deliveries of electric scooter VIDA in Delhi; aims rapid expansion of charging infrastructure

Honda Motorcycle set to join two-wheeler EV race by March next year

Stocks that will see action on January 23, 2023

Hero MotoCorp commences delivery of electric scooter VIDA V1 in Jaipur

Hero MotoCorp commences delivery of e-scooter VIDA V1 in Jaipur

News Video

Nifty Ends Below 17,900, Sensex Falls 168 Points, I.T. Stocks Gain, Metals Drag | NSE Closing Bell

Auto Expo 2023: Green energy in spotlight amid the focus by Govt on ethanol blending

Hero MotoCorp Ltd

Intrinsic valueIntrinsic value is the calculated value of the company and may differ from current stock price. If intrinsic value > current price, price increase is expected in the future to reduce the gap and vice-versa

ROE vs FD ratesFixed Deposit rate is a virtually risk-free rate where the investor assumes almost no risk on their investment. If stock's long term average ROE is lower than this rate, investors are better off investing the amount in a FD

Dividend ReturnsA dividend is the distribution of reward from a portion of company's earnings and is paid to its shareholders. Good dividend returns indicate good health and outlook for the company

Entry pointHigh demand for a stock increases its price. If the price is pushed up to a level which is not justified, then it's considered to be in the overbought zone, which is not a good time to buy the stock

News & Opinions

Hero MotoCorp starts deliveries of e-scooter VIDA in Delhi; aims expansion

Hero MotoCorp commences deliveries of electric scooter VIDA in Delhi

Hero MotoCorp commences deliveries of electric scooter VIDA in Delhi; aims rapid expansion of charging infra

Hero MotoCorp commences deliveries of electric scooter VIDA in Delhi; aims rapid expansion of charging infrastructure

Honda Motorcycle set to join two-wheeler EV race by March next year

Stocks that will see action on January 23, 2023

Hero MotoCorp commences delivery of electric scooter VIDA V1 in Jaipur

Hero MotoCorp commences delivery of e-scooter VIDA V1 in Jaipur

News Video

Nifty Ends Below 17,900, Sensex Falls 168 Points, I.T. Stocks Gain, Metals Drag | NSE Closing Bell

Auto Expo 2023: Green energy in spotlight amid the focus by Govt on ethanol blending

Intrinsic value
Intrinsic value is the calculated value of the company and may differ from current stock price. If intrinsic value > current price, price increase is expected in the future to reduce the gap and vice-versa

ROE vs FD rates
Fixed Deposit rate is a virtually risk-free rate where the investor assumes almost no risk on their investment. If stock's long term average ROE is lower than this rate, investors are better off investing the amount in a FD

Dividend Returns
A dividend is the distribution of reward from a portion of company's earnings and is paid to its shareholders. Good dividend returns indicate good health and outlook for the company

Entry point
High demand for a stock increases its price. If the price is pushed up to a level which is not justified, then it's considered to be in the overbought zone, which is not a good time to buy the stock