Contrary to popular opinion about multinationals a few years ago, Motilal Oswal AMC chose to back Hero Honda as its biggest investment. The two-wheeler company‘s plans to double capacity and focus on mobility led to the decision, said Taher Badshah of Motilal Oswal AMC.
Coal India, Tata Steel, Axis Bank, HUL and Hero MotoCorp were top gainers while Wipro, Sun Pharma, Lupin, ITC and Bajaj Auto were losers in the Sensex.
Raamdeo Agrawal, joint MD of Motilal Oswal Financial Services is a great believer of power of value migration.
Showing roughly 33 products - some ready and others forthcoming - in the space of six-odd months is no mean feat
Brijmohan Lall Munjal is no stranger to adversity. For a man who found his feet in post-Independence India and, today, has a personal wealth of more than $2.2 billion, he would have faced challenges of varying hues and magnitudes.
Automakers sold 139,632 cars in India last month, according to data from the Society of Indian Automobile Manufacturers (SIAM), with demand dropping for the eighth straight month.
Doshi says he will selectively buy Hero Honda, Maruti, Bajaj Auto, TCS, HDFC and IndusInd Bank, and cement stocks.
KRChoksey has come with its September quarterly earning estimates for auto sector. According to the research firm, it was a mixed quarter for the overall Auto industry with higher crude prices & higher interest rates playing as the spoil sport.
Rajesh Agarwal, Eastern Financiers is of the view that maximum TVS Motor can go upto Rs 48-49.
Maruti Suzuki can test Rs 1115, says Anu Jain of IIFL Private Wealth Management.
In an interview to CNBC-TV18, Vishal B Malkan, CMT, www.malkansview.com bets on good results from the banking sector and picks Kotak Bank as a top performer. Besides this, Malkan also thinks that the auto and pharma sector has to take a lead if the market has to go up. He suggests TCS as a good buy.
KRChoksey has come with its quarterly earning estimates on auto sector for March 2012. The research firm expects a robust quarter mainly driven by healthy volume growth & better realizations.
For most of us investing in stock market is a fascinating investment option. We always look to invest in those stocks which can fetch handsome returns. Mutlibaggers are stocks which have the potential to earn multifold returns in a stipulated period of time.
It is no longer shackled by its 27-year old joint venture Hero Honda. That is reason enough for HMSI to begin working on making its dreams of becoming the number-one two-wheeler player in India a reality, reports CNBC-TV18's Swati Khandelwal Jain.
Tata Motors can move down to Rs 174, says Anu Jain of IIFL Private Wealth Management.
Piyush Garg, chief investment officer at ICICI Securities joins CNBC-TV18 to opine on where our market is headed and what could move our market.
The country's largest two-wheeler maker Hero MotoCorp today said it will soon start selling the first 'Hero' branded bike to be launched after the break-up of Hero Honda last year - Impulse - in the Indian market at Rs 66,800 (ex-Delhi showroom).
With the earning season setting in this week, the surprise or shock question is the buzz on the street. In an exclusive interview to CNBC-TV18, Suresh Mahadevan, managing director and head of Indian equities at UBS Securities says the earning season is going to be a 'big negative surprise'.
In an interview to CNBC-TV18, Jagdish Malkani, member, BSE and NSE said, one cannot predict the market now. “There are too many imponderables, but the fall is overdone,” he added. According to him, 4,700 will be protected.
The past week saw the Nifty rally to 5100, but it sharply cut its gains on Friday post two important global cues. According to Anu Jain of IIFL Private Wealth Management, as long as the Nifty holds 4850, there is hope for the pull back to 5240 odd levels.
Moneycontrol.com initiative, Know Your Investment, helps investors to take a prudent call on their investments.
Hero Motocrop and Maruti Suzuki top picks in auto space, says Prakash Diwan, Head - Institutional Clients Group, Asit C Mehta Investment.
After three months of breaking ties with Honda, the Hero group is all set for a new beginning a solo entry into the world. The company is all set to unveil its brand and logo at mega event in UK, reports CNBC-TV8’s Swati Khandelwal Jain.
Rajan Malik, Head equities- Private client group, MF Global feels investors can buy Hero Honda or Bajaj Auto.
TVS Motor has target of Rs 64-65, says Siddharth Bhamre of Angel Broking.