BSE Code: | NSE Code: | ISIN: | Sector:
Research Report Detail
|Report Date||Call||Price@Call||Target Price
|Current Status||Time Horizon|
|Bank of America Merrill Lynch
|Target Hit|| Long (1Y)
Bank of America Merrill Lynch maintains buy on Hero MotoCorp
Domestic growth and margin expansion assumptions may sustain. The stock is attractively valued at 9-times EV/EBITDA FY15. Buy with a target of Rs 2,255.