Recommendation Buy
Current Market Price (Rs.) 844.25
Target Price (Rs.) 884.00
We are bullish on Hero Honda and recommend a buy in the scrip with a target price of Rs.884 in the short to medium term. We have learnt from reliable sources that the company has been doing well in two wheeler sales and Hero Honda dealers are incrementally bullish that sales would be strengthened further in the ensuing festival season.
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