Who wrote this article?

Deepak Shenoy, Capitalmind's research team.

Hero MotoCorp Q2 EPS up 19%

19 Oct 2011Deepak Shenoy1 min read

Quick Facts

What is "Hero MotoCorp Q2 EPS up 19%" about?
What category is this article in?: Stocks
Who wrote this article?: Deepak Shenoy, Capitalmind's research team.
When was this article published?: Published 19 October 2011.
How long does this article take to read?: 1 min read
What topics does this article cover?: Sep2011

Hero MotoCorp (earlier Hero Honda) has announced decent results with a revenue growth of 28%, and EPS growth of 19.39%.

After a slowdown of sorts in the 2010 timeframe, growth has come back. The company is reasonably valued – at the price of Rs. 2085, they get a P/E of 20, which is close to their EPS growth. The trailing twelve month (TTM) EPS hasn’t grown much though, a matter of concern.

Disclosure: I have long positions.

Tagged:Sep2011