Citi is not impressed and reiterates sell rating but raised target price to Rs 2461 per share. During the quarter, Hero’s margin expanded by 230 basis points to 15.8 percent.
Posts tagged MC
Hero Moto rises 2% post Q2; Analysts still not so impressed (21-10-2015)
Buy Unichem Laboratories; target of Rs 330: ICICI Direct (21-10-2015)
ICICI Direct is bullish on Unichem Laboratories and has recommended buy rating on the stock with a target of Rs 330 in its October 20, 2015 research report.
Reliance AMC to acquire Goldman Sachs AMC for Rs 243cr (21-10-2015)
In its first ever acquisition, Reliance Capital Asset Management (RCAM) today announced takeover of global giant Goldman Sachs’ mutual fund business in India for Rs 243 crore in an all-cash deal as yet another foreign player exits the Rs 13 lakh crore Indian MF market.
Sell SKS Microfinance; target of Rs 320: Religare (21-10-2015)
Religare is bearish on SKS Microfinance and has recommended sell rating on the stock with a target of Rs 320 in its October 20, 2015 research report.
Buy Petronet LNG; target of Rs 218: KRChoksey (21-10-2015)
KRChoksey is bullish on Petronet LNG and has recommended buy rating on the stock with a target of Rs 218 in its October 20, 2015 research report.
Buy UltraTech; target of Rs 3,220: Prabhudas Lilladher (21-10-2015)
Prabhudas Lilladher is bullish on UltraTech Cement and has recommended buy rating on the stock with a target of Rs 3,220 in its October 19, 2015 research report.
Buy South Indian Bank; target of Rs 30: Prabhudas Lilladher (21-10-2015)
Prabhudas Lilladher is bullish on South Indian Bank and has recommended buy rating on the stock with a target of Rs 30 in its October 19, 2015 research report.
Buy Hindustan Zinc; target of Rs 175: Religare (21-10-2015)
Religare is bullish on Hindustan Zinc and has recommended buy rating on the stock with a target of Rs 175 in its October 20, 2015 research report.
Buy UltraTech Cement; target of Rs 3600:ICICI Direct (21-10-2015)
ICICI Direct is bullish on UltraTech Cement and has recommended buy rating on the stock with a target price of Rs 3600 in its research report dated October 19, 2015.
Sensex rises 100 pts, Nifty eyes 8300; DRL down, Mphasis up (21-10-2015)
Dr Reddy’s Labs topped selling list on Sensex, down 2 percent followed by Sun Pharma, Lupin, HDFC, LT, Maruti and BHEL with marginal losses.