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

Thu, May 02, 2013 at 11:19

| Source:
Share   .   Email   .   Print      

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


Explore Moneycontrol

Copyright © Ltd. All rights reserved. Reproduction of news articles, photos, videos or any other content in whole or in part in any form or medium without express written permission of is prohibited.