Honda is set to sell its 26% stake in Hero at half the ruling price which is in the market, at Rs 739.97 per share. PE equity firms Bain Capital and GIC are said to be investing in Hero Investments.
Vineet Hetamasaria of PINC Research in an interview on CNBC-TV18, gave his take as to what extent analysts will see further losses in Hero Honda or if the discount is already built into the stock price. Below is a verbatim transcript of his interview with CNBC-TV18Discover the latest Business News, Sensex, and Nifty updates. Obtain Personal Finance insights, tax queries, and expert opinions on Moneycontrol or download the Moneycontrol App to stay updated!