BSE Code: | NSE Code: | ISIN: | Sector:
Research Report Detail
|Report Date||Call||Price@Call||Target Price
|Current Status||Time Horizon|
|Target Hit|| Long (1Y)
Religare maintains buy on Hero MotoCorp
The new research and development centre in Jaipur boasts a best-in-class launchpad for new models. Maintain our positive outlook on the two-wheeler sector and reiterate "buy" on Hero MotoCorp. Value the stock at 16 times one-year forward earnings.