Tag Archives: IVV

Top 5 Value Stocks To Buy For 2023

Arihant Capital’s research report on Hero MotoCorp

Hero MotoCorp (HMCL) below estimates all front in Q1FY22. Weak realizations, Ebitda and Ebitda margins are below estimates. •Standalone revenue from operations grew by 84.7% YoY/-36.8% QoQ stood at INR 54,871 Mn in Q1 FY22 against our estimate of INR 57,945 Mn. Gross margin of the company decreased by 200bps YoY/-210bps QoQ at 27.5% due to commodity cost pressure. EBITDA grew by 376.5%YoY/-57.5QoQ to INR 5,148 Mn against our estimate of INR 6,793 Mn. EBITDA margin expanded by 575bps YoY/-456 QoQ to 9.4% Q1FY22 vs our estimate....More>>>