HERO MOTOCORP – “Momentum Backed by Premium Strategy”

continues its upward march as premium product launches (Karizma XMR, Harley collaboration models) boost image and margins. Festive sales were extremely strong, supporting revenue visibility. Technical View: Stock surged past ₹5900 and is heading towards ₹6100–6200 resistance. RSI ~74 shows strong momentum. Support levels: ₹5700 and ₹5550. Breakout is clean with rising volume — bulls still in control. Fundamentals: Net profit has improved sharply, premium segment share is rising, and rural recovery adds support. Balance sheet is debt-free with high cash reserves. EV subsidiary Hero Vida progress remains positive. Analyst View: Brokerages remain Bullish with targets between ₹6200–6500. Considered one of the strongest auto plays for FY25–26.