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Emkay advises: How to trade 5 stocks post March quarter earnings

Thu, May 02, 2013 at 11:19

| Source: Moneycontrol.com
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Hero MotoCorp

Rating: BUY

Target Price: Rs 2200

Rationale: The compant beat Q4 EBITDA estimate by 7% on the back of a richer product mix and a favorable Yen. Demand environment remains weak and FY14 volume growth over 5% would be a challenge However, concerns over loss of market share of the company are overdone

 

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