BSE Code: | NSE Code: | ISIN: | Sector:

NSE
3589.75
Change Change %
-3.60 -0.10%

Updated:19 Jan, 2018, 15:53 PM IST

BSE
3590.75
Change Change %
-1.45 -0.04%

Updated:19 Jan, 2018, 16:01 PM IST

Research Report Detail

Brokerage
Analyst
Report Date Call Price@Call Target Price
Stop Loss
Current Status Time Horizon
Edelweiss
N/A
26-07-2017 Hold 3726.50 3960.00
N/A
Target Hit Long (1Y)
26-07-2018

Edelweiss maintains hold on Hero MotoCorp

Edelweiss has maintained hold on Hero MotoCorp for target price of Rs 3,960. It says Hero MotoCorp's (HMCL) Q1FY18 EBITDA of Rs 1,290 crore (up 5.4% YoY) surpassed their estimate by 2.7% due to the gross margin beat, as price hikes helped offset higher commodity and BS-IV transition costs.

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