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Houseviews: How to trade YES Bank, Ambuja Cements, Dabur & Hero post Q1 results

Thu, Jul 25, 2013 at 09:48

| Source: Moneycontrol.com
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Hero MotoCorp

Brokerage:
ICICI Direct

Rating: BUY

Target:
Rs 1935

Rationale: Going forward, from FY15E, HMCL’s margins are likely see an improvement as royalty to Honda ends after Q1FY15E and as the impact of the cost rationalisation drive undertaken by the management starts kicking in.

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