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Hero MotoCorp East-Narrow: Hero MotoCorp Limited announced the first dividend of Rs 25, interim dividend of Rs 75 and a final dividend of Rs 40 for the financial year 2023-24.
Hero MotoCorp Share Trade X-Dividend Today today: Payment date and main details
Hero MotoCorp interim dividend record date: Head 2-wheeler manufacturer Hero MotoCorp Limited has announced an interim dividend of Rs 100 per equity (5000 percent) for the financial year 2024-25. The company declared a cash prize for shareholders in the third quarter income of FY2024-25.
Hero MotoCorp Limited shares will be in the focus today due to today’s pre-inter-state date, February 12, 2025. The east-day is on or after that the dividend loses its value for payment to shareholders. Investors only get dividends when they buy stocks before the pre-resolution date.
Hero MotoCorp Interim Dividend 2025 Record Date
Hero MotoCorp Limited has fixed on February 12, 2025, which is as a record date to determine the entitlements of members for payment of interim dividends.
Hero MotoCorp Interim Dividend 2025 Payment Date
Payment of interim dividends will be completed by March 08, 2025.
Hero MotoCorp Q3 Results FY2024-25
The company’s revenue from operation for the quarter. 10,211 crores, this is the third consecutive quarter when the company has reported revenue above Rs 10,000 crore. In addition, the Ebitda margin expanded compared to the previous year and was 14.5%. Benefits after tax (PAT) Rs. 1,203 crore, increased by 12% compared to the previous year.
Integrated revenue and PAT for the quarter were Rs 10,260 crore and Rs 1,108 crore respectively. Q3 FY’25 earnings before interest, tax, depreciation and refinement (EBITDA). 1,476 crore, 8%increase.
14.64 lakh units were sold in motorcycles and scooters Q3 FY’25 (vs 14.60 lakh units Q3Fy’24).
Hero MotoCorp Dividend History
Hero MotoCorp Limited announced a special dividend of Rs 25, interim dividend of Rs 75 and final dividend of Rs 40 for the financial year 2023-24.
Hero Motocarp Share Price
Hero MotoCorp Limited shares settled on Tuesday, February 11, 2025 at Rs 4082.15 per share. The 52 -week movement of the stock has a high of Rs 6,245 and a high of Rs 3,999.
Should you buy, sell or catch Hero MotoCorp shares?
City has continued with its ‘buy’ call on stock, with the target price from Rs 6,300 per share to Rs 5,400 per share. According to brokerage, the company’s Q3 performance was ahead of a positive attitude for estimates behind the stable margin and rural demand. In addition, Brokerage reported that the company’s market share may continue to face pressure as the competitive landscape is challenging. Similarly, brokerage has dropped its volume forecasts over FY25–27 to 4 percent.
Morgan Stanley, meanwhile, remains a ‘low weight’ on the stock, with a target of Rs 4,110 per share.
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